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    Business Statistics
    BUS B171
      More information: Course Guide
    Business Statistics
    Course Start Date
    Sum 2019
    Course Level
    Foundation
    Length in Terms
    1 term
    Credits
    5
    Language
    English
    Fees ($) (including lab fees)
    5,000
    Future Terms
    Spr 2020


    This course has been included in the list of reimbursable courses under the Continuing Education Fund. Click HERE for details.


    Quota and Schedule
    Course
    Start Date
    Course Level Length in Terms Credits
    Language
    Fees ($)
    (including lab fees)
    Future Terms
    Sum 2019
    Foundation 1 term 5
    English
    5,000
    Spr 2020
    This course has been included in the list of reimbursable courses under the Continuing Education Fund. Click HERE for details.

    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 five three-hour tutorials and two three-hour surgeries.

    Assessment
    There are two assignments and one examination. Students must use word processing software (such as Microsoft Word) to prepare the assignments, and submit the assignments 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 (2017) Statistics for Management and Economics, 11th edn, South-Western Cengage Learning.

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