This course introduces the application of statistics in the business workplace. It emphasizes the understanding of the underlying mathematical concepts of statistical tools, as well as their application to support managerial decision making. Topics include descriptive statistics, probability, probability distributions, statistical estimation, hypothesis testing of proportions, means and variances of populations, analysis of variance, and regression. Credits: 3cr. Methods of teaching: Lectures Pre-requisites: MATH 1000 level (excluding MATH 1911 and MATH 1912) Students may not retain credit for both STAT 2066 and STAT 1056, COMM 1056, STAT 2606, STAT 2126 and STAT 2246.