|
Course Name (English)
|
STATISTICAL METHODS
|
| Course Code |
ECO541 |
| Course Description |
This course provides an introduction to statistical concepts that can be applied to business environment. Hypothesis testing and inferences are introduced to provide students with skills to be used in business research and analysis.
|
| Transferable Skills |
Relective learner
Systematically Inquisitive |
| Teaching Methodologies |
Lectures, Lab Work, Field Trip, Tutorial, Discussion |
| CLO |
| CLO1 |
Describe results from descriptive statistics |
| CLO2 |
Determine the relevant statistical techniques (z, t, F and chi-square distributions) to use for specific situations. |
| CLO3 |
Display skills in SPSS software application related to statistical methods |
|
| Pre-Requisite Courses |
No course recommendations |
| Topics |
|
1. Introduction
1.1) Definition
1.2) Types of Statistics-Types of Variables
1.3) Levels of Measurement
1.4) Sources of Data
1.5) Types of Survey/Sampling Method
|
|
2. Describing Data : Frequency Distribution and Graphic Presentation
2.1) Organizing and Graphing Quantitative Data
2.2) Organizing and Graphing Qualitative Data
2.3) Exploratory Data Analysis
2.4) Misleading Graphs
|
|
3. Describing Data : Numerical Measures
3.1) Measures of Central Tendency
3.2) Measures of Dispersion
3.3) Measures of Position
3.4) Measures of Shape
|
|
4. Probability Distribution
4.1) Basic Probability Concepts
4.2) Discrete Probability Distributions
4.3) Continuous Probability Distributions
4.4) Normal Distribution
4.5) Standard Normal Distribution
4.6) Tabulated Areas of the Normal Probability Distribution
|
|
5. Sampling and Sampling Distributions
5.1) Sampling and Statistics.
5.2) Sampling Distribution.
5.3) The Central Limit Theorem.
5.4) Sampling Distribution of the Sample Mean
5.5) Sampling Distribution of the Sample Proportion
|
|
6. Estimation and Confidence Interval
6.1) Point Estimates and Confidence Interval
6.2) Point and Interval Estimation of a Population Mean.
6.3) Point and Interval Estimation of a Population Proportion.
|
|
7. Estimation and Confidence Interval
7.1) Interval Estimation of Difference Between Two Population Means.
7.2) Interval Estimation of Difference Between Two Population Proportions.
|
|
8. Hypothesis Testing for one population
8.1) Definition and Uses of Hypothesis Testing.
8.2) Types of Errors.
8.3) Five Steps Procedure for Testing a Hypothesis.
8.4) One-Tailed and Two-Tailed Test of Significance.
8.5) Hypothesis Tests about a Population Mean
|
|
9. Hypothesis Testing for one population
9.1) Hypothesis Tests about a Population Proportion
|
|
10. Hypothesis Testing for two population
10.1) Hypothesis Tests about the Difference Between Two Population Means
|
|
11. Hypothesis Testing for two population
11.1) Hypothesis Tests about the Difference Between Two Population Proportions
|
|
12. Hypothesis Tests Using the Chi-Square Distribution
12.1) Goodness-of-Fit Test
|
|
13. Hypothesis Tests Using the Chi-Square Distribution
13.1) Independence and Homogeneity Test
|
|
14. Analysis of Variance
14.1) ANOVA – The General Ideas
14.2) Assumptions Underlying ANOVA Test
14.3) Analysis of Variance Procedure
14.4) • Inferences about Treatment Means
|
| Assessment Breakdown | % |
|---|
| Continuous Assessment | 100.00% |
| Details of Continuous Assessment |
| Assessment Type |
Assessment Description |
% of Total Mark |
CLO |
| Assignment |
Individual Assignment 1 |
20% |
CLO2
|
| Group Project |
Group Project |
30% |
CLO3
|
| Test |
Test 1 |
20% |
CLO1
|
| Test |
Test 2 |
30% |
CLO2
|
|
| Reading List | | Recommended Text | - Mann, P. S. 2007, Introductory Statistics, 6 Ed., John Wiley & Sons (Asia) Pte Ltd
|
|---|
| Reference Book Resources | - Anderson, Sweeney, & Williams. 2006, Modern Business Statistics, South-Western:Thomson Learning.
- Bluman, A. G. 2007, Elementary Statistics: A Step by Step Approac, 7 Ed., McGraw-Hill
- Johnson, R. 2007, Elementary Statistics, 10 Ed., Duxbury Press
- Newbold, Carlson, & Thorne 2007, Statistics for Business and Economics, 6 Ed., Pearson.
|
|---|
|
|---|
| Article/Paper List | This Course does not have any article/paper resources |
|---|
| Other References | This Course does not have any other resources |
|---|
|
