Business Statistics is an introductory course designed to give students a working knowledge and understanding of descriptive and inferential statistics. Topics covered include uses and misuses of statistics, methods of sampling, collection and presenting data, measures of average and variation, probability theory and distributions, sampling distributions of means and proportions, confidence intervals, tests of hypotheses (large and small sample methods), analysis of variance, contingency tables, correlations and regression analysis, multiple regression, time series analysis, and forecasting techniques. Emphasis is placed on practical business applications.
Norean D. Sharpe Richard De Veaux Paul F. Velleman, Statistics Loose-leaf version (4th Edition) Pearson ISBN: 9780136970903 plus/ MyLab Statistics with Pearson eText- Access Card Package
The Course Duration is 64 Hours
Course Homework Hours will be 10 hours per week approximately.
Teaching Methods will Involve Seminar Format, Lecture format and Laboratory Format depending upon the course demand
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A Candidate has to attain a minimum score of 50% overall to ensure successful course completion