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BUS 641: Business Statistics


Most of us have had no formal contact with “Statistics” in our earlier years and therefore we lack a common “base” upon which an advanced study may be undertaken. This is unfortunate because Statistics is used throughout our society during the balance of our lives.

Therefore we need a common topic with which to begin and experience tells us that this is best supplied by an examination of the “environment” or “surrounding” within which predictable supply and demands, business, and supply chain management must function.

Textbook:Business Statistics, In Practice, 6th Edition. Bowerman, O’Connell, Murphree. Published by McGraw-Hill. ISBN # 0-07-340183-8 or ISBN 978-0-07-340183-6.