ECON 405 - Introduction to Statistics
Section: 001
Term: FA 2013
Subject: Economics (ECON)
Department: LSA Economics
Requirements & Distribution:
BS, QR/1
Credit Exclusions:
No credit granted to those who have completed or are enrolled in IOE 265, or STATS 280, 400, or 412. Students with credit for ECON 404 can only elect ECON 405 for 2 credits and must have permission of instructor.
Enforced Prerequisites:
MATH 116 with a grade of C- or better.
Advisory Prerequisites:
Juniors and Seniors may elect ECON 405 concurrently with ECON 101 or 102.
This course counts toward the 60 credits of math/science required for a Bachelor of Science degree.
May not be repeated for credit.
Primary Instructor:

STATS 405 / ECON 405 is a very accelerated introduction to mathematical statistics that requires complete fluency with advanced differential calculus. The purpose of the course is to provide students with a deep theoretical understanding of the foundations of statistical inference. Topics include probability theory, experimental and theoretical derivation of sampling distributions, hypothesis testing, and properties of estimators including maximum likelihood and method of moments. In practice most students enrolling in STATS 405 / ECON 405 have experience in advanced calculus beyond the required MATH 116, are typically planning to enroll subsequently in STATS 406 / ECON 406, and often are considering graduate study in economics or statistics. Students looking for a general, less mathematical treatment are urged to consider instead STATS 404 / ECON 404, which covers the same material.

ECON 405 - Introduction to Statistics
Schedule Listing
001 (LEC)
002 (DIS)
003 (DIS)
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.

ISBN: 0321693949
An introduction to mathematical statistics and its applications, Author: Richard J. Larsen, Morris L. Marx., Publisher: Prentice Hall 5th ed.
ISBN: 0321694023
Student solutions manual [to] An introduction to mathematical statistics and its applications, Author: Richard J. Larsen, Morris L. Marx., Publisher: Prentice Hall 5th ed.
ISBN: 0062731025
The cartoon guide to statistics, Author: Larry Gonick & Woollcott Smith ; [illustrations by Larry Gonick]., Publisher: Collins Reference 1st Collin 2005
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