Table of contents

1. Introduction to Statistics53m
2. Describing Data with Tables and Graphs2h 1m
3. Describing Data Numerically1h 48m
4. Probability2h 26m
5. Binomial Distribution & Discrete Random Variables2h 55m
6. Normal Distribution & Continuous Random Variables1h 48m
7. Sampling Distributions & Confidence Intervals: Mean2h 8m
8. Sampling Distributions & Confidence Intervals: Proportion1h 20m
- Sampling Distribution of Sample Proportion
  35m
- Confidence Intervals for Population Proportion
  45m
9. Hypothesis Testing for One Sample2h 23m
10. Hypothesis Testing for Two Samples3h 25m
11. Correlation1h 6m
12. Regression1h 4m
13. Chi-Square Tests & Goodness of Fit1h 30m
14. ANOVA1h 4m

1. Introduction to Statistics

Intro to Stats

Statistics for Business

1. Introduction to Statistics

Intro to Stats

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Multiple Choice

The field of operations management is shaped by advances in which of the following fields?

Art History

Philosophy

Statistics

Literature

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Verified step by step guidance

Understand the context of operations management: Operations management focuses on optimizing processes, improving efficiency, and making data-driven decisions in business settings.

Recognize the relevance of statistics: Statistics is a critical field for operations management as it provides tools for analyzing data, forecasting, quality control, and decision-making under uncertainty.

Eliminate unrelated fields: Art History, Philosophy, and Literature are not directly related to the analytical and quantitative nature of operations management.

Connect statistics to operations management: Statistical methods such as regression analysis, hypothesis testing, and probability distributions are commonly used in operations management to solve real-world business problems.

Conclude that statistics is the correct answer: Based on the explanation, statistics is the field that significantly shapes operations management by providing essential methodologies for data analysis and decision-making.