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Course Details

Title BASIC BUSINESS STATISTICS
Field of Study Business
Professor Jong-Min Kim (kjonomi@gmail.com)
Type Academic course
Delivery Type Online Track (100% online course): Pre-recorded
Credits 3
Contact hours 45
Schedule N/A Recorded
Course code BUS2065
Course number 18040
Description

Scope, nature, tools, language, and interpretation of business statistics. Descriptive statistics; graphical and numerical representation of information; measures of location, dispersion, position, and dependence; exploratory data analysis. Elementary probability theory, discrete and continuous probability models. Inferential statistics point and interval estimation, tests of statistical hypotheses, regression analysis; and use of statistical computer packages (Excel, R).

Objective

Learn basic statistics concepts and practice how to apply the learned statistics knowledge to real business data.

Preparations

Basic College Algebra.

Materials: Regular Calculator needed.

textbook: Statistics for Management and Economics, Abbreviated 7th edition, Thomson 2007, by Keller. (Optional)

Materials
Evaluation
Assignment
10%
Attendance
10%
Final
20%
Group Project
10%
Midterm
20%
Participation
10%
Presentation
10 %
Quiz
10%
Lesson Plan
Class 1: Chapter 1: What is Statistics?
Class 2: Chapter 2: Graphical Descriptive Techniques I.
Class 3: Chapter 3: Graphical Descriptive Techniques II.
Class 4: Chapter 4: Numerical Descriptive Techniques.
Class 5: Chapter 5: Data Collection and Sampling and Chapter 6: Probability.
Class 6: Chapter 7: Random Variables and Discrete Probability Distributions.
Class 7: Midterm Exam
Class 8: Chapter 8: Continuous Probability Distributions.
Class 9: Chapter 9: Sampling Distributions.
Class 10: Chapter 10: Introduction to Estimation.
Class 11: Chapter 11: Introduction to Hypothesis Testing.
Class 12: Chapter 12: Inference about One Population.
Class 13: Chapter 13: Inference about Two Populations.
Class 14: Chapter 14: Analysis of Variance.
Class 15: Final Exam
Last Updated April 16, 2021
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