"Introductory Business Statistics with Interactive Spreadsheets - 1st Canadian Edition" is an adaptation of Thomas K. Tiemann's book, "Introductory Business Statistics". In addition to covering basics such as populations, samples, the difference between data and information, and sampling distributions, descriptive statistics and frequency distributions, normal and t-distributions, hypothesis testing, t-tests, f-tests, analysis of variance, non-parametric tests, and regression basics, the following information has been added: the chi-square test and categorical variables, null and alternative hypotheses for the test of independence, simple linear regression model, least squares method, coefficient of determination, confidence interval for the average of the dependent variable, and prediction interval for a specific value of the dependent variable. This new edition also allows readers to learn the basic and most commonly applied statistical techniques in business in an interactive way -- when using the web version -- through interactive Excel spreadsheets. All information has been revised to reflect Canadian content.

Introductory statistics course developed through the Ohio Department of Higher Education OER Innovation Grant. The course is part of the Ohio Transfer Module and is also named TMM010. For more information about credit transfer between Ohio colleges and universities please visit: www.ohiohighered.org/transfer.Team LeadKameswarrao Casukhela                     Ohio State University – LimaContent ContributorsEmily Dennett                                       Central Ohio Technical CollegeSara Rollo                                            North Central State CollegeNicholas Shay                                      Central Ohio Technical CollegeChan Siriphokha                                   Clark State Community CollegeLibrarianJoy Gao                                                Ohio Wesleyan UniversityReview TeamAlice Taylor                                           University of Rio GrandeJim Cottrill                                             Ohio Dominican University

In this module we will learn about discrete random variables, their distributions and properties. Of specific interest would be a binomial random variable, its distribution and applications.Learning Objectives:Discrete random variable, distribution, mean and standard deviationBinomial random variable and its distributionTextbook Material -  Chapter 4 – Probability Topics – Pages 239 - 257Suggested Homework:Discrete Random Variable - 69, 70, 74, 75, 76, 78, 96, 102Binomial Distribution – Odds 88 - 111