Business Statistics

Written by Administrator Monday, 15 June 2015 04:57

font size decrease font size increase font size
Print
E-mail

Rate this item

(2 votes)

Course Code : BHRM 12154

Title : Business Statistics

Status : Compulsory

Credit Rating : 4

Semester : Second

Aim : To; (i) introduce the statistical concepts and methods for solving real business problems, (ii) enhance the knowledge of statistics in business management, (iii) develop analytical skills, and the ability to use statistical packages for solving real business problems.

Learning Outcomes : On completion of this course unit, students should be able to:

identify the various statistical techniques available for analyzing data
describe and explain how to make business decisions under uncertainties
demonstrate the skills of analyzing and interpreting data related to business management
apply descriptive and inferential techniques to research work in business and other related fields
solve the business related problems in field of business environment with the use of soft ware packages.

Course Content : Introduction to statistics; definition of statistics, source of data, type of data, data collection, describing and presentation. Descriptive measures; measures of central tendency, measures of dispersion, skewness and kurtosis. Basic probability; basic probability concepts, conditional probability. Probability distributions; discrete probability distributions, continuous probability distributions. Sampling and sampling distributions. Estimation. Hypothesis testing; one sample test, two or more sample test. Nonparametric test. Regression and correlation analysis; correlation, simple regression, multiple regression. Time series analysis. Index numbers. Statistical software.

Method of Teaching

and Learning : Lectures, Tutorials, Presentations, Practical Classes

Assessment : Assignments, End-semester examination

Recommended Readings :

Anderson, D.A., Sweeney, D.J., Williams, T.A. (2011). Statistics for Business and Economics, 11^th Edition, South western College pub. Boston.

Bowerman B.C., O’Connel R., Murphree E. S, Orris J.B. (2012). Essentials of Business Statistics , Mc Graw Hill, New York.

Carver, R.H., Nash, J.G. (2012). Doing Data Analysis with SPSS : version 18.0, 5^th Edition, Duxbury Press, Toebben Drive.

Kzmier, L.J. (2009). Business Statistics, 4^th Edition, Mc Graw Hill, New Dilhi.

Lind, D.A. (2011). Statistical techniques in Business and Economics, 15^th Edition, Mc Graw Hill, New York.

Weieri, R.M. (2010). Introduction to Business Statistics, 7^th Edition, Cengage learning, Toebben Drive.

Last modified on Monday, 15 June 2015 04:57

Read 5520 times

Social sharing

Published in: Undergraduate Syllabus

More in this category: « Organisational Change and Development Job Evaluation »

Administrator

Latest from Administrator

Quick Links

Digital Notice Board

DIPLOMA and HIGHER DIPLOMA Registration!

DEADLINES EXTENDED!!!

New Closing Date 11 March 2018

Validation

Recent Events

The 2nd National Summit on People Management 2017 (2nd NSPM 2017)

‘The 2nd National Summit on People Management 2017′ (NSPM 2017) organised by the Department of Human Resource Management of the Faculty of Commerce & Management Studies, University of Kelaniya was successfully conducted on the 12th of December 2017 at the Kingsbury, Colombo. The theme this time was ‘‘Peopling for Innovation’ that discussed particularly HRD issues at different performance contexts: corporates; industry; and national level. The specialty of this summit was that it congregated stakeholders from the academia, practice, policy-making process and postgraduate and undergraduate levels.

Media briefing on the 2nd National Summit on People Management 2017 (NSPM 2017)

A media briefing on the 2nd National Summit on People Management 2017 (NSPM 2017) organised by the Department of Human Resources Management of the Faculty of Commerce and Management Studies, University of Kelaniya was held on 5th December 2017 at the Senate Room of the University.

HRM Soft Skills and Personality Development Programme

The inauguration of the ‘HRM Soft Skills and Personality Development Programme’, organized by the HRM Industry Collaboration arm of the Department of Human Resources Management was successfully held on the 29th of September 2017 at the Vice-Chancellor’s office, under the patronage of Prof. D.M Semasinghe, the Vice-Chancellor of the University of Kelaniya, Ms. Madhavi Shilpadipathi the Deputy General Manager – Talent Attraction, MAS Holdings Pvt. Ltd and Dr. D.U. Mohan, the Head of the Department of Human Resources Management of the University of Kelaniya.

HR IMPRESSION – 2017

“HR IMPRESSION 2017”- a comprehensive, developmental Career Guidance programme designed to assist the students who faced the G.C.E. Advanced Level examination in 2017 was successfully held on the 8th of September 2017 at the Sunil Shantha Memorial Auditorium of the University of Kelaniya.

The 3rd Inauguration Ceremony of the Diploma/Higher Diploma in Human Resource Management

The 3rd consecutive inauguration ceremony of the Diploma and the Higher Diploma in Human Resource Management offered by the Department of Human Resource Management (HRM) of the Faculty of Commerce & Management Studies (FCMS) was successfully held on the 13th of August, 2017 at the Sunil Shantha Memorial Auditorium, FCMS, the University of Kelaniya. These courses are conducted with the objective of providing education for those who are currently working and those who are willing to work in the field of Human Resource Management.

Panel Discussion on “Innovations for Peopling”

A panel discussion organized as an “action learning project” for the postgraduate students of the Master of Human Resource Management (MHRM) of the Department of Human Resource Management (HRM) of the Faculty of Commerce & Management Studies (FCMS) was successfully held on the 3rd of August 2017 at the Board room of the FCMS, the University of Kelaniya.

Batten Change of HR English Club

The “Batten Change of HR English Club” organized by the Department of Human Resources Management (HRM) of the Faculty of Commerce and Management Studies (FCMS) was held on the 14th of July 2017 at the Auditorium of the FCMS.