|
|
Aug 14, 2024
|
|
ECON 261 - Principles of Statistics I Credits: 3 Description Introduction to descriptive statistics, probability and expectations, theoretical distributions, hypothesis testing and regression analysis. The emphasis is on use, application, and interpretation of statistical techniques.
Student Learning Outcomes
- Explain and interpret the difference between descriptive and inferential statistics.
- Summarize statistical data by developing a set of descriptive statistical measures.
- Differentiate between discrete and continuous random variables, and understand how each is characterized and implemented differently.
- Understand elementary probability models and numerically apply them to problems.
- Define and explain the notion and forms of sampling distribution.
- Formulate, conduct, and evaluate tests of hypotheses.
- Calculate and interpret various forms of confidence intervals.
- Formulate and interpret the simple regression model.
Prerequisite: MATH 124 or MATH 124E Corequisite: None Graded: Letter Grade
Add to Portfolio (opens a new window)
|
|
|