This is an introduction to the basic statistical concepts applied to economic and business problems. Topics include: tabular, graphical, and numerical methods for descriptive statistics; measures of central tendency, dispersion, and association for sets of data; probability; discrete and continuous probability distributions; sampling and sampling distributions; an introduction to confidence intervals. The solution of problems using spreadsheets is integral and mandatory for this course.
Prerequisites
MA 101 or a semester high school pre-calculus or trigonometry, or placement test.