BQ 571 . Statistical Analysis (3)

Students learn analytical tools involving combinatorics, probability, random variables, discrete and continuous distributions, generating functions, moments, special distributions, multivariate distributions, independence, distributions of functions of random variables, transformations, sampling distributions, limiting distributions, point estimation, interval estimation, hypothesis testing, likelihood ratio tests, analysis of variance, reliability, validity, correlation, regression, and chi-square tests. Analytical methods are explored from the perspective of rendering business decisions.