Applied Business Statistics

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Identification
Prerequisites
Language
Compulsory/Elective
Text books and course
materials
Economics and Management
Department
Graduate
Program
MGT 800: Applied Business Statistics - 3KU/6ECTS credits
Subject
Fall 2015
Term
Dr. Lala Ganiyeva
Instructor
[email protected]
E-mail
Classroom/hours Bashir Safaroglu 122, Room 31
None
English
Compulsory
Core Textbooks:
[1 ] Statistical Techniques in Business and Economics by D.Lind, W. Marchal,
S.Wathen, 15th edition, 2012
[2] Statistics for Managers Using Microsoft Excel by D. Levine, D. Stephan,
T.Krehbiel, M. Berenson, 5th edition, 2008
Teaching methods
Evaluation Criteria
Course objectives
Course outline
Course Outcomes
Policies
X
Case analysis
X
Group discussion
Lab
X
Lecture
Course paper(Project)
X
Problem Solving
Others
Methods
Date/deadlines
Percentage (%)
10
Attendance/Participati
on
25
Midterm Exam
20
Quizzes (4 quizzes, 5
points each)
40
Final Exam
5
Other (Case analysis)
100
Total
To equip students with basic statistical methods used, show them the relevance of
statistics in functional areas in Business and Economics and familiarize them with
statistical programs used in the business world.
This is an application-oriented course. Main topics are describing and organizing
data, probability concepts, probability distributions, sampling and sampling
distributions, confidence interval estimation, test of hypothesis, analysis of variance
and decision-making.
Having completed the course students will be able to:
 Understand basic properties of data sets and their graphs
 Describe basic traits of data and show the associations between categorical
and quantitative variables
 Gather data and understand basic work on experiments
 Understand and apply probability concepts into business areas
 Construct confidence intervals and run significance tests about hypothesis
 Work with basic applications and software of statistics(Excel)
Students are expected to:
Devote an appropriate amount of time and energy toward achieving academic
excellence.
Take the initiative to ask questions that promote understanding of the academic
subject.
We
ek
1
Date
(tentative)
16.09.2015
2
3
4
5
6
7
23.09.2015
30.09.2015
07.10.2015
14.10.2015
21.10.2015
8
9
10
11
12
13
04.11.2015
11.11.2015
18.11.2015
25.11.2015
02.12.2015
28.10.2015
Communicate regularly with the instructor, especially in matters related to class
assignments
Tentative Schedule
Topics
Textbook/Assignments
Introduction. Basic Concepts.
[1] Ch. 1, [2] Ch. 2
Organizing and visualizing data
Numerical descriptive measures
[1] Ch. 2, [2] Ch. 4
[1] Ch. 3, [2] Ch. 3
[1] Ch. 4, [2] Ch. 5
[1] Ch. 5, [2] Ch. 6
[1] Ch. 6, [2] Ch. 7
[1] Ch. 7, [2] Ch. 8
Basic probability. Conditional probability. Quiz #1
Discrete probability distributions
The Normal Distribution and other continuous distributions
Sampling and types of sampling methods. Central Limit
Theorem. Quiz #2
Mid-term Exam. Sampling distributions
Confidence interval estimation
Analysis of a variance
Linear regression and correlation
[1] Ch. 7
[1] Ch. 8, [2] Ch. 9
[1] Ch. 9, [2] Ch. 10
[2] Ch.11
[2] Ch. 12
[2] Ch. 13
Multiple regression analysis. Quiz #4
[1] Ch. 11, [2] Ch. 14
Multiple regression analysis (contd.)
[1] Ch. 11, [2] Ch. 14
Fundamentals of Hypothesis Testing: One sample test
Two-sample tests. Quiz #3
09.12.2015
14
16.12.2015
15
23.12.2015
Final exam
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