Undergraduate Basic Statistics (Department of Business)

Prerequisite (s)
None

Course Aim
This is an introductory course that aims to familiarize students with the basics concepts and tools of statistics.

Course Goals
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.
Required Readings:
- Paul Newbold (1995), Statistics for Business and Economics: 4th Edition, Prentice Hall, New Jersey.
Suggested Readings:
-David S. Moore (2006), The Basic Practice of Statistics: 4th Edition, W.H. Freeman and Company, New York.

Assessment Criteria
Midterm %30 and Final %70

Semester Course Plan
Week/Subjects
1
What is Statistics?
2
Summarizing Numerical Information
3
Probability
4
Discrete Variables and Probability Distributions
5
Continuous Random Variables and Probability Distributions
6
Sampling and Distributions
7
Two Variable Regression Analysis
8
Multiple Regression Analysis
9
Analysis of Variance
10
Statistical Quality Control
11
Survey Sampling Methods
12
Statistical Decision Theory
13
Business Applications I
14
Business Applications II