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Module - Business Statistics

The document outlines a course on business statistics at The Superior University, Lahore, covering topics such as data presentation, measures of central tendency and dispersion, probability, sampling distributions, and index numbers through 32 lectures over 15 weeks, with the goal of helping students understand and apply statistical concepts and techniques to collect, analyze, and communicate data. The course assessments include assignments, quizzes, a midterm exam, final project/presentation, and final exam.

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Muhammad Shabahat Ahmad
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45 views

Module - Business Statistics

The document outlines a course on business statistics at The Superior University, Lahore, covering topics such as data presentation, measures of central tendency and dispersion, probability, sampling distributions, and index numbers through 32 lectures over 15 weeks, with the goal of helping students understand and apply statistical concepts and techniques to collect, analyze, and communicate data. The course assessments include assignments, quizzes, a midterm exam, final project/presentation, and final exam.

Uploaded by

Muhammad Shabahat Ahmad
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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The Superior University, Lahore

Faculty of Commerce and Economics


Course Outline
Course Course Title Business Statistics
Information Course ID Course Type
Credit hours 3 Hours per week (C-L) 3-0
Programs ADP-AF Preferred Semester 1
Date Version 1.0
Instructor Dr. Saif Ur Rahman TA / Lab Engineer NA
Course This course deals with statistical concepts, such as data presentation, graphs, measures of central
Description tendency and dispersion, correlation, and index numbers.
Course By the end of the course, students will be able to collect, present and analyze the data. More
Objectives specifically, the course will equip students to:
No. Objective Relation with
Program
Objectives
1. Understand techniques of data collection and data presentation PO1,PO2
2. Analyze data by using statistical techniques PO3,PO4
3. Communicate the results of statistical work, and more PO5
specifically write up the results of statistical analysis in a report
consisting of a non-technical abstract for decision makers, so that
they can improve their decisions.
4.
5.

Course Upon successful completion of the course, the student will:


Learning No. Outcome Relation with
Outcomes SLO/PLO
(CLO) 1. UNDERSTAND and be able to CALCULATE basic statistical PLO1, PLO2
concepts(tabular and graphic representation of data, measures
of central tendency, dispersion and asymmetry, correlation)
2. 0 APPLY knowledge to SOLVE simple tasks using computer PLO3, PLO4
software, such as MS Excel, SPSS.
3. Based on the acquired knowledge to INTERPRET the meaning of PLO5
the calculated statistical results
4.
5.

Lecture type Lectures  In Class Activities  Written Assignments


Prerequisites NA
Follow up NA
Courses

Course
Software
or Tool
Textbook Title Edition Authors Publisher Year ISBN
Statistics for (latest Anderson, Sweeney and
Business and editio Williams,

Page 1 of 3
Economics, South- n)
Western, Cengage
Learning.

References Statistics 8th Shar M. Chahudary

Assessment Assessment Weight Used to attain CLO Assessment Weight Used to attain CLO
Criteria Assignment 10% Quiz 0%
(100%) Quiz 0% Project / Presentation 30%
Attendance 0% Participation 0%
Mid Term 20% Final 40%
Methods of
Evaluation
Notes

Week Topic Lecture Lecture Contents Relation with


No. No. CLO
W1. Statistics and L1. The Science of Statistics and its importance 1
Statistical Thinking

L2. Fundamental Elements of Statistics 1,2

W3. Organizing Data L3. Data Collection Methods 1,2

L4. Presentation of data through classification & 1,2,3


tabulation
W5. Presentation of L5. Presentation of data through diagrams and graphs 1,2,3,
data L6. Presentation of data through diagrams and graphs 1,2,3
W7. Measures of L7. Mean, G.M & H.M 1,2,3
Location

L8. Mean, G.M & H.M 1,2,3,9


W9. Measure of Dispersion L9. Median, Mode,Geometric Mean, Qartiles, Deciles & 1,2,3,9
Percentiles

L10. Absloute & Relative measure of dispersion: Range, 1,2,3,9


Mean Deviation, Q.D & S.D

W11. Skewness L11. Skewness & Kutosis 3,4


L12. Skewness & Kutosis 3,4
W13. Index Number L13. Unweighted Index No 5

L14. Unweighted Index No 5

W15. Exam Week L15.


L16. Mid Term
W17. Time Series L17. Components of Time Series 4,
Analysis: L18. Deseasonalization of Data 4
W19. Probability L19. Probability, Equally likely. Exhaustive, 4
L20. Mutually Exclusive, Rules of Probability 4
W21. Binomial L21. Binomial Distribution 3,4
Distribution L22. Binomial Distribution 3,4
W23. Normally L23. Introducing Normally Distributed Variables 6
Distribution L24. Areas under the Standard Normal Curve 6
W25. Sampling Distribution L25. Basic Concepts 6
L26. Sampling distribution with replacement 6
W27. L27. Sampling distribution without replacement 8
L28. // 8
W29. Revision L29. Revision 7
L30. Revision 7
W31. Revision L31 L32 Final term project/presentation
W32. Final term exam

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