Business Statistics – Syllabus | BBA (Pokhara University) Third Semester

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Business StatisticsPokhara University (PU)
Business Statistics – Syllabus
BBA (Bachelor of Business Administration)
For: Second Year | Third Semester
STT 101.3 | Credit Hours: 3

Course Objectives:
This course aims to provide students with a through understanding of descriptive and inferential statistical tools used in business decision making.

Course Contents:

  1. Introduction: 3 hours
    Statistics and data, quantitative and categorical variables, fundamental elements of a statistical analysis
  2. Data collection: 4 hours
    Sources of data, experimental research, survey research, questionnaire, data preparation- editing, coding, and transcribing
  3. Tables and Charts: 3 hours
    Steam-and-leaf display, frequency distribution, relative frequency distribution, cumulative polygon, timeplots
  4. Summarizing and Describing Numerical Data: 6 hours
    Measure of central tendency: mean, median, mode and mid-hinge. Measures of variation: range, inter quartile range, standard deviations, and coefficient of variations. Shape, five-number summary and box-and-whisker plot
  5. Probability: 7 hours
    Basic concepts, counting rules, objective and subjective probability, marginal and joint probability, addition rule, conditional probability, multiplication rules, Bayes’ Theorem
  6. Discrete Probability Distribution: 6 hours
    Random variables, mean and standard deviation of discrete random variables, mathematical expectation, binomial distribution, Poisson distribution
  7. Continuous Probability Distribution: 5 hours
    Normal distribution and its applications, assessing normality, normal approximation of binomial and Poisson distribution
  8. Estimation of Population Parameters: 6 hours
    Law of large numbers, central limit theorem, statistical confidence, confidence intervals, confidence for means and populations
  9. Hypothesis Testing: 8 hours
    Testing of significance, p-value approach to hypothesis testing, connection between confidence intervals and hypothesis testing, comparing two means (two sample z and t- test procedures), comparing two proportions, power

Text Books:

  1. Levin, Richard I. And David S. Rubin: Statistics for Management, Prentice-Hall of India
  2. Berenson, Mark L. and David M. Levine: Business Statistics: Concepts and Applications, Prentice-Hall, Inc

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