Statistics is the practice or science of collecting and analyzing numerical data in large quantities, especially for the purpose of inferring proportions in a whole from those in a representative sample.

‘Statistics in Business’ applies statistical methods in the business context in order to address business-related questions and help make evidence-based decisions. The main objective of Business Statistics is to make inferences about certain characteristics of a population in the business domain whether the population is people, objects, or collections of information.

Course Objectives: Upon completion of this course, the student should be able to-

• Understand basic theoretical and applied principles of statistics 
• Communicate key statistical concepts to non-statisticians
• Apply statistical knowledge and skills throughout their future studies and careers

Course Instructor