3.00 Credits
Prerequisite(s): MAT 1030 or 1035, MATH 1050 or 1055, or STAT 1040 or 1045. Presents an application of statistics in business and economics within the context of an aviation-related business. Topics include methods of collecting, analyzing, and presenting data, descriptive statistics, populations and samples, measures of central tendency and dispersion, elementary probability, binomial and normal distributions and their interrelationship, frequency distributions, averages, index numbers, probability, sampling, estimation, analysis of variance, time series, regression and correlation, and chi-square.