BUSINESS STATISTICS I (2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: Explain the concept of statistic; Apply statistical concept properly; Demonstrate the critical thinking in interpreting the statistical result to solve economics and business problems.

Topics:

1. Introduction to Statistics;
2. Describing Data and Graphic Presentation;
3. Describing Data and Numerical Measures;
4. Basic Concepts of Probability;
5. Discrete Probability Distributions;
6. Continuous Probability Distributions;
7. Point Estimate and Confidence Intervals;
8. Hypothesis Tests: One Sample;
9. Hypothesis Tests: Two Sample;
10. Statistical Data Interpretation and Conclusion.