ADM 2303 Statistics for Management

3 units
Administration
Telfer School of Management
Introduction to the use of statistical methods and tools in business, Data exploration. Descriptive statistics including graphical representation of data, measure of central tendency and dispersion. Applications of random variables and their probability distribution in business. Useful probability distributions in management, including binomial, Poisson, normal, exponential and uniform distributions. Introduction to statistical process control and quality improvement. Hands-on experience with Excel and/or Minitab. (The lab is optional.)

Components:

Discussion Group
Lecture

Requirements:

Prerequisite: ADM 1305 or MAT 1300 or MAT 1329 .

Previously Offered Terms:

Fall
Winter
Summer

French Equivalent:

Organized

1783 responses

3.99

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strongly agree
41%
agree
41%
disagree
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Clear Expectations

804 responses

4.32

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strongly agree
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agree
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neither agree nor disagree
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Learned a Lot

1781 responses

3.95

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strongly agree
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agree
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disagree
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Recommend

975 responses

3.27

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strongly agree
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agree
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disagree
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Workload

974 responses

2.23

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very heavy
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heavier than average
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average
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lighter than average
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Fair Assessments

1779 responses

3.97

/ 5

strongly agree
38%
agree
43%
disagree
12%
strongly disagree
6%
question not applicable
1%
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75%
100%