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STAT 2260: Introduction to Business Statistics I

Credits: 3. Contact Hours: Lecture 3.

Prereq: MATH 1500 or MATH 1650
Obtaining, organizing, and presenting statistical data; measures of location and dispersion; the Normal distribution; sampling and sampling distribution of the sample mean; elements of statistical inference; confidence intervals and hypothesis testing for the mean; describing bivariate relationships and inference for simple linear regression analysis; use of computers to visualize and analyze data. Graduation Restriction: Credit for only one of the following courses may be applied toward graduation: STAT 1010, STAT 1040, STAT 1050, STAT 2010, or STAT 2260. (Typically Offered: Fall, Spring, Summer)

The curriculum in liberal arts and sciences with a major in statistics is designed to prepare students for (1) statistics positions in business, industry or commerce, nonprofit institutions, and in state or federal government; and (2) graduate study in statistics. Positions include the following types of work: statistical design, data visualization, analysis and interpretation of experiments and surveys; data processing and analysis using modern computation facilities and statistical computing systems; application of statistical principles and methods in commercial areas such as finance, insurance, industrial research, technology, marketing, manufacturing, sports analytics, quality control, and nonprofit organizations, such as institutions involved in health care or medical research.