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Dec 21, 2024
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BUS 216 Probability and Statistics for Business and Economics 3 credit(s) Prerequisite(s): MTH 161 Students should determine requirement of 4-year transfer institution prior to selection.
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. Lecture 3 hours per week.
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