Actuaries and Business Statistics

STAT 214 - Actuaries and Business Statistics (3-2-4)

Descriptive Statistics: Graphical and numerical measures. Elementary Probability theory; sampling techniques; probability distributions; estimation; hypothesis testing for means and variances; index number and introductory time series analyses; simple linear regression and correlation analysis; multiple regression analysis; the chi-squared and F distributions and their applications; application for financial decisions; application using statistical packages. It cannot be taken for credit with any of STAT 201, STAT 211, STAT212, or STAT 319.

Pre-requisites: MATH102 Or MATH106