The Department of Statistics offers a minor program for the honor students of the Fox School of Business and Management. The intent of the Statistics Minor is to complement any major in the FSBM with a quantitative training based on statistical computing technology.
Statistics deals with methods for the collection, visualization, modeling, and analysis of data.
Massive amounts of data are now routinely collected in business and economics and with the use of statistical computing technology these data are transformed into information that is critical for decision making. The integration of statistical methods and computing into a business education gives FSBM students with a Minor in Statistics a variety of career opportunities according to the major chosen. For the Minor in Statistics an honor student must have completed Stat. Regression, Time Series and Forecasting. This course is designed to introduce students to the areas of regression, time series, and forecasting at a reasonable advanced level using Minitab as a statistical package.