Scribd Logo
Upload

Welcome to Scribd!

  • 178 views

    New Course Outline Managerial Statistics-1

    Uploaded by

    Dawit Mihiret
    This document provides a course outline for Managerial Statistics at Unity University. The 3 credit, 4 contact hour course is designed to help students apply statistical tools and concepts to managerial decision making. Key topics covered include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, correlation, and regression. Students will be evaluated based on assignments, tests, class participation, and a final exam. The goal is for students to gain experience organizing, analyzing, and interpreting data to solve business problems.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    New Course Outline Managerial Statistics-1

    Uploaded by

    Dawit Mihiret
    178 views4 pages
    This document provides a course outline for Managerial Statistics at Unity University. The 3 credit, 4 contact hour course is designed to help students apply statistical tools and concepts to managerial decision making. Key topics covered include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, correlation, and regression. Students will be evaluated based on assignments, tests, class participation, and a final exam. The goal is for students to gain experience organizing, analyzing, and interpreting data to solve business problems.

    Original Title

    New course outline Managerial Statistics-1

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a course outline for Managerial Statistics at Unity University. The 3 credit, 4 contact hour course is designed to help students apply statistical tools and concepts to managerial decision making. Key topics covered include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, correlation, and regression. Students will be evaluated based on assignments, tests, class participation, and a final exam. The goal is for students to gain experience organizing, analyzing, and interpreting data to solve business problems.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    178 views4 pages

    New Course Outline Managerial Statistics-1

    Uploaded by

    Dawit Mihiret
    This document provides a course outline for Managerial Statistics at Unity University. The 3 credit, 4 contact hour course is designed to help students apply statistical tools and concepts to managerial decision making. Key topics covered include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, correlation, and regression. Students will be evaluated based on assignments, tests, class participation, and a final exam. The goal is for students to gain experience organizing, analyzing, and interpreting data to solve business problems.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    UNITY UNIVERSITY

    FACULTY OF BUSINESS, ECONOMICS AND SOCIAL SCIENCES


    DEPARTMENT OF MANAGEMENT AND MARKETING
    COURSE OUTLINE

    COURSE OVERVIEW:

     Course Instructor: Tesfaye Bisrat Contact: issactbh@gmail.com, Office Rm. 88


     Course title: Managerial Statistics
     Course Number: Mgmt 313
     Credit Hours: 3 Contact Hours: 4
     Prerequisite(s): Introduction to Statistics (Stat.192)

    COURSE DESCRIPTION AND SIGNIFICANCE

    This course is designed to assist decision makers with the essential elements of statistics
    including descriptive analysis, statistical relationships (including correlation and regression),
    probability distributions, sampling and inference (including estimation and hypothesis
    testing). Accordingly, the insight from the course enables students to:

     Be familiar with statistical concepts/tools and their corresponding managerial


    application
     Make full use of information by organizing & analyzing the inputs, applying the
    relevant statistical tools, for effective decision making.
     Apply a variety of statistical methods to collect, summarize, analyze and interpret
    data in research works;
     Understand risky and random events and to evaluate the likelihood of various
    potential outcomes

    COURSE CONTENTS

    1. Introduction (Session 1-4, 4 hours)


    a. The Nature of Statistics
    b. Characteristic of Descriptive and Inferential Statistics
    c. Descriptive Statistics Revised
    i. Describing Data using Tables and Graphs
    ii. Describing Data using Numbers (Summary Measures)
    2. Probability Distributions (Session 5- 20, 16 hours)
    a. Probability Theory: Concepts, Approaches, and Rules
    b. Random Variables and Probability Distribution (Characteristics & applications)
    i. Discrete Probability Distribution
     Binomial Probability Distribution
     Hypergeometric Probability Distribution

