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BUS B171
  More information: Course Guide
Business Statistics
21Z04513A
Course
Start Date
Course Level Duration Credits
Language
Fees ($)
(including lab fees)
Future Semesters
Aut 2015
Foundation 1 semester 5
English
4,700
Spr 2016, Aut 2016
Spr 2017, Aut 2017

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
This 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 five two-hour supplementary lectures, six two-hour or three-hour tutorials and two two-hour surgeries. Students will attend the tutorial group assigned to them. They might also attend the scheduled surgeries to seek individual help from the tutor on duty before the examination.

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) Managerial Statistics, 10th edn, South-Western Cengage Learning.