Economics 339
Course Number and Title: Economics 339 - Applied Statistical Analysis
Catalog Description: The application of statistical and quantitative methods. Prerequisite: MTH 220
Learning Objectives: Students successfully completing this course should be able to:
1. Use quantitative, abstract, and logical reasoning
2. Obtain basic knowledge in mathematics and statistics
3. Acquire skills in the use of contemporary information resources and technology
4. Utilize analytical thinking, critical analysis, logic, creativity, and integrative problem solving
5. Work with descriptive statistics in a sampling situation
6. Perform a variety of statistical tests and make inferences
7. Compute and interpret regression equations using raw data
8. Use standard tables for the normal distribution, f-distribution and chi-square distribution
Specific Topics:
Required:
- Descriptive statistics
- Statistical sampling, interval estimates and hypothesis testing
- Analysis of variance
- Regression and correlation, simple and multiple linear
- Time series analysis and index number construction
Optional:
- Non-parametric hypothesis testing
- Statistical quality control techniques
Current Textbook: Weiers, Ronald, Introduction to Business Statistics, Sixth Edition, Thomson Learning, 2007
Evaluation: A minimum of three tests will be given periodically over the required material and any optional material to measure the proficiency of the student in problem solving and conceptual understanding.
Curriculum Coordinator: TBA