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Jun 22, 2024
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BUS 216 - Probability and Statistics for Business and Economics
(3 credits) This course introduces methods of probability assessment and statistical inference. Includes data collection and presentation; descriptive statistics; basic probability concepts; discrete and continuous probability distributions; decision theory; sampling and estimation; and hypothesis testing. Emphasizes business and economic applications. Utilizes computer software as a tool for problem solving.
Prerequisite(s): ITE 115 or ITE 119 and MTH 154 or MTH 161
Lecture: 3 hours per week
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