DETAILED COURSE CONTENT




Course Code :

BCOM12124



Title :

Business Statistics



Type/Status :

Compulsory


aaaaaaaaaaaa Aims :

This course module is designed to provide knowledge and skills to apply and interpret statistical techniques in a variety of business applications.


Learning Outcome : aaaaaaaaaaaaaaaa
By the end of this course unit students should be able to:
  • use statistics as a tool to collect, analyze and interpret data   related to business.
  • apply statistical techniques to specify behavioral and business situations.
  • apply application software package for statistics

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Course Content : Introduction to Business Statistics; Definition and scope of Statistics; Descriptive Statistics and analytical surveys; Designing Evaluations; Probability and Probability Distributions; Sampling; The nature and logic of Inferential Analysis; Estimation, Testing Hypothesis. Regression analysis; Time series analysis; Experimental design and Analysis of variance; Non parametric methods; Introduction to quality improvement; Process improvement using control charts.

Method of Teaching & Learning:

Lectures and tutorials

Scheme of Evaluation:

End semester examination, Assignments and Tests. The weights given to each component of the evaluation method is announced at the commencement of the module.

Recommended Readings: Beri G. C.,(2007), Business Statistics, (2nd Ed.), Tata McGraw- Hill, New Delhi.

David R. Anderson, Dennis J. Sweeney, and Thomas A. Williams , (2004), Essential of Modern Business Statistics with Microsoft Excel, South Western college Publishing, Mason OH.

David Moore, George Mc Cabe,  and Williiam Duckworth, (2003), The Practice of Business Statistics, using Data for Decisions, W.H. Free man & Company.

Mario F. Triola, (2007), Elementary Statistics, (10th Ed.). Wesley.