ECO 203 STATISTICS FOR DECISION MAKING

Applications of statistics to create knowledge useful for decision making. Bayesian probability, hypothesis testing, process and quality control and multivariate statistics, including multiple linear regression and forecasting are among the topics covered. A standard spreadsheet program will be used for most applications and oral and written presentation of statistical results will be required.

Credits

4 sh

Prerequisite

Completion of the first-year core math requirement

Offered

Offered fall, spring and summer.