STS 215 - Introduction to Statistics for Business and Economics

For students in the Maine Business School and for others concentrating in business or economics. A limited introduction to probability theory leading to discussion of distributions of random variables, in particular the normal and binomial families; a brief treatment of descriptive methods; an introduction to inferential statistics, including one- and two-sample procedures for estimation of parameters and for hypothesis testing; fundamentals of regression analysis or contingency table analysis or contingency table analysis as time permits. NOTE: because of overlap, STS 232 and STS 215 cannot both be taken for degree credit.

General Education Requirements: Quantitative Literacy

Course Typically Offered: Fall, Spring, Summer

Credits: 3