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    Business Statistics
    21Z04513A
    BUS B171
      More information: Course Guide
    Business Statistics
    21Z04513A
    Course Start Date
    Sum 2018
    Course Level
    Foundation
    Length in Terms
    1 term
    Credits
    5
    Language
    English
    Fees ($) (including lab fees)
    N/A
    Future Terms
    Aut 2018, Sum 2019
    Aut 2019
    Course
    Start Date
    Course Level Length in Terms Credits
    Language
    Fees ($)
    (including lab fees)
    Future Terms
    Sum 2018
    Foundation 1 term 5
    English
    N/A
    Aut 2018, Sum 2019
    Aut 2019

    Course Coordinator: Mr Ken Chan, BA (Hons), MA (York, Toronto)

    Course Developer: Ken Chan Chi Keung, OUHK

    Aims
    This course aims to provide learners with a conceptual and methodological introduction to statistics under a business context. It firstly introduces standard statistical measures to summarize data and various graphing tools to display data. It also covers the process of performing statistical inference and its relevant applications in business decision-making will be introduced.

    Contents
    The course covers the following topics:

    • Data and descriptive statistics

    • Probability and probability distributions

    • Sampling distributions and interval estimation

    • Hypothesis testing for one population

    • Hypothesis testing for two populations and the chi-squared test

    Learning support
    There will be one two-hour and two three-hour supplementary lectures, five three-hour tutorials, and two three-hour and one two-hour surgeries. The supplementary lectures aim to consolidate students' understanding of the key concepts of the course. These lectures are optional whereas students are required to attend the tutorial group sessions assigned to them. They may also attend scheduled surgeries to seek one-to-one help from the tutor on duty.

    Assessment
    There are two tutor-marked assignments (TMAs) and one three-hour examination. Students must use word processing software (such as Microsoft Word) to prepare the TMAs, and submit the TMAs via the Online Learning Environment (OLE).

    Equipment
    Students will need access to a personal computer with an Internet connection.

    Software
    Students will need access to Microsoft Excel for Windows.

    Set book(s)
    Keller, G (2014) Statistics for Management and Economics, 10th edn, South-Western Cengage Learning.

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