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OPREĀ 207. Statistics for Business and Management Science I. 3 Units.

Organizing and summarizing data. Mean, variance, moments. Elementary probability, conditional probability. Commonly encountered distributions including binomial. Poisson, uniform, exponential, normal distributions. Central limit theorem. Sample quantities, empirical distributions. Reference distributions (chi-square, z-, t-, F-distributions). Point and interval estimation: hypothesis tests. Prereq: MATH 121 or MATH 125.