What Statistical Knowledge Should Students Know to Prepare for Graduate Business Analytics? Jeffrey D. Camm Wake Forest University School of Business cammjd@wfu.edu.

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What Statistical Knowledge Should Students Know to Prepare for Graduate Business Analytics? Jeffrey D. Camm Wake Forest University School of Business cammjd@wfu.edu

What they will take @ Wake Forest

This course provides an introduction to the theory, principles, and application of statistical and other quantitative techniques that are needed to make data driven decisions.

What do we want the students to know? At the end of this course, you should be able to: Recognize the appropriate statistical method to apply in different analysis situations Properly interpret the output from a statistical analysis Use Excel and other statistical software to carry out the analysis of data

Specific Topics: What’s in? Visualizing Data Summarizing Data Numerically Laws of Probability Probability Distributions Confidence Intervals and Hypothesis Testing Linear Regression including assumption validation Software: Excel – SAS - R

Specific Topics: What’s out?

The Answer to the Original Question Should Depend on the Goals/Positioning of the Program