BMGT21: BUSINESS STATISTICS

1ST SEMESTER, AY 2019-2020

A. Course Description
i. Course Code: BMGT21
ii. Course Title: Business Statistics
iii. Course Description: This course deals with statistical concepts,
principles, and methods of data collection, organization, presentation, analysis
and interpretation of both qualitative and quantitative data.
iv. Prerequisite/s (if any): None
v. Course Credit: Lecture (2 units) and Laboratory (1 units)
B. Course Goal: For students to be able to understand the statistical concepts,
principles and methods.
C. Course Outline
1. Course Outcome
At the end of the semester, with 70% proficiency, the students should be able to:
a. Understand the basic statistical concepts, principles and methods by applying
them in data organization and presentation;
b. Demonstrate the competence by using the appropriate tools needed in
answering selected types of research problems;
c. Evaluate the appropriateness of their decisions in statistical analysis by
identifying their probable results or consequences;
d. Demonstrate the competence in handling any data by performing
simple statistical analysis on selected types of research problems ; and
e. Develop appreciation of the values for effective learning as reflected in the
performance of the learner.
2. Course Content

ASSESSMENT NO. OF
WEEK TOPICS
TOOLS HOURS
I. Introduction
A. Class Introduction
1.1. Mission, goals and
objectives
1.2 Classroom policies
Quiz 1 and
1-2 1.3 Overview of the Course. 4
Quiz 2
B. Introduction to Statistics
1.1 Definition, Natures and Importance of
Statistics
1.2 Definition of Some Statistical Terms
1.3 Levels of Measurement
II. Method of Data Collection and
Presentation
2.1 Methods of Data Collection Quiz 3 and
2.2 Sampling Seatwork 1
3-4 4
2.2.1 Concept of Sampling (Methods of Data
2.2.2 Probability & Non-Probability Presentation)
Sampling
2.3 Methods of Data Presentation

Department of Biological and Physical Sciences, CVSU-Imus. pg. 1

 BMGT21: BUSINESS STATISTICS
1ST SEMESTER, AY 2019-2020

Seatwork 2
III. Measures of Central Tendency, (Summation)
Location, Dispersion and Skewness
3.1 Summation Notation Seatwork 3
3.2 Measures of Central Tendency ( Measure of
3.2.1 Mean Central
3.2.2 Median Tendency)
3.2.3 Mode
5-7 3.3 Measures of Location Seatwork 4 6
3.3.1 Percentile (Measure of
3.3.2 Decile Location)
3.3.3 Quartile
3.4 Measures of Dispersion Seatwork 5
3.4.1 Absolute Dispersion (Measure of
3.4.2 Relative Dispersion Dispersion)
3.5 Measures of Skewness
Problem Set 1
8 (Oct 2) MIDTERM EXAM 2
IV. Probability and Probability Distribution
4.1 Probability
4.1.1 Random Experiment, Sample
Space, Events Quiz 4 and
4.1.2 Methods of Counting Seatwork 6
9-11 6
4.1.3 Some Rules on Probability (Methods of
4.2 Probability Distribution Counting)
4.2.1 Concept of a Random Variable
4.2.2 Binomial Distribution
4.2.3 Poisson Distribution

V. The Normal Distribution & Estimation

5.1 The Normal Distribution
5.1.1 The Normal Curve
Seatwork 7
5.1.2 Areas Under the Curve
12-13 (Normal 4
5.1.3 Applications
Distribution)
5.2 Estimation
5.2.1 Basic Concept of Estimation
5.2.2 Point Estimation of the Mean

VI. Test of Hypothesis

Seatwork 8
6.1 T-test
(Hypothesis
14-15 6.2 Z- test 4
Testing)
6.3 ANOVA (Analysis of Variance)
Problem Set 2
6.4 Chi-square test

16 (Nov 25-
Project Presentation
Nov29)
17 (Dec 4) Final Exam 2

Department of Biological and Physical Sciences, CVSU-Imus. pg. 2

 BMGT21: BUSINESS STATISTICS
1ST SEMESTER, AY 2019-2020

3. Course Requirements
2 Lecture Exams, Lecture Quizzes and Seatwork and Course Activity (project)
4. References

Spiegel M.R., Schiller J., and Alu Srinivasan R. (2001). Probability and Statistics. New
York: The McGraw-HIll Companies, Inc.

5. Grading System
Laboratory (40%)
Lecture (60%)

2 Long Exams ….. 50%

Quizzes/Seatworks ….. 25%

2 Problem Sets ….. 10%

Project ….. 10%

Attendance ….. 5%

100%

The final grade will determined as shown on the table below:

Score Grade Score Grade

95-100 1.0 68-71 2.5
90-94 1.25 64-67 2.75
85-89 1.5 60-63 3.0
80-84 1.75 55-59 4.0
76-79 2.0 <55 5.0
72-75 2.25

Department of Biological and Physical Sciences, CVSU-Imus. pg. 3