Nov 21, 2024  
2024 - 2025 Catalog 
  
2024 - 2025 Catalog

BUS 216 - Probability and Statistics for Business and Economics


Credits: 3
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: MTH 161  or higher.

Lecture 3 hours.