Introductory course to develop understanding of statistical concepts used in applied economics. Students will acquire skills needed to calculate and interpret statistical concepts, including descriptive statistics, probability, discrete and continuous distributions, sampling, point and interval estimations, hypothesis testing, basic analysis of variance, and simple linear regression models. Students will apply these concepts to data using both handheld calculators and spreadsheets(Excel), and students will be introduced to an econometric software package such as SPSS or SAS or R.
ECON230: Applied Economic Statistics
Must have math eligibility of MATH111 or higher; or minimum grade of C- in MATH110. And minimum grade of C- in ECON200 and ECON201. Recommended: Students should already have basic familiarity with Microsoft Excel or similar spreadsheet software. Restriction: Must be in Economics program. Credit only granted for: BIOM301, BMGT230, CCJS200, ECON230, ECON321, EDMS451, GEOG306, GVPT422, PSYC200 or SOCY201.
Grading Method: Regular