2023-2024 Catalog

STATS-250 Applied Statistics

Application of statistical analysis to real-world business and economic problems. Topics include data presentation, descriptive statistics including measures of location and dispersion, introduction to probability, discrete and continuous random variables, probability distributions including binomial and normal distributions, sampling and sampling distributions, statistical inference including estimation and hypothesis testing, simple and multiple regression analysis. The use of computers is emphasized throughout the course. Normally offered each semester.

Credits

4

Prerequisite

MATH-128 or higher. REMINDER: STATS-250 satisfies the pre-requisite for MKT-220, FIN-200, ISOM-201 (pre-req for ISOM-319), ISOM-230 (pre-req for ISOM-330), ISOM-231, and ISOM-330.

Core Curriculum

  • Quantitative Reasoning