This course is an introduction to the concepts and techniques of statistics. It is designed to cover the concepts, arithmetic and algebraic techniques necessary for an understanding of basic statistical methods from the perspectives of both descriptive and inferential statistics. Special emphasis is given to the concepts and techniques relevant to organizing and summarizing data, probability distributions, sampling distributions, estimation, and hypothesis testing. Through this course students will be able to understand the role of statistics as a widely used tool in the world of business; develop an appreciation of the techniques and concepts used in business research and everyday business transactions; and develop the ability to analyze and use statistical information as an aid to problem solving and decision making