Business 212

Ch 1. Introduction to Business Statistics
Lesson 1 – Application of Statistics in Business Take Quiz
Lesson 2 – Qualitative & Quantitative Variables in Statistics Take Quiz
Lesson 3 – Descriptive & Inferential Statistics: Definition, Differences & Examples Take Quiz
Lesson 4 – The Purpose of Statistical Models Take Quiz
Lesson 5 – What is Bivariate Data? – Definition & Examples Take Quiz
Lesson 6 – Nominal, Ordinal, Interval & Ratio Measurements: Definition & Examples Take Quiz
Lesson 7 – Random Variables: Definition, Types & Examples Take Quiz
Lesson 8 – Bias in Statistics: Definition & Examples Take Quiz
Lesson 9 – Misleading Uses of Statistics Take Quiz
Lesson 10 – Computer Software in Statistical Analysis: Role & Examples Take Quiz
Lesson 11 – How to Use Formulas & Functions in Excel Take Quiz

Go to chapter Introduction to Business Statistics

Practice test: Introduction to Business Statistics

Ch 2. Introduction to Categorical Data
Lesson 1 – What is Categorical Data? – Definition & Examples Take Quiz
Lesson 2 – Summarizing Categorical Data using Tables Take Quiz
Lesson 3 – Interpreting Graphical Representations Take Quiz
Lesson 4 – What is a Line Graph? – Definition & Examples Take Quiz
Lesson 5 – Bar Graph: Definition, Types & Examples Take Quiz
Lesson 6 – Excel Charts & Graphs: Summarizing Data Visually Take Quiz
Lesson 7 – Graphs & Charts in Business: Importance, Use & Examples Take Quiz

Go to chapter Introduction to Categorical Data

Practice test: Introduction to Categorical Data

Ch 3. Descriptive Statistics: Measurement
Lesson 1 – Measures of Central Tendency: Definitions & Practice Take Quiz
Lesson 2 – Arithmetic Mean: Definition, Formula & Examples Take Quiz
Lesson 3 – Geometric Mean: Definition and Formula Take Quiz
Lesson 4 – Mean, Median, Mode & Range Take Quiz
Lesson 5 – Quartiles & the Interquartile Range: Definition, Formulate & Examples Take Quiz
Lesson 6 – Deciles in a Data Set: Definition, Formula & Examples Take Quiz
Lesson 7 – Finding Percentiles in a Data Set: Formula & Examples Take Quiz
Lesson 8 – Using the IF Function in Excel Take Quiz

Go to chapter Descriptive Statistics: Measurement

Practice test: Descriptive Statistics: Measurement

Ch 4. Descriptive Statistics: Representation
Lesson 1 – What is Data Distribution? – Definition & Types Take Quiz
Lesson 2 – Visual Representations of a Data Set: Shape, Symmetry & Skewness Take Quiz
Lesson 3 – Skewness in Statistics: Definition, Formula & Example Take Quiz
Lesson 4 – Creating & Interpreting Dot Plots: Process & Examples Take Quiz
Lesson 5 – Creating & Interpreting Box Plots: Process & Examples Take Quiz
Lesson 6 – Creating & Interpreting Scatterplots: Process & Examples Take Quiz
Lesson 7 – Creating & Interpreting Histograms: Process & Examples Take Quiz
Lesson 8 – Creating Histograms, Box, Scatter & Dot Plots in Excel Take Quiz

Go to chapter Descriptive Statistics: Representation

Practice test: Descriptive Statistics: Representation

Ch 5. Measures of Dispersion in Business
Lesson 1 – Measures of Variability: Range, Variance & Standard Deviation Take Quiz
Lesson 2 – Calculating Variance for Business: Approaches & Examples Take Quiz
Lesson 3 – Calculating the Standard Deviation Take Quiz
Lesson 4 – Continuous & Normal Distributions in Business: Uses & Examples Take Quiz
Lesson 5 – Normal Distribution & Shifts in the Mean Take Quiz
Lesson 6 – Chebyshev’s Inequality: Definition, Formula & Examples Take Quiz
Lesson 7 – Finding Z-Scores: Definition & Examples Take Quiz
Lesson 8 – Estimating Areas Under the Normal Curve Using Z-Scores Take Quiz
Lesson 9 – Estimating Population Percentages from Normal Distributions: The Empirical Rule & Examples Take Quiz
Lesson 10 – Using Excel to Calculate Measures of Dispersion for Business Take Quiz

