MODULE TITLE : Business Statistics

CODE : BB104
PRE-REQUISITE : None
CREDIT HOURS :3

OBJECTIVE

To expose the students to the concepts of statistical application as well as the calculation skills of
descriptive statistics and basic inferential statistics, necessary for applications in their future working
environment. This also equips them with statistical tools to do their year three independent projects.

LEARNING OUTCOMES

At the end of the module, student should be able to:

• Be familiar with some of the statistical concepts, theories and tools, and their uses;
• Understand the fundamentals of the statistical methodologies, findings and inferences drawn from
research studies;
• Be equipped with the foundation of statistics to pursue research modules at a higher level.

MAIN TOPICS

1. Introduction to Statistics
2. Frequency distributions and graphic presentation
3. Numerical Measures
4. Discrete Probability Distribution
5. Continuous Probability Distribution
6. Estimation
7. Hypothesis Testing
8. Correlation
9. Regression Analysis

MAIN REFERENCE

Black, K. (2009). Business Statistics for Contemporary Decision Making, 6th Edition. Clear Lake:
John Wiley and Sons

ADDITIONAL REFERENCES

Bluman A. G. (2008). Elementary Statistics: A Step By Step Approach, 7th Edition. New York:
McGraw-Hill
Anderson, D.R., Sweeney, D.J., and Williams, T.A. (2002). Statistics for Business and Economics,
8th Edition. Ohio: Thomson Learning.
Bowerman, B.L., and O’Connell, R.T. (2003). Business Statistics in Practice, 3rd Edition. New
York: McGraw-Hill.
Eldredge, D. (2002). A Microsoft Excel Companion fof Busienss
Statistics with CD-ROM, 2nd Edition. Ohio: Thomson Learning.

ASSESSMENT STRATEGY
Assignments 20%
Mid-Semester Examination 30%
Final Examination 50%
Total 100%