STAT-14013 credit hours

Statistics I for Business and Economics

Statistics · 3 hrs Lecture

Offered: Every Year

The calendar doesn't say which term this runs in. The sections below show the terms it actually runs in this year.

STAT-1401 prerequisites

We couldn't read this course's prerequisites into a chain. The wording is under “Requisite courses” below.

Taking STAT-1401 is a prerequisite for 8 courses directly, and opens 73 once their own follow-ons are counted.

Where STAT-1401 counts

Counts toward 11 more as one option among several, not as a course you must take:

  • CHEM 4-YEAR BSc IN CHEMISTRY
  • CHEM BSc (HONOURS) IN CHEMISTRY
  • ECON 3-YEAR BA IN ECONOMICS
  • ECON 4-YEAR BA IN ECONOMICS
  • EFIN 4-YEAR BA IN ECONOMICS AND FINANCE
  • EFIN 4-YEAR BBA IN ECONOMICS AND FINANCE
  • MATH TEACHABLE MINOR IN MATHEMATICS
  • STAT 3-YEAR BA/BSc IN STATISTICS
  • STAT 4-YEAR BA/BSc IN STATISTICS
  • STAT 4-YEAR BA/BSc IN STATISTICS
  • STAT MINOR IN STATISTICS

Read from the departments' own calendar pages, where 71 of 141 programs are only partly machine-readable, so treat these as a minimum rather than the full list. Confirm with an academic advisor.

Description

This course introduces students in business and economics to statistical analysis and applications. Students learn to graph and analyze data using Excel. Topics include descriptive statistics, basic probability including counting techniques, discrete random variables and their expected values and variances, the normal probability distribution and its applications, sampling distributions, hypothesis testing and estimation of parameters.

Requisite courses

Pre-Calculus Mathematics 40S or Applied Mathematics 40S [prerequisite(s)].

Restrictions

Students may not hold credit for this course and STAT-1301 | STAT-1501.

Lecture

From the 2026-27 undergraduate calendar. Always verify details on WebAdvisor or with an academic advisor before registering.