STATISTICS FUNDAMENTAL FOR BUSINESS STUDIES (3 SCU)

Learning Outcomes:

Upon completion of this course, students are expected to be able to: explain and apply basic techniques in hypothesis testing more than two samples; explain and apply basic techniques in chi square test, correlation and regression analysis; utilize the interpretation of statistical analysis result in decision making; use statistical software to analyse data.

Topics:

The topics covered in this course include descriptive statistics, the basic probability theory, normal probability distributions, estimation techniques, as well as one-sample and two-sample hypothesis testing. The use of statistical software using Excel is introduced and encouraged in order to better present the data summary and automate statistical calculations.

Pre-requisite(s): None