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This course introduces students to the fundamental concepts of statistics and trains them to apply the basic methods and techniques of statistical analysis in business and economics problems. It covers basic concepts, sources and methods of data collection, tabular and graphical presentation of data, descriptive statistics, introduction to probability and probability distributions, sampling distributions, statistical estimation, hypotheses testing, analysis of variance, chi-square test of independence, and correlation and regression analysis.
Learning OutcomesAt the end of the course, students will be able to :
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