BA2103: Business & Economic Statistics

This course will introduce students to many of the important concepts and procedures needed to interpret uses of statistics in the media, at home or at work and to use data to make decisions. The emphasis will be on performing statistical procedures and interpreting the results to draw conclusions. The course covers methods of descriptive statistics, probability theory, and inferential statistics, including confidence intervals, hypothesis testing, and linear regression. Examples and problems will include applications from business and economics and introduce time series and index numbers. For each unit of credit, a minimum of three hours per week with one of the hours for class and two hours for studying/preparation outside of class is expected.