    1
     Poisson Probability Distribution
    ii. Continuous Probability Distribution
     Normal Probability Distribution
    3. Sampling and Sampling Distributions (Session 21-26, 6 hours
    a. Sampling Theory: Basic Concepts, Sampling Rationale, Sampling Errors, and
    Techniques
    b. Sampling Distribution: Theory and Application
    i. Sampling Distribution of the Means
    ii. Sampling Distribution of the Proportions…
    4. Statistical Estimation (Session 27-32, 6 hours)
    a. Concepts of Estimation
    b. Point Estimation and Confidence Intervals……
    i. For the Population Mean using the Normal Probability Distribution
    ii. For the Population Proportion using the Normal Probability Distribution
    iii. For the Population Mean using the t Distribution
    c. Determining Sample Size for Estimating Population Mean and Proportion
    5. Hypothesis Testing (Session 33-45, 13 hours)
    a. One-Sample Tests of Hypothesis
    i. Introduction: Theory and Process
    ii. For Population Mean using Normal Probability Distribution
    iii. For the Population Mean using t-Distribution
    iv. For Population Proportion using Normal Probability Distribution
    v. Computing Probabilities of Type I and Type II Errors
    b. Two-Sample Tests of Hypothesis
    i. Comparing the Means of Two Populations based on Independent Samples and
    the Normal Probability Distribution
    ii. Comparing the Means of Two Populations (with equal variances) using the t
    Distribution based on independent samples
    iii. Comparing the Means of Two Populations (with unequal variances) using the t
    Distribution based on independent samples
    iv. Comparing the Proportions of Two Populations using the Normal Probability
    Distribution (independent samples)
    v. Comparing the Means of Two Populations based on Dependent or Paired
    Samples
    6. Chi-Square Test (Session 46-50, 5 hours)
    a. Properties
    b. Goodness of Fit Test
    c. Testing Independence of Attributes
    7. Analysis of Variance (ANOVA) (Session 51-55, 5 hours)
    a. Properties of the F-Test
    b. Testing a Hypothesis of Equal Population Variances
    2
    c. Testing Hypothesis about the Differences of the Means of several Populations
    i. One-way ANOVA
    ii. Two-way ANOVA without interaction
    iii. Two-way ANOVA with interaction
    8. Linear Correlation and Simple Linear Regression Analysis (Session 56-60, 5 hours)
    a. Covariance and Karl Pearson’s Correlation Coefficient
    b. Spearman’s Rank Correlation Method
    c. Testing the Significance of Correlation Coefficient
    d. The Estimated Regression Equation; The Least Square Method
    e. Coefficient of Determination (R2)

    EVALUATION SCHEME

    Course grade will be based on:


     Attendance…….............5%
     Assignments* …………..20%
     Tests (3)…………………..25%
    Semester Total: 50%
     Final Examination……..50%
    Grand Total: 100%
    * Assignments include routine class work and homework; worksheet assignments; and
    reading assignment
    The grading system uses fixed scale. It shall consist of the following grade ranges:
    A+............ > 90 A ...............80-90 B+............. 75-79

    B........... 65-74 C+............ 60-64 C...............50-59

    D................ 40-49 F.............. <40

    INSTRUCTIONAL METHODS: Lectures, Group discussions and exercises.

    COURSE MATERIALS: Module, Example sheets (Students are always expected to come to
    class with their example sheets and modules), Assignment
    worksheets.

    REQUIRED TEXT BOOK

    Douglas, A. Lind, William, G. Marshal, 2017. Statistical Techniques in Business and


    Economics. 17th ed. New York: McGraw-Hill.

    ADDITIONAL READINGS

    3
    Abdul Quader Miah, 2016. Applied Statistics for Social and Management Sciences .
    Singapore: Springer Science & Business Media.
    Amir Aczel, Jayavel Sounderpandian, 2008. Complete Business Statistics. 7th ed. New York:
    McGraw-Hill.
    C.R. Kothari, 2004. Research Methodology. 2nd ed. New Delhi: New Age International.
    Chandan,Jlts, 2009. Statistics for Business and Economics . New Delhi: Vikas Publishing
    House.
    David R., Anderson, Dennis J., Sweeney, Thomas A., Williams, 2015. Modern Business
    Statistics. Boston: Cenegage.
    Dominick Salvatore, & Derrick Regale, 2002. Schaum’s Outline of Statistics and
    Econometrics. 2 ed. New Delhi: Tata McGraw-Hill.
    nd

    Douglas A. Lind, William G. Marchal, Samuel A. Wathen, 2011. Basic statistics for Business
    and Economics. 8th ed. New York: McGraw-Hill.
    Gerald keller, 2011. Statistics for Management and Economics. 9th ed. Sydney: Cengage
    Learning.
    J. K. Sharma, 2014 . Business Statistics. 4th ed. New Delhi: Vikas Publishing House.
    Leonard J. Kazmier, 2010. Schaum’s Outlines of Theory and Problems of Business Statistics.
    4th ed. New York: Mc-Graw-Hill Companies.
    P.k. VISWANATHAN, 2006. Business Statistics. New Delhi: Pearson Education.
    Roger Porkess, 2005. Collins Internet-linked Dictionary of Statistics . 2nd ed. Glasgow:
    HarperCollins.
    S P Rajagopalan, R Satanathan, 2006. Business Statistics and Operations Research .
    Chennai: Vijay Nicole.

    TEACHING –LEARNING ISSUES

    The following are intended to foster smooth and effective teaching-learning environment;

    1. Performance: Positive attitude; Consistent attendance; Exercise (practice); Purposeful and


    balanced life style (work and entertainment); Avoiding complacency &
    negligence

    2. Relationship: Free classroom interaction; partnership between students and instructors


    with the ultimate goal of building family like relationship

    3. Approach (Values): interactive teaching methods; Knowledge sharing; Sharing ethical,


    moral and academic values; Voluntary participation; Appropriate use
    of time

    4. Discipline: Obeying rules; Integrity (avoid cheating and copying); Punctuality (in class
    attendance and deadlines); Classroom manner; No distraction (disturbance of
    others); Mutual respect

    GOOD LUCK AND ENJOY YOUR CLASS!!


    4

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy