Prerequisite: MATH113 or MATH115 or placement in MATH220 or higher. Not open to students who have completed BMGT231, ENEE324, or STAT400. Credit will be granted for only one of the following: AREC484, BIOM301, BMGT230, CNEC400, ECON321, EDMS451, GEOG305, GV PT 422, PSYC 200, SOCY 201, URSP 350, or TEXT 400. Introductory course in probabilistic and statistical concepts including descriptive statistics, set-theoretic development of probability, the properties of discrete and continuous random variables, sampling theory, estimation, hypothesis testing, regression and decision theory and the application of these concepts to problem solving in business and the application of these concepts to problem solving in business and management. This course does not meet requirements for management science and statistics majors.

Studies statistical applications used in Business and Economic studies. Topics include the organization and presentation of Business and Economic data and application of commonly used descriptive, correlation and inferential statistical procedures related to Business and Economic research. The course introduces students to database management software, and use the software to retrieve Business and Economics data from various sources, tabulate or graphically present data, and conduct descriptive and inferential statistical analysis.