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PLAN-606B Statistics: Fundamentals

2 Credits

Covers fundamental concepts and methods in inferential statistics and basic economics most widely used by urban planning professionals. In the first half of the semester, students cover such statistical techniques as elementary probability theory, decision-tree analysis, measures of central tendency and dispersion, hypothesis testing and various correlation techniques. Topics covered in economics include concepts of supply and demand, microeconomics and discounting costs and benefits over time. The course provides necessary preparation for later courses in demographics and public finance.