If you're aiming for highly selective colleges and universities, most admission officials consider calculus to be more challenging than statistics and thus look upon it somewhat more favorably. However, if you'd be taking stats at the AP level and calculus at the regular or college-prep level, we'd vote for the AP class. You'll probably find the stats to be a better bet for a business major, too, although in many business programs--especially the more elite ones--you will be expected to take both stats and calc.
Overall, this is a close one, so, if other concerns intervene (e.g., scheduling conflicts, teacher preferences), you can't go wrong with either.
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