ECON 205 - Business and Economic Statistics

Credit(s): 3
Lecture: 3
Non-Lecture: 0
A survey of the basic statistical tools used in management decision-making and data analysis. Major topics include data organization and presentation, a review of probability concepts, sampling and sampling distributions, statistical estimation and hypothesis testing, and correlation and regression analysis. The course also emphasizes applications of statistical techniques, the use of computerized statistical packages and ethical issues in statistical analysis. (Students may not receive credit for more than one 200-level statistics course, including credit for more than one of the following courses: BIOL 250, ECON 205, GEOG 278, MATH 242, MATH 262, PLSC 251, PSYC 250, and SOCL 211.)