MCGILL UNIVERSITY 
MGSC 372: Advanced Business Statistics 
Comprehensive Revision Guide and Notes 2026 
 
- Part 01: Revision Notes 
- Part 02: Sample Examination 
- Part 03: Suggested Solutions to Exam Paper 
- Part 04: Study Tips for Students 
 
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MGSC 372: Advanced Business Statistics

C$25.00

ACADEMIC YEAR 2025 - 2026

University	McGill University
Study Level	Undergraduate
Course Code	MGSC 372
Course Name	Advanced Business Statistics
Notes Title	Comprehensive Revision Guide and Notes
Format	PDF
Page Length	76

MGSC 372: Advanced Business Statistics - McGill University. This guide delivers clear, well-organized notes on all examinable topics. You’ll see the exam format at a glance, what’s in scope, and which concepts deserve the most attention. Each section follows a logical flow, explaining core methods and showing brief, worked examples so you can apply them step by step. Use it to plan revision, strengthen understanding, and approach the exam with confidence.

A practical managerial approach to advanced simple and multiple regression analysis, with application in finance, economics and business, including a review of probability theory, an introduction to methods of least squares and maximum likelihood estimation, autoregressive forecasting models and analysis of variance.

Key Areas of Focus:

Understand and apply probability theory in business contexts.
Analyze stock prices using lognormal distribution.
Construct and interpret normal probability plots.
Conduct confidence intervals and hypothesis tests.
Perform simple and multiple linear regression analyses.
Identify and resolve multicollinearity in regression models.
Use time series forecasting methods, including ARIMA models.
Design and analyze experiments using ANOVA techniques.
Apply logistic regression for binary outcome modeling.

Prerequisite: MGCR 271.

COURSE CODE	COURSE NAME
ACCT 351	Intermediate Financial Accounting 1
ACCT 352	Intermediate Financial Accounting 2
ACCT 361	Management Accounting
CACF 210	Introductory Financial Accounting
CACF 215	Introductory Managerial Accounting
CACF 310	Intermediate Financial Reporting 1
CACF 325	Intermediate Financial Reporting 2
BUSA 364	Business Law 1
ECON 208	Microeconomic Analysis and Applications
ECON 230D (1&2)	Microeconomic Theory
ECON 209	Macroeconomic Analysis and Applications
FINE 441	Investment Management
FINE 342	Corporate Finance
FINE 442	Capital Markets and Institutions
ECON 337	Introductory Econometrics 1
FINE 443	Applied Corporate Finance
FINE 448	Financial Derivatives
MATH 324	Statistics
MGCR 211	Introduction to Financial Accounting
MGCR 222	Introduction to Organizational Behaviour
MGCR 271	Business Statistics
MGCR 341	Introduction to Finance
MGCR 352	Principles of Marketing
MGSC 372	Advanced Business Statistics
MATH 423	Applied Regression

MGSC 372: Advanced Business Statistics

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