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Course Description

An introduction to basic statistical techniques that are used in economic analysis. Major topics include probability, discrete random variables, continuous random variables, sampling distributions, estimation, and hypothesis testing. The course will conclude with some theory and applications of the linear regression model. Required of all economics majors. Prerequisites: Economics 0005 Principles of Economics or Economics 0008 Principles of Economics with Environmental Applications; and Mathematics 0032 Calculus I (or similar courses).