A study of the basic concepts and methods of statistics, including descriptive statistics, probability, sampling theory and practice, hypothesis testing, and correlation. Computers are introduced as tools of analysis. A basic statistics course for students from fields in which statistics find application. A study of the process of planning and implementing the business activities that facilitate and expedite deveopment of satisfying exchange relationships through the creation, distribution, promotion, and pricing of goods, services and ideas. This course is designed to present a realistic picture of the content of modern managerial challenges.
Students work in supervised public or private industry positions related to business applications.
Practica are expected to be entry-level positions which will give students an introduction to administrative business practices and policies. Placements may or may not be paid positions. A minimum of 60 hours of actual work experience is required for each one semester hour of academic credit. A study of the fundamentals of contract law and the application of those fundamentals to business transactions. A study of the legal relations created by negotiable instruments and an introduction to principles concerning the business organization of partnerships, corporations, estates and trusts.