STS - Statistics (STS)

STS 2003 Business Statistics (2-2-3)

Develops the ability to assess and critically interpret statistics and business information and apply them in changing business environments. Develops a clear theoretical understanding of various analytical tools, including descriptive statistics; probability; confidence intervals, and hypothesis testing; and an appreciation of the application of analytical tools to business decision contexts. These skills and competencies provide a foundation for professional practice and further study in the major's degree.

Prerequisites: LSM 1003

STS 3113 Advanced Statistical Models (2-2-3)

Develops student's ability to assess and critically interpret statistics and business information and apply them in changing business environments. Develops a clear theoretical understanding of advanced analytical tools including advanced hypothesis testing, ANOVA, correlation, regression and time series analysis, applications of advanced non-parametric models, and statistical process control.

Prerequisites: STS 2003