Go to chapter Measures of Dispersion in Business

Practice test: Measures of Dispersion in Business

Ch 6. Measures of Association & Correlation in Business
Lesson 1 – Correlation vs. Causation: Differences & Definition Take Quiz
Lesson 2 – The Relationship Between Variables: Correlation Coefficient & Scatterplots Take Quiz
Lesson 3 – The Correlation Coefficient: Definition, Formula & Example Take Quiz
Lesson 4 – Using the Raw Score Method to Compute the Correlation Coefficient Take Quiz
Lesson 5 – Coefficient of Determination: Definition, Formula & Example Take Quiz
Lesson 6 – Pearson Correlation Coefficient: Formula, Example & Significance Take Quiz
Lesson 7 – Measures of Correlation in Business & Finance: Uses & Examples Take Quiz
Lesson 8 – How to Calculate the Correlation Coefficient in Excel Take Quiz

Go to chapter Measures of Association & Correlation in Business

Practice test: Measures of Association & Correlation in Business

Ch 7. Probability for Business Statistics
Lesson 1 – Subjective Probability: Definition & Examples Take Quiz
Lesson 2 – Relative Frequency & Classical Approaches to Probability Take Quiz
Lesson 3 – Calculating Possible Outcomes: Definition & Formula Take Quiz
Lesson 4 – Statistics, Data Analysis & Probability in Real Life Take Quiz
Lesson 5 – The Addition Rule of Probability: Definition & Examples Take Quiz
Lesson 6 – The Multiplication Rule of Probability: Definition & Examples Take Quiz
Lesson 7 – Contingency Table: Statistics, Probability & Examples Take Quiz
Lesson 8 – Venn Diagrams: Subset, Disjoint, Overlap, Intersection & Union Take Quiz
Lesson 9 – Bayes’ Theorem: Definition, Formula & Usage Take Quiz

Go to chapter Probability for Business Statistics

Practice test: Probability for Business Statistics

Ch 8. Probability Distributions for Business Statistics
Lesson 1 – Uniform Distribution in Statistics: Definition & Examples Take Quiz
Lesson 2 – Developing Continuous Probability Distributions Theoretically & Finding Expected Values Take Quiz
Lesson 3 – Developing Discrete Probability Distributions Theoretically & Finding Expected Values Take Quiz
Lesson 4 – Mean & Standard Deviation of a Binomial Random Variable: Formula & Example Take Quiz
Lesson 5 – Poisson Distribution: Definition, Formula & Examples Take Quiz
Lesson 6 – Using Probability Distributions to Solve Business Problems Take Quiz

Go to chapter Probability Distributions for Business Statistics

Practice test: Probability Distributions for Business Statistics

Ch 9. Sampling Methods for Statistics
Lesson 1 – Difference between Populations & Samples in Statistics Take Quiz
Lesson 2 – Issues in Probability & Non-Probability Sampling Take Quiz
Lesson 3 – What is Random Sampling? – Definition, Conditions & Measures Take Quiz
Lesson 4 – Simple Random Samples: Definition & Examples Take Quiz
Lesson 5 – Stratified Random Samples: Definition, Characteristics & Examples Take Quiz
Lesson 6 – Cluster Random Samples: Definition, Selection & Examples Take Quiz
Lesson 7 – Systematic Random Samples: Definition, Formula & Advantages Take Quiz
Lesson 8 – Sampling Distributions & the Central Limit Theorem: Definition, Formula & Examples Take Quiz
Lesson 9 – Finding Probabilities About Means Using the Central Limit Theorem Take Quiz
Lesson 10 – Using the Central Limit Theorem in Business Take Quiz

Go to chapter Sampling Methods for Statistics

Practice test: Sampling Methods for Statistics

Ch 10. Confidence Intervals
Lesson 1 – Point & Interval Estimations: Definition & Differences Take Quiz
Lesson 2 – Determining the Sample Size to Estimate Confidence Intervals: Definition & Process Take Quiz
Lesson 3 – Finding Confidence Intervals with the Normal Distribution Take Quiz
Lesson 4 – Using the t Distribution to Find Confidence Intervals Take Quiz
Lesson 5 – Degrees of Freedom: Definition, Formula & Example Take Quiz
Lesson 6 – Sample Proportion in Statistics: Definition & Formula Take Quiz
Lesson 7 – Finding Confidence Intervals for Proportions: Formula & Example Take Quiz
Lesson 8 – Calculating Confidence Intervals, Levels & Coefficients Take Quiz
Lesson 9 – Sampling Process in Business: Components & Examples Take Quiz
Lesson 10 – Considerations for Small Samples in Inferential Statistics Take Quiz
Lesson 11 – Applying Confidence Intervals in Business to Quantify Reliability Take Quiz

