- Descriptive Statistics: frequency distributions, graphical displays, measures of central tendency, measures of dispersion.
- Probability: experiments, counting rules, assigning probabilities, events, complement, exclusion, intersection, union, addition law, conditional probability.
- Discrete Probability Distributions: expected value and variance, binomial distribution.
- Continuous Probability Distributions: uniform and normal probability distributions.
- Sampling Distributions: random sampling, sampling distribution of sample mean and sample proportion.
- Interval Estimation: means and proportions, small and large samples, determining sample size.
- Hypothesis Testing: formulating and testing a research hypothesis, I and II tailed tests about sample mean and proportion, Type I and II error.
- Statistical Inference with Two Populations (independent samples): interval estimation and hypothesis tests for difference between two means and between two proportions.
- Computer Analysis with Excel Spreadsheets: creation of spreadsheets, histograms, frequency tables, scatter charts, interval estimates, and use of probability distribution functions.
- Simple Linear Regression: least squares, model and assumption, R-Squared, prediction.
Lectures and seminars.
|Term Examinations (2-3)||40% - 50%|
|Computer Lab Test||5% - 10%|
|Assignments (6-12)||15% - 25%|
|Participation||0% - 5%|
Note: Students must achieve a grade of at least 50% on the combined examination components to pass the course.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
At the end of the course, the successful student should be able to:
- collect statistical data using appropriate sampling techniques;
- organize statistical data and calculate measures of central tendency and variation;
- calculate the probability of events when they are mutually exclusive, independent and dependent;
- use binomial and normal distribution to make probability estimates;
- set up confidence intervals for population means and proportions;
- use sample information to test statements or claims about parameters;
- use computer spreadsheets to solve statistical problems;
- use simple regression to determine significance of relationship between two variables.
Textbooks and Materials to be Purchased by Students
Donnelly, Robert A. Jr.; Business Statistics, Latest Edition, Pearson; or
Sharpe, Norean R., De Veaux, Richard D. et al. Business Statistics, Latest Edition. Pearson; or
Other textbooks approved by the department.
Use of only Commerce and Business Administration faculty-approved calculators.
FINC 1231 or (Principles of Math 12 with a C or Pre-Calculus 12 with a C or equivalent) OR currently active in the:
PDD Supply Chain Management or
PBD International Supply Chain Management or
PDD Accounting Studies or
PDD Accounting or
PBD Accounting or
PDD Data Analytics or
PBD Computer and Information Systems
Courses listed here are equivalent to this course and cannot be taken for further credit:
- No equivalency courses
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.
|Institution||Transfer Details||Effective Dates|
|Acsenda School of Management (ASM)||ASM BADM 221 (3)||2010/09/01 to -|
|Acsenda School of Management (ASM)||ASM ST 1100 (3)||2006/01/01 to 2010/08/31|
|Alexander College (ALEX)||ALEX COMM 291 (3)||2008/09/01 to -|
|Athabasca University (AU)||AU MGSC 301 (3)||2014/09/01 to -|
|Camosun College (CAMO)||CAMO BUS 230 (3)||2013/01/01 to -|
|Capilano University (CAPU)||CAPU BADM 210 (3)||2004/09/01 to -|
|College of New Caledonia (CNC)||CNC MATH 157 (3)||2019/05/01 to -|
|Coquitlam College (COQU)||COQU STAT 291 (4)||2004/09/01 to -|
|Fairleigh Dickinson University (FDU)||FDU QUANT 2029 (3)||2007/09/01 to -|
|Kwantlen Polytechnic University (KPU)||DOUG BUSN 2429 (3) & DOUG BUSN 3431 (3) = KPU ACCT 1230 (3) or KPU BUQU 1230 (3) or KPU MATH 2341 (3)||2004/09/01 to 2019/08/31|
|Langara College (LANG)||LANG STAT 1123 (3)||2004/09/01 to -|
|North Island College (NIC)||NIC STA 115 (3)||2004/09/01 to -|
|Simon Fraser University (SFU)||SFU BUEC 232 (3) or SFU STAT 101 (3) or SFU STAT 201 (3) or SFU STAT 203 (3)||2004/09/01 to 2019/08/31|
|Simon Fraser University (SFU)||SFU ECON 233 (4) & SFU ECON 2XX (2)||2020/09/01 to -|
|Simon Fraser University (SFU)||DOUG BUSN 2429 (3) & DOUG BUSN 3431 (3) = SFU BUS 232 (4) & SFU BUS 2XX (2)||2019/09/01 to -|
|Simon Fraser University (SFU)||DOUG BUSN 2429 (3) & DOUG BUSN 3431 (3) = SFU BUEC 232 (3) & SFU BUEC 2XX (2)||2004/09/01 to 2019/08/31|
|Simon Fraser University (SFU)||SFU BUS 232 (3) or SFU ECON 233 (3) or SFU STAT 101 (3) or SFU STAT 201 (3) or SFU STAT 203 (3)||2020/09/01 to -|
|Simon Fraser University (SFU)||SFU STAT 101 (3) or SFU STAT 201 (3) or SFU STAT 203 (3)||2019/09/01 to 2020/08/31|
|Thompson Rivers University (TRU)||TRU BBUS 232 (3)||2004/09/01 to 2010/08/31|
|Trinity Western University (TWU)||TWU BUSI 275 (3)||2014/05/01 to -|
|Trinity Western University (TWU)||TWU BUSI 275 (3)||2004/09/01 to 2013/12/31|
|Trinity Western University (TWU)||TWU BUSI 1XX (3)||2014/01/01 to 2014/04/30|
|University of British Columbia - Okanagan (UBCO)||UBCO STAT 121 (3) or UBCO STAT 124 (3)||2005/05/01 to -|
|University of British Columbia - Vancouver (UBCV)||UBCV COMM 2nd (3)||2004/09/01 to -|
|University of British Columbia - Vancouver (UBCV)||DOUG BUSN 2290 (3) & DOUG BUSN 2429 (3) & DOUG BUSN 3431 (3) = UBCV COMM 290 (3) & UBCV COMM 291 (3)||2004/09/01 to -|
|University of Northern BC (UNBC)||UNBC ECON 205 (3) or UNBC MATH 240 (3)||2008/09/01 to 2011/08/31|
|University of Northern BC (UNBC)||UNBC ECON 205 (3) or UNBC MATH 242 (3)||2004/09/01 to 2008/08/31|
|University of Northern BC (UNBC)||UNBC ECON 205 (3) or UNBC STAT 240 (3)||2011/09/01 to -|
|University of the Fraser Valley (UFV)||UFV STAT 106 (4)||2013/01/01 to 2014/08/31|
|University of the Fraser Valley (UFV)||UFV STAT 1XX (3)||2014/09/01 to -|
|University of the Fraser Valley (UFV)||UFV MATH 104 (4)||2004/09/01 to 2005/08/31|
|University of the Fraser Valley (UFV)||UFV MATH 106 (4)||2005/09/01 to 2012/12/31|
|University of Victoria (UVIC)||UVIC STAT 252 (1.5) or UVIC STAT 255 (1.5)||2004/09/01 to 2008/12/31|
|University of Victoria (UVIC)||UVIC STAT 252 (1.5)||2009/01/01 to -|
|Vancouver Island University (VIU)||VIU QUME 232 (3)||2014/09/01 to -|