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Mar 20, 2025
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2025-2026 College Catalog
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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.
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