Business Statistics
"Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines such as financial analysis, econometrics, auditing, production and operations including services improvement and marketing research".
These sources feature regular repetitive publication of series of data. This makes the topic of time series especially important for business statistics. It is also a branch of applied statistics working mostly on data collected as a by-product of doing business or by government agencies. It provides knowledge and skills to interpret and use statistical techniques in a variety of business applications.
A typical business statistics course is intended for business majors, and covers statistical study, descriptive statistics (collection, description, analysis, and summary of data), probability, and the binomial and normal distributions, test of hypotheses and confidence intervals, linear regression, and correlation.
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Matching Business Statistics Colleges
Johns Hopkins University
Four or more years; Private not for profit; $58,720 average out-state tuition; $58,720 average in-state tuition |
Hult International Business School
Four or more years; Private not for profit; $43,514 average out-state tuition; $43,514 average in-state tuition |
Southern New Hampshire University
Four or more years; Private not for profit; $15,000 average out-state tuition; $15,000 average in-state tuition |
Washington University in St Louis
Four or more years; Private not for profit; $57,750 average out-state tuition; $57,750 average in-state tuition |
University of Maryland-College Park
Four or more years; Public; $36,683 average out-state tuition; $9,000 average in-state tuition |
The University of Tennessee-Knoxville
Four or more years; Public; $29,522 average out-state tuition; $11,332 average in-state tuition |
Bentley University
Four or more years; Private not for profit; $54,910 average out-state tuition; $54,910 average in-state tuition |
Scholarships for Business Statistics Majors
Goldman Sachs MBA FellowshipGoldman Sachs and Co. |
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award Up to $75,000 |
deadline Varies |
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Siebel Scholars ProgramSiebel Scholars Foundation |
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award $35,000 |
deadline Varies |
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Jesse Jackson Fellows - Toyota ScholarshipPUSH Excel |
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award Up to $25,000 |
deadline May 31, 2024 |
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Besio Family ScholarshipUniversity of Notre Dame |
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award $25,000 |
deadline January 01, 2025 |
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Huizenga Business Innovation Academy ScholarshipNova Southeastern University |
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award $20,000 |
deadline Varies |
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KMF Professional Excellence Scholarship ProgramKohlberg-Manacher Foundation |
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award $15,000 |
deadline June 01, 2024 |
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Women in Business - Miss America PageantMiss America Pageant |
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award Up to $10,000 |
deadline Varies |
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Christine and Clarence Day Business ScholarshipUniversity of Mississippi |
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award $10,000 |
deadline Varies |
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3M Business Development FellowshipUniversity of Minnesota, Carlson School of Management |
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award $10,000 |
deadline Varies |
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Philip Breitman Memorial ScholarshipUniversity of Wisconsin, Eau Claire - College of Business |
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award $8,900 |
deadline Varies |
Business Statistics Related Majors
- Business Administration, Management and Operations
- Business, Management, and Marketing
- Marketing
- Accounting and Business/Management
- Finance and Financial Management Services
- Accounting and Finance
- International Business
- Fashion Merchandising
- Human Resources Management and Services
- Entrepreneurial and Small Business Operations
- Business and Personal/Financial Services Marketing Operations
- Hospitality Administration/Management
- Business
- Real Estate
- Management Information Systems and Services
- Fashion Modeling
- Small Business Administration/Management
- Business/Managerial Economics
- Entrepreneurship/Entrepreneurial Studies
- Construction Management