Business Statistics- Spring 2021 (Sec A) (3)
Business Statistics- Spring 2021 (Sec A) (3)
COURSE SYLLABUS
Department/
2 Department of BBA
Centre
3 Programme BBA
8 Status GED
9 Credit Hours 3
10 Section A
Sunday : 11:40 am - 01:10 pm (Revised:12:10 pm – 01:40 pm)
11 Class Hours Wednesday: 11:40 am - 01:10 pm (Revised:12:10 pm – 01:40 pm)
12 Class Location Room # 208
In today's world, good decision making relies on data and data analysis. This course
21 Course Rationale helps students develop the understanding that they will need to make informed
decisions using data, and to communicate the results effectively.
The course is an introduction to the essential concepts, tools and methods of statistics
for students in business, economics and similar disciplines, although it may have wider
interest. The focus is on concepts, reasoning, interpretation and thinking rather than
computation, formulas and theory. Much of the work will require students to write
effectively and communicate their ideas with clarity. The course covers two main
22 Course Description branches of statistics: descriptive statistics and inferential statistics. Descriptive
statistics includes collecting data and summarizing and interpreting them through
numerical and graphical techniques. Inferential statistics includes selecting and
applying the correct statistical technique in order to make estimates or test claims
about a population based on a sample.
The course is designed to provide the background of the following topics
Need for statistics in decision making
23 Course Objectives Presentation of data required for processing
Analysis and interpretation of data
Application of probability concepts to deal with uncertainty
After the end of this course, the students will be able to:
1. Understand fundamental concepts of statistical tools and techniques
Course Learning 2. Apply variety of statistical tools and techniques
24
Outcomes (CLOs) 3. Analyze data using statistical methods and techniques
4. Interpret the results obtained through application of statistics
1. Lecture
25 Teaching Methods 2. Classroom discussions
3. Individual assignments
26 Topic Outline
Learning Reading Activities
Class Topics/Assignments
Outcomes Reference
Introduction to Statistics; Functions of Statistics, Types of Statistics, Assignment 1
1,2 1 Chapter 1
& scales of measurement (Nominal, Ordinal, Interval and Ratio) Class Test 1
Constructing a Frequency Distribution, Relative Frequency
3,4 Distribution, Stem and-Leaf Displays, Graphic Presentation of 1,2 Chapter 2 Assignment 2
Frequency Distributions,
The Population Mean, The Sample Mean, The Weighted Mean,
5, 6 2,3,4 Chapter 3 Assignment 3
Median, Mode, Geometric Mean,
Range, Mean Deviation, Variance and Standard Deviation, Measures
of Dispersion for Data Grouped into a Frequency Distribution, Assignment 4
7, 8, 9 2,3,4 Chapter 4
Interpretation and Uses of the Standard Deviation, Relative Class Test 2
Dispersion, Skewness, Quartiles, Deciles and Percentiles,
10, 11, 12 What is Probability, Approaches to Probability, Rules of Probability, 2,3,4 Chapter 5
MIDTERM EXAM
13, 14, Random Variables, The Mean, Variance, and Standard Deviation of Assignment 5
1,2
15, 16, 17 a Probability Distribution, Binomial Probability Distribution, Chapter 6
18, 19, Assignment 6
The Normal Distribution (Must **) 1,2,3 Chapter 7
20, 21 Class Test 3