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STAT 371Applied Linear Models and Process Improvement for Business

Units
0.50
Faculty
Mathematics
Subject
Statistics

When it runs

  1. F24
  2. W25
  3. S25
  4. F25
  5. W26
  6. S26
  7. F26
  8. W27
  9. S27

Ran in 7 of the last 7 terms. Winter 2027: scheduled, 2 lecture sections. Spring 2027: schedule not out yet.

Practical and theoretical aspects of simple and multiple linear regression models. Model building, fitting, and assessment. Process thinking and improvement. Strategies for variation reduction such as control charting. Process monitoring, control, and adjustment. Applications to problems in business.

Prerequisites

Antirequisites

  • Not completed nor concurrently enrolled in any of the following:
    • STAT321 - Regression and Forecasting (Non-Specialist Level) (0.50)
    • STAT331 - Applied Linear Models (0.50)
    • STAT373 - Regression and Forecasting Methods in Finance (0.50)
    • STAT374 - Quantitative Foundations for Finance (0.50)

Leads to

Fall 2026 sections

Enrolment from UW Open Data, which can trail Quest by up to two days. Instructors and rooms: Schedule of Classes.
SectionClassEnrolledMeets
LEC 001610955 / 150TTh 13:00–14:20
TUT 101666955 / 150F 15:30–16:20

Winter 2027 sections

Enrolment from UW Open Data, which can trail Quest by up to two days. Instructors and rooms: Schedule of Classes.
SectionClassEnrolledMeets
LEC 00158230 / 100TTh 11:30–12:50
LEC 701229954 / 9999Online or by arrangement
TUT 10178100 / 100Jan 15 13:30–14:20
Jan 29 13:30–14:20
Feb 12 13:30–14:20
Feb 26 13:30–14:20
Mar 12 13:30–14:20
Mar 26 13:30–14:20
Apr 9 13:30–14:20

Reviewed on UW Flow

65% liked it45% easy85% useful

From 51 ratings and 17 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.

  • Content itself was not that difficult, however Prof. Metzger's tests make this course an absolute nightmare that I wouldn't wish on anyone with anything better to do than grind STAT371 all day.

    Nov 2025 · didn’t like it · 3 found this helpfulOn UW FlowRemove this

  • Difficult, but it's very useful to know how to remove redundant variables.

    Sep 2026 · liked itOn UW FlowRemove this

  • Riley Metzger's grading scheme can give you a very high mark. Only study hard for the 3 term tests which are worth 60%, and rest 40% is basically free.

    Aug 2026 · liked itOn UW FlowRemove this

  • Content not too difficult but consistently explained in such a convoluted manner that it becomes confusing for no reason

    Apr 2026 · didn’t like itOn UW FlowRemove this

  • Shrimple

    Apr 2025 · liked itOn UW FlowRemove this

Discussed on r/uwaterloo

134 posts and comments in 109 threads mention STAT 371, October 2012 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.

Fall 2024

Easy course for last term 1 point, 1 comment

“I need to take one last upper-year (300-400 level) math course next term. Any suggestions for an easy course? I'm done with CS 338, CS 330, CS 431, STAT 337. …”

u/jjjjskkkkan: “I’m taking stat371 right now and it’s fairly straightforward and not too much time commitment”

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Spring 2024

Flight delayed 4 hours, AMA 31 points, 38 comments

u/Asleep-Efficiency135: “How do you like your program? I am in coming first year”

u/SoopaChris: “… that u can script in python pretty well (choose to do python instead of R when taking stat 371), and know enough about finance that u can pass the cfa exams, which means ur knowledge base is better than any business school kids in Canada (Ivey, rotman etc) however, network is …”

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Winter 2024

Prerequisite Override 1 point, 1 comment

u/Comfortable_Degree16: “Has anyone gotten a prerequisite override for Stat 231 in order to take Stat 371? I know Riley never approve requisite override. Is there any way I could bypass him and override in Stat 371. I need to take it next term to graduate on time”

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Fall 2023

Stat 371 1 point, 1 comment

u/Individual_Airport_8: “Anybody who have done stat 371 with mathias schoulau before. any tips how to succeed in the class? Also if you could share some study materials, links, website to better understand stat 371.”

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Check it elsewhere for Fall 2026

Calendar versions

Undergraduate Calendar