ECON 209 - Probability and Statistics

Semester Offered: Fall and Spring
1 unit(s)

This course is an introduction to statistical analysis and its application in economics. The objective is to provide a solid, practical, and intuitive understanding of statistical analysis with emphasis on estimation, hypothesis testing, and linear regression. Additional topics include descriptive statistics, probability theory, random variables, sampling theory, statistical distributions, and an introduction to violations of the classical assumptions underlying the least-squares model. Students are introduced to the use of computers in statistical analysis. The department.

Prerequisite(s): ECON 100 or ECON 101 or ECON 102 or permission of the instructor.

NRO for Seniors Only. Courses numbered 200 and above are not open to freshmen in their first semester.