Course outline Course unit title Name and title of lecturer Level of course Semester ECTS credits Business Statistics I Prof. dr. Gindra KasnauskienÄ— first cycle 3 5 48 Contact Lectures 24 tutorials 8 Student working hours Practical work Laboratory work 8 Consultations 8 Individual work 82 Total 130 Prerequisites Language of instruction Objectives of the course The main course objectives are to develop skills in the collection, presentation and analysis of data and to develop the capability to use the common statistical methods of analysis and to gain an understanding of the principles behind them. Teaching methods Course unit content Economics, Business Mathematics English learning outcomes assessments methods The students will be able to Tests analyze statistically any Exam business and economic Home work situation, to apply a Team project ant it‘s presentation systematic approach to solve Solving exercises using problems, to locate, select, MS Excel and IBM SPSS organize and document information using appropriate technology and information sources and to use the knowledge received in writing term and final papers. Lectures, tutorials, handouts; projects on analysis of empirical data using MS Excel and SPSS to process larger sets of data. Students are encouraged to use an heuristic approach to problem-solving. The course examines some basic statistical theories, concepts, methods and techniques, and their application in business. Topics include preparation and presentation of data, frequency distributions, measures of central tendency and dispersion, elementary probability, random variables and probability distributions, the binomial, 1 Poisson, and normal and t distributions. The course also incorporates the use of MS Excel and a popular software program SPSS to generate statistical information for analysis and interpretation. Topics Contact hours Individual tasks and hours 1. Introduction. What is Statistics? 3 2. Statistical calculations using MS Excel and IBM SPSS 3. Data collection 3 4. Presenting Data in Tables and Charts. 4 5. Measures of central tendency 4 6. Measures of variation 2 7. Measures of shape. Concentration 2 8. Basic probability 2 9. Probability distributions 4 Individual study of summaries of lectures and supplementary material. Calculations with sigma sign, types of data identification, 4 Statistical comands in MS Excel and IBM SPSS, 12 Qestionnaire design (application of statistical methods in business}, 12 Constructing Tables and charts in MS Excel and IBM SPSS , 8 Calculation of mean, median, mode, quartiles and percentiles, 8 Calculation of measures of absoliute and relative variation, 4 Calculation of skewness and kurtosis, construction of Lorenz curve, calculation of Gini coefficient, 4 Basic concepts and probability rules, 8 Binomial, Puasson and Standard normal probability distributions, 8 Sampling distributions of means and proportions4 Topics 10. Sampling distributions 2 4 4 Reading list Year of publishing Author‘s name, title of the publication Publishing House 2011 Argyrous G. Statistics for research with a guide to SPSS. Sage 2008 Groebner, David F. Business statistics : a decision-making approach 7th. ed. IBM SPSS Statistics 20 Brief Guide Prentice Hall Inc. 2011 http://www.google.co m/search?q=spss+20 +brief+guide&source id=ie7&rls=com.micr osoft:lt:IESearchBox&ie=&oe= Additional reading list Year of publishing 2004 Author‘s name, title of the publication SPSS Step-by-Step Tutorial: Part 1 2008 Publishing House DataStep Development Prentice-Hall, Inc. McClave J.T., Benson P.G., Sincich T. Statistics for Business and Economics,10th ed. Written exam (10 grade system). Solving exercises (using formulaes Assessment requirements is allowable) and answering to the one or to open questions. The exam can be taken only if positive evaluation of the team project is received. At least 50% of exercises should be solved. Assessment criteria The composition of final grade End-of-term exam- 50 % of final grade; two mid-term tests – 10 and 20 % each, team project – 20% . Gindra Kasnauskiene Course outline arranged by Approved by the Study Program Committee 3