The ECON 11 Statistics for Business and Economics course introduces students to forecasting techniques, probability techniques, and hypothesis testing to facilitate decision making. In this course students will focus on additional and more statistical results from economics and business. In this course, students will be taught about life sciences, business, education, social sciences, health sciences and applications using data. In this course, students are introduced to the statistical results studied to solve economic problems and contemporary business problems. In this course, students will study about some topics like correlation and linear regression, probability and sampling distribution, relevance of statistical findings, statistical inference, analysis of chi-square and t-test, statistical analysis and variance.

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