Explain the use of data collection and statistics as tools to reach reasonable conclusions.
Recognize, examine and interpret the basic principles of describing and presenting data.
Compute and interpret empirical and theoretical probabilities using the rules of probabilities and combinatorics.
Explain the role of probability in statistics.
Examine, analyze and compare various sampling distributions for both discrete and continuous random variables.
Describe and compute confidence intervals.
Solve linear regression and correlation problems.
Perform hypothesis testing using statistical methods.
Apply the Central Limit Theorem to the sampling process.