Credit Unit 4 Introduction

In this last Credit Unit, we will cover how to calculate descriptive statistics using Excel functions. We will also calculate expected value and explore some applications of expected value. Then we will look at two specific probability distributions: the binomial and the normal. We will generate and use binomial probability distributions in Excel and calculate probabilities based on the normal distributions.

Course Outcomes:

  • Solve business and biological applications using probability distributions.
Last modified: Tuesday, 6 July 2021, 2:35 PM