### ECO_224 STATISTICS FOR ECONOMICS II

Students are further introduced to the basic concept of probability theory, probability distribution and inferential statistics. Topics include computation of expectation, the normal distribution, student’s t and chi-square and f distribution. Topics in inferential statistics include estimations and their properties, confidence interval and hypothesis testing, plus elementary regression. The logic of hypothesis testing. Tests of significance for nominal, ordinal level, interval and ratio level, measures of association for nominal, ordinal, interval and ratio levels. Simple regression, index number, unit normal distribution

Level of Study: 200 Level