STATISTICS FUNDAMENTAL FOR BUSINESS STUDIES (2 SCU)

Learning Outcomes :

Upon successful completion of this course, students are expected to be able to explain and apply basic techniques to present and summarize data using descriptive statistics and a statistical software; explain and apply basic concepts and common techniques of probability, random variables, and different probability distributions; explain and apply basic techniques in hypothesis testing of one-, two-, or more samples using a statistical software; explain and apply basic techniques and analysis in regression using statistical software.

Topics :

This course is designed for students taking Accounting program that introduces the basic concepts of statistics for research. To develop analytical skills in conducting research and thesis-writing, topics covered in this course include not only descriptive statistics, but also fundamental inferential parametric statistics, i.e. basic probability theory, discrete and continuous probability distributions, estimation techniques, one-sample and two-sample hypothesis testing, and simple linear and multiple regression. The use of statistical software using Excel and/or SPSS is introduced and encouraged in order to better present the data summary and automate the statistical calculations.