Business and Economic Statistics
Learn the statistical methods used in business, economics, finance, and data-driven decision-making.
| Course Title | ECON 210: Introduction to Business and Economic Statistics |
|---|---|
| Pre-requisites | MATH 103 or MATH 107 or MATH 146 or MATH 165 or MATH 166. |
| Credits | 3 undergraduate credits |
| Format | Online - Self-Paced Enroll Anytime |
| Estimated time to complete | Up to 9 Months |
| Cost |
Undergraduate tuition is $432.45 per credit. Tuition does not include textbooks or other required course materials. Course materials are listed on the course webpage or syllabus. Visit the Costs & Aid page for more information. |
Why take Introduction to Business and Economic Statistics online?
Statistical analysis plays an important role in modern business decision-making. Professionals in fields such as finance, accounting, economics, supply chain management, healthcare administration, marketing, and business analytics regularly use statistical tools to evaluate trends, forecast outcomes, and interpret data.
This online course provides a general introduction to probability theory and statistical concepts typically used in business contexts and economics. Students learn how to collect, analyze, interpret, and apply data to real-world decision-making scenarios.
Topics include:
- descriptive statistics,
- probability,
- probability distributions,
- sampling distributions,
- hypothesis testing,
- analysis of variance (ANOVA),
- correlation,
- and linear regression.
You also will begin to develop an understanding of using Microsoft Excel to solve problems using real-world data. It is important to understand that this is not a class teaching Excel programming. Statistics is the subject of interest; Excel is simply a tool to help us learn the statistics and put them into practice.
This course is commonly required for undergraduate business degree programs and is a popular option for students seeking a transferrable course in a flexible online format that fits around work, school, or other commitments.
Who Should Take This Course?
This course may be a good fit for:
- business majors completing degree requirements,
- transfer students needing business statistics credit,
- students preparing for upper-level business coursework,
- learners seeking a flexible prerequisite course,
- and working professionals returning to school.
What You'll Learn
By the end of this course, students should be able to:
- interpret statistical information used in business and economics,
- analyze datasets using common statistical methods,
- understand probability and sampling concepts,
- evaluate hypothesis testing results,
- apply regression and correlation techniques,
- and use quantitative reasoning to support decision-making.
What is required to take this online course?
Lind, D. A., Marchal, W. G., & Wathen, S. A. (2024). Basic Statistics for Business and Economics (11th ed.). McGraw-Hill Education.
McGraw Hill Connect is required for this course. Please do not purchase the Connect account or any materials until you have access to the course. You will find a Connect Orientation video in the first module, which will automatically direct you to the purchase page. This will ensure that your Connect account and this Blackboard course will be linked successfully.
You will also use MS Excel in this course, which you can access through Office 365 as a UND student.
How will the course appear on my transcript?
You may enroll at any time and have up to 9 months to complete this online course.
The credits earned will be recorded on your UND transcript based on the date you registered
for the course. It will appear on your transcript in the same way as a course taken
during a regular semester. There is no indication that the course was taken online
or that you completed it at your own pace.
Consult the table on our How Enroll Anytime Courses Work page for a current listing of Enroll Anytime Registration Dates and the semester
information that will appear on a UND transcript.
Why Take Online Classes at UND?
Here are a few reasons why you should take an online enroll anytime course at UND:
- Great customer service – Our registration team is ready to answer questions quickly so you can focus on your coursework.
- Affordable – UND's enroll anytime courses are priced at North Dakota's affordable, in-state tuition rate.
- Accredited – UND is accredited by the Higher Learning Commission.
- Easily transfer credits – Transferring credits is always at the discretion of the institution to which the credits are being transferred. In general, credits from schools/universities that are regionally accredited by the Higher Learning Commission transfer to other regionally accredited institutions. UND's online courses appear on your UND transcript in the same way as other courses.
Flexible 100% Online Course
You'll take this online course at your own pace. Some students thrive in this environment, while other students may struggle with setting their own deadlines. If you have successfully taken an independent study or correspondence course previously, UND’s enroll anytime courses may be right for you. Still not sure? Take our online quiz to help determine if online enroll anytime courses are right for you.
Course information including tuition, technology requirements, textbooks, lessons and exams is subject to change without notice.
