Business Statistics

Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines such as financial analysis, econometrics, auditing, production and operations including services improvement, and marketing research.

These sources feature regular repetitive publication of series of data. This makes the topic of time series especially important for business statistics. It is also a branch of applied statistics working mostly on data collected as a by-product of doing business or by government agencies. It provides knowledge and skills to interpret and use statistical techniques in a variety of business applications. A typical business statistics course is intended for business majors, and covers statistical study, descriptive statistics (collection, description, analysis, and summary of data), probability, and the binomial and normal distributions, test of hypotheses and confidence intervals, linear regression, and correlation.

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Matching Business Statistics Colleges

Name
Cleveland State University Four or more years; Public; 14,847 students; $11,387 average out-state tuition; $8,466 average in-state tuition
University of Denver Four or more years; Private not for profit; 11,770 students; $35,604 average out-state tuition; $35,604 average in-state tuition
Bowling Green State University-Main Campus Four or more years; Public; 17,515 students; $15,360 average out-state tuition; $8,322 average in-state tuition
CUNY Bernard M Baruch College Four or more years; Public; 16,160 students; $9,960 average out-state tuition; $4,600 average in-state tuition
Bentley University Four or more years; Private not for profit; 5,628 students; $35,580 average out-state tuition; $35,580 average in-state tuition
Brigham Young University-Provo Four or more years; Private not for profit; 34,130 students; $4,420 average out-state tuition; $4,420 average in-state tuition
University of Puerto Rico-Rio Piedras Four or more years; Public; 18,966 students; $3,884 average out-state tuition; $1,331 average in-state tuition