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May 25, 2024
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# ECN 232 - Business Statistical Analysis

ECN 2201
Description: Survey of standard tools of statistical analysis. Topics include descriptive measures, probability, discrete probability distributions, continuous probability distributions, confidence intervals, hypothesis testing, and regression analysis.

Prerequisites: MAT 141 or higher, or a satisfactory score on the mathematics skills assessment.

Credits: 3
Lecture: 3
Lab: 0

Course Content:
1. Descriptive measures
2. Probability
3. Discrete data analysis
4. Continuous data analysis
5. Prediction intervals
6. Hypothesis testing (One population)
7. Hypothesis testing (Two populations)
8. Regression Analysis

Learning Outcomes:
1. Calculate and interpret parametric and statistical descriptive measures of centrality and dispersion. (1)
2. Apply rules of probability to statistical problems in business. (2)
3. Use discrete probability distributions to solve statistical problems in business. (3)
4. Use continuous probability distributions to solve statistical problems in business. (4)
5. Use statistical methods to construct and interpret confidence intervals. (5)
6. Construct and test a hypothesis using data from a single population. (6)
7. Construct and test a hypothesis using data from two populations. (7)
8. Construct a regression model and interpret computer output of the model. (8)