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University of Phoenix QRB 501 Quantitative Reasoning For Business PaperScholar Study Aids
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University of Phoenix QRB 501 Quantitative Reasoning For Business

University of Phoenix QRB 501 Quantitative Reasoning For Business


University of Phoenix
QRB 501 Quantitative Reasoning For Business

This course applies quantitative reasoning skills to business problems. Students learn to analyze data using a variety of analytical tools and techniques. Other topics include formulas, visual representation of quantities, time value of money, and measures of uncertainty.

Working with Numbers and Formulas

Write mathematical expressions and equations for word problems.
Apply the rules for order of operations, including exponents, in solving problems.
Identify dependent and independent variables and their relationships.
Business Applications

Solve simultaneous equations algebraically.
Use time series data to forecast.
Convert data to indices.
Visual Representation of Quantities

Construct histograms and bivariate plots.
Determine the value of a slope by using the slope-intercept formula.
Conduct a linear regression analysis.
Time Value of Money

Calculate the time value of money.
Decision Making with Uncertainty

Construct a frequency distribution.
Compare measures of central tendency and measures of dispersion.
Construct a normal distribution.
Quantitative Reasoning for Business

Apply quantitative reasoning to business problems.