Park University’s online Advanced Statistics course EC315 is required of all Park Economics students and is the second statistics course in the undergraduate program and is also required of MBA students. EC315 also goes by the name Quantitative Research Methods and focuses on hypothesis testing and multiple linear and non-linear regression—with multiple regression constituting about half of the course – plus the course project. Students are required to find a suitable project and data sets for multiple regression (usually on the internet) perform the analyses and interpretations and submit a final paper with their results. Students are given a choice of using either Excel’s Data Analysis ToolPak or Minitab which comes with the textbook as Minitab 14 Student edition. Minitab provides a full set of analysis outputs within the regression tool to allow the researcher to evaluate regression equations and determine which independent variables provide the best predictors of the dependent variable.
