ECONOMICS INTERNSHIP

Catalog description

The internship is a curricular -related opportunity that allows students to earn between one and four credits while gaining valuable professional experience in public and private institutions engaged in the work of economics. Students may not receive retroactive credit for an internship they have already begun or completed. Interns will work a set number of hours over the course of the semester on a schedule approved by the internship supervisor and faculty director. (Variable credit) STAT 230 APPLIED STATISTICS This course covers the basics of descriptive and inferential statistics, as well as data production, analysis, and acquisitio n. The course requires active use of a statistical package and extended and rigorous application of statistics to the analysis o f a real-world problem with actual data. Descriptive statistics topics include data types, basic univariate graphs, histograms, outliers; measures of center and spread, density curves and the Normal distribution; scatterplots, correlation, and simple regression. Inferential topics include the basics of probability, sampling distributions and the central limit theorem; confidence intervals, one -sample and two -sample tests of significance and the P -value; inference in simple and multiple linear regression; heteroskedasticity, multicollinearity, non-linearity and data transformations. Optional topics may include analysis of two-way tables and analysis of variance. Prerequisite: MATH 110 or MATH 150 with a minimum grade of C.