STAT 1021: Introduction to Statistics

Abstract

Prerequisite: One semester of college-level algebra¶ STA 1021 introduces students an introductory level of probability and statistical analysis. In comparison to general statistics courses, the course is intended to cover topics more relevant to the areas of economic science. The emphasis in the course will be also on hands-on experience of using course material to analyze real world data. In particular, developing skills essential to empirical analysis of various data should be the main goal of the course.¶ The specific topics of the course include: basic probability concepts, discrete and continuous random variables, probability distributions, joint probability distributions, point estimation, confidence intervals based on a single sample, confidence intervals based on multiple samples and hypothesis testing.¶ Due to the ongoing Covid-19 situation, there could be occasional online lectures through Zoom. If that happens, an announcement will be made prior to the lectures. There will be occasional homework assignments throughout the course. The assignments will NOT be graded. Instead, they will be used for exams. There will be one mid-term exam and a final. The date and time for the exams will be announced when available. There will be NO make-up exams in this class. If you miss the mid-term with some valid excuse, its weight will be shifted to the final exam. The relative weighting is: attendance 10%, mid-term 40% and final 50%.