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University of Alabama
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Our courses are approved by the American Council on Education (ACE) — the same body that approves AP and IB — and are accepted for credit by thousands of universities, including yours.

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Learning Outcomes
University of Alabama
Upon successful completion of the course, students will be able to: master key statistical concepts, including descriptive and inferential statistics, probability distributions, measures of central tendency, and dispersion, while differentiating between data types for appropriate statistical treatments; analyze, interpret, and visualize business data using statistical software like Excel, performing accurate and efficient calculations for data manipulation and graph/chart creation; apply statistical methods to real-world business scenarios, using data-driven insights to inform and optimize business strategies, operational efficiencies, and market research; critically assess the quality and reliability of data sources, identify potential biases in statistical analysis, and understand their impact on business decision-making; present statistical findings clearly and concisely, suitable for various audiences, including writing reports and giving presentations to effectively communicate statistical analyses; and hone problem-solving abilities using statistical methods to address complex business challenges, focusing on developing logical and analytical thinking for data-driven problem-solving.
Major Course Topics
Major topics include introduction to Business Statistics; categorical data; descriptive statistics: measurement techniques; descriptive statistics: data representation; dispersion measures in Business; correlation and association in Business; probability concepts and distributions in Business Statistics; sampling techniques; constructing confidence intervals; hypothesis testing in business contexts; analyzing variance in business research; nonparametric methods in business statistics; regression analysis in business; business forecasting techniques; and implementing control charts in business processes.
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