Course Outline MTS 102 Introduction To Statistics
Course Outline MTS 102 Introduction To Statistics
INTRODUCTION TO STATISTICS
Class: BBA-2, EM-1, AF-1, SSLA-2, CS-2
Course: MTS 102-Introduction to Statistics
Class # MTS 102-(6818), MTS 102-(6822),MTS 102-
6823)
Instructor: Dr. Shabana Nisar
Class details
Email [email protected]
Contact #
Course Description
Statistics is the art of using data to make numerical conjectures about problems. This
course aims at enhancing student’s competency in solving quantitative problems in
Business, Economics, Social Sciences and Computer Science. This course introduces
statistical principles and methods of data collection, presentation and summarization. The
course involves fundamental concept of descriptive and inferential statistics, types of data,
sources of data, presentation of data through various tables and charts and summarization
of data using various descriptive measures. The course then moves on to the discussion of
principles of probability theory and random variables. Different probability rules are
discussed e.g. addition rule, multiplication rules, conditional and marginal probabilities,
and Bayes Theorem. After discussing some general ideas of random variables, the course
focusses on a detailed discussion of some standard probability distributions including
Binomial, Poisson and Normal Distributions. Finally, some methods of construction and
interpretation of index numbers and time series are discussed.
Course Objective
a. Text Book: Anderson, Sweeney and Williams (2011). Statistics for Business and Economics
(11th Edition). South-Western Cengage Learning (Andersen)
Reference Books
b. Newbold, Calrson and Thorne (2013). Statistics for Business and Economics (8 th
Edition).Pearson. (Newbold)
c. Moore, McCabe and Craige (2009). Introduction to the Practice of Statistics. (6 th Edition). WH
Freeman and Company.(Moore)
d. Black ( 2010 ). Business Statistics for Contemporary Decision Making. (6 th Edition). John Wiley
and Sons.
e. Walpole, Myers and Myers and Ye (2012 ) Probability and Statistics for Engineers and
Scientists (9th Edition). Prentice Hall. (Walpole)
5 Anderson
1. Covariance & Correlation Coefficient Ch-3
2. Z-score, Chebyshev’s theorem and empirical rules
6 1. Central Mean Moments, Kurtosis, Skewness and its Anderson Ch-3
Types, Empirical Rule.
2. Five Number Summary and Box Plot
Problem Sets: 20 %
The problem sets will be given at-least one week prior to the due date and need to be submitted in the
class. You are encouraged to work in groups of two and submit only one copy per group.
No late homework will be accepted.
Class participation: 5 %
Quizzes: 20%
Exam 1: 25 % ; Exam 2: 30 %
The biggest recipe for success in this (and any) course is the effort and time you put into the course.
The harder you work, the luckier you get. Therefore, you need to make a resolution to
- Attend all classes
- Take notes
- Complete and turn in all the work on time
- Review the lectures and the textbook after we’ve covered the material.
- Don’t hesitate to ask for help when needed.
- Limit Social Media
Academic Integrity
As per IBA policy
Attendance
As per IBA policy