This website is designed to host course material for STAT 226 - Introduction to Business Statistics at Iowa State University.

This course meets

Relevant course pages

Textbook

Statistics for Business: Decision Making and Analysis (2nd edition) by Robert Stine and Dean Foster

Software

We will be using the Statistical Software JMP. Installation instructions are here.

Course Description

Obtaining, organizing, and presenting statistical data; measures of location and dispersion; the Normal distribution; sampling and sampling distribution of the sample mean; elements of statistical inference; confidence intervals and hypothesis testing for the mean; describing bivariate relationships and inference for simple linear regression analysis; use of computers to visualize and analyze data.

Prerequisite

The prerequisite for the course is MATH 150 or MATH 165.

Q&A

Please use the Canvas discussion forum.

Schedule

Week Module Topic Reading
1 1 Categorical data 1,2,3
2 2 Numerical data 4
3 3 Normal model 12
4      
5 4 Sampling distributions 14.1
6      
7   midterm I  
8 5 Confidence intervals 15
9      
10 6 Statistical tests 16
11      
12   midterm II  
13 7 Fitting a line  
    Thanksgiving break  
14 8 Regression  
15      
16 final exam    

Faculty Senate Recommendations

This course abides by the Faculty Senate Recommendations provided at http://www.celt.iastate.edu/teaching/preparing-to-teach/recommended-iowa-state-university-syllabus-statements.