This is an introductory course that aims to familiarize students with the basics concepts and tools of statistics.
Ability to analyze and evaluate statistical data with a view toward addressing contemporary business questions.
Ability to distinguish between theories and hypotheses; analyze and interpret statistical results; present data in graphical form; and perform basic statistical analysis.
Course Learning Outs and Proficiencies
The course will assist students in reaching a level of increased competence in
statistics and expanded understanding of the applications of statistics concepts in business activities.
- Paul Newbold (1995), Statistics for Business and Economics: 4th Edition, Prentice Hall, New Jersey.
-David S. Moore (2006), The Basic Practice of Statistics: 4th Edition, W.H. Freeman and Company, New York.
Midterm %30 and Final %70
Semester Course Plan
What is Statistics?
Summarizing Numerical Information
Discrete Variables and Probability Distributions
Continuous Random Variables and Probability Distributions
Sampling and Distributions
Two Variable Regression Analysis
Multiple Regression Analysis
Analysis of Variance
Statistical Quality Control
Survey Sampling Methods
Statistical Decision Theory
Business Applications I
Business Applications II