SCM 200Introduction to Statistics for Business

4 credits · Supply Chain Management · Penn State

SCM 200 introduces basic statistical concepts and models within the framework of business problems and applications. Students learn about the usefulness of business statistics to decision making, how to perform basic statistical and analytical procedures, and how to interpret, critically evaluate, and analyze data. Special emphasis is given to active learning methods.

Before you enroll

Prerequisites

From the catalog: “MATH 21 or higher or satisfactory score on the mathematics placement examination”

Counts toward

General education

Quantification (GQ)

Where it fits

Where it sits in degree plans

Suggested plans most often put it in Year 1 · Spring (33 programs).

Required in (1)

Economics, B.A. (Behrend)

One of the options in (70)

Accounting, B.S. (Abington)
Accounting, B.S. (Altoona)
Accounting, B.S. (Behrend)
Accounting, B.S. (Berks)
Accounting, B.S. (Business)
Accounting, B.S. (Capital)
Actuarial Science, B.S.
Agribusiness Management, B.S.
Business Administration, A.S. (Abington)
Business Administration, A.S. (Altoona)
Business Administration, A.S. (Berks)
Business Administration, A.S. (Capital)
and 58 more

What it opens up

Courses that list SCM 200 as a prerequisite (33)

ACCTG 404 Managerial Accounting: Economic Perspective
AGBM 106 Agribusiness Problem Solving
AGBM 320 Markets and Prices: Analysis and Forecasting
BA 302 Supply Chains
BA 321 Contemporary Skills for Business Professionals
BA 322 Negotiation Skills for Business Professionals
BA 499 Foreign Study--Business Administration
COMM 420 Research Methods in Advertising and Public Relations
CYBER 362 Cybersecurity Analytics Studio
DA 201W Descriptive Analytics
EBF 401 Strategic Corporate Finance for the Earth, Energy, and Materials Industries
EBF 473 Risk Management in Energy Industries
EBF 483 Introduction to Electricity Markets
ECON 402 Decision Making and Strategy in Economics
ECON 481 Business Forecasting Techniques
ECON 485 Econometric Techniques
FIN 301 Corporation Finance
FIN 301H Corporation Finance (Honors)
FIN 302 Introductory Financial Modeling
FIN 455 Quantitative Analysis for Business
FIN 465 Data Science and Artificial Intelligence in Finance
FIN 477 Behavioral Finance
MIS 301 Business Analytics
MIS 345 Introduction to Data Analytics
MIS 417 Programming for Data Analytics
MKTG 342 Marketing Research
RM 301 Risk and Decisions
RM 320W Risk Management and Insurance
RM 475 Quantitative Analysis for Business
SCM 301 Supply Chain Management
SCM 301H Supply Chain Management - Honors
SRA 365 Statistics for Security and Risk Analysis
STAT 300 Statistical Modeling I