COURSE SYLLABUS

Theory of Probability and Mathematical Statistics

(An Introduction with Applications in Business)

I. Module Information:

Program Title: Bachelor of International Business

Module Title: Theory of Probability and Mathematical Statistics

(An Introduction with Applications in Business)

Module Code: MAT1004

Number of credits: 3

Lecture/Tutorial: 45 hours

Self-study: 90 hours

Pre-requisite(s): Advanced Mathematics (MAT1092)

Other requirement(s): None

II. Lecturer Information:

No Name Title Email Phone

1. Nguyễn Hải Thanh Assoc. Prof. Dr. nhthanh.ishn@isvnu.vn 0987221156
2. Nguyễn