Learning Objectives: Introduction to Business Statistics

List reasons for a business student to study statistics.

Use common statistical terminology in the context of business applications.

Identify different types of sampling.

Explain the distinction between independent and dependent variables.

Explain the distinction between categorical and continuous variables.

Recognize different levels of measurement and ways of coding data.

Explain the differences between measures of central tendency and measures of variation.

Use R commands and connect to the R community.