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.
- BUS-2819Corporate Finance I
- ECON-2204Introduction to Data Analysis for Economics and Finance
- ECON-2819Corporate Finance I
- ECON-3201Econometrics for Economics and Finance
- MATH-2413Introduction to Mathematical Finance
- STAT-1302Statistical Analysis II
- STAT-2001Elementary Biological Statistics II
- STAT-2413Introduction to Mathematical Finance
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.
From the 2026-27 undergraduate calendar. Always verify details on WebAdvisor or with an academic advisor before registering.