Course Description
Course Description and Objectives:This course studies basic statistical concepts and their applications. Major topics include:
descriptive statistics; probability distributions; sampling; estimation; hypothesis testing;
regression and correlation analysis. Students should have knowledge of elementary
differential and integral calculus and are advised to take ECON1111 before taking this
course.
Upon successful completion of this course, students should demonstrate their mastery of the
basic knowledge of statistical concepts and techniques, develop their statistical thinking and
reasoning skills, and feel comfortable in applying the statistical techniques and thinking in
analyzing data. Moreover, students will have practical experience in using Excel and R for
statistical analysis.
Textbook: CTE Statistics for Business & Economics with Aplia, 12th Edition, by David R.
Anderson; Dennis J. Sweeney; Thomas A. Williams; Jeffrey D. Camm; James J. Cochran.
Cengage Learning.
CUHK
ECON2121 Methods of Economic Statistics