Go to chapter Confidence Intervals

Practice test: Confidence Intervals

Ch 11. Hypothesis Testing in Business
Lesson 1 – What is Hypothesis Testing? – Definition, Steps & Examples Take Quiz
Lesson 2 – Hypothesis Testing Large Independent Samples Take Quiz
Lesson 3 – Conducting Hypothesis Testing for a Mean: Process & Examples Take Quiz
Lesson 4 – Type I & Type II Errors in Hypothesis Testing: Differences & Examples Take Quiz
Lesson 5 – One-Tailed Vs. Two-Tailed Tests: Differences & Examples Take Quiz
Lesson 6 – Z Test & T Test: Similarities & Differences Take Quiz
Lesson 7 – What Are t-Tests? – Assessing Statistical Differences Between Groups Take Quiz
Lesson 8 – Hypothesis Testing for a Proportion Take Quiz
Lesson 9 – Hypothesis Testing for a Difference Between Two Proportions Take Quiz
Lesson 10 – Hypothesis Testing Matched Pairs Take Quiz
Lesson 11 – Business Applications of Hypothesis Testing Take Quiz

Go to chapter Hypothesis Testing in Business

Practice test: Hypothesis Testing in Business

Ch 12. Analysis of Variance
Lesson 1 – Basic Experimental Design in Business: Types & Procedures Take Quiz
Lesson 2 – Analysis Of Variance (ANOVA): Examples, Definition & Application Take Quiz
Lesson 3 – Main Effect and Interaction Effect in Analysis of Variance Take Quiz
Lesson 4 – Sum of Squares: Definition & Application Take Quiz
Lesson 5 – Two-Way ANOVA: Definition & Application Take Quiz
Lesson 6 – Using ANOVA to Analyze Within-Group Variance Take Quiz
Lesson 7 – Using ANOVA to Analyze Variances Between Multiple Groups Take Quiz

Go to chapter Analysis of Variance

Practice test: Analysis of Variance

Ch 13. Nonparametric Methods in Statistics
Lesson 1 – Non-Parametric Inferential Statistics: Definition & Examples Take Quiz
Lesson 2 – What is a Chi-Square Test? – Definition & Example Take Quiz
Lesson 3 – What is a Two-Way Table? Take Quiz
Lesson 4 – Statistical Analysis: Using Data to Find Trends and Examine Relationships Take Quiz

Go to chapter Nonparametric Methods in Statistics

Practice test: Nonparametric Methods in Statistics

Ch 14. Regression Analysis
Lesson 1 – Regression Analysis: Definition & Examples Take Quiz
Lesson 2 – Simple Linear Regression: Definition, Formula & Examples Take Quiz
Lesson 3 – Problem Solving Using Linear Regression: Steps & Examples Take Quiz
Lesson 4 – Analyzing Residuals: Process & Examples Take Quiz
Lesson 5 – Using Regression Analysis in Business Take Quiz
Lesson 6 – Multiple Regression Analysis in Business: Uses & Examples Take Quiz
Lesson 7 – How to Create a Multiple Regression Analysis Take Quiz
Lesson 8 – Categorical Variables in Regression Analysis Take Quiz

Go to chapter Regression Analysis

Practice test: Regression Analysis

Ch 15. Understanding Business Forecasting
Lesson 1 – What is Forecasting in Business? – Definition & Models Take Quiz
Lesson 2 – Time Series Analysis & Its Applications Take Quiz
Lesson 3 – Indexes in Business: Definition, Use & Examples Take Quiz
Lesson 4 – Predicting Business Outcomes Using Payoff Tables & Decision Trees Take Quiz

Go to chapter Understanding Business Forecasting

Practice test: Understanding Business Forecasting

Ch 16. Using Control Charts in Business
Lesson 1 – Statistical Process Control: Definition & Examples Take Quiz
Lesson 2 – Using Rational Sub-Grouping to Control Process Take Quiz
Lesson 3 – What Are Control Charts for Attributes? Take Quiz
Lesson 4 – What Are Control Charts for Variables? Take Quiz
Lesson 5 – Identifying Patterns on Control Charts Take Quiz

Go to chapter Using Control Charts in Business

Practice test: Using Control Charts in Business