This course will introduce statistics to the beginner, covering measures of central tendency, dispersion, probability theory and inferential statistics.
The method of Ordinary Least Squares will be discussed as will the notion of correlation. The theory of probability will be developed including: conditional probability and mutually exclusive events. Discrete and continuous probability distributions will also be investigated and applied to real world problems. Inferential statistics will also be introduced calculating 95% and 99% confidence intervals and performing hypothesis tests. The chi squared distribution will also be applied to contingency tables and to goodness of fit models.