A course dealing with statistical concepts including measures of central tendency and dispersion, probability distributions, Sampling, Estimation, Hypothesis testing, Analysis of Variance.

Course Objectives:

Student Learning Outcomes The objective of this course is to provide an understanding for the graduate business student on statistical concepts to include measurements of location and dispersion, probability, probability distributions, sampling, estimation, hypothesis testing, regression, and correlation analysis, multiple regression and business/economic forecasting.

By completing this course the student will learn to perform the following:

1) How to calculate and apply measures of location and measures of dispersion -- grouped and ungrouped data cases.

2) How to apply discrete and continuous probability distributions to various business problems.

3) Perform Test of Hypothesis as well as calculate confidence interval for a population parameter for single sample and two sample cases. Understand the concept of p-values.

4) The Chi-Square test for Independence as well as Goodness of Fit.

Assesment Criteria

• Sessional: 20 (Presentation/Assignment 10, Attendance 05, Quiz 05)
• Mid-Term Exam: 30
• Final-Term Exam: 50

Time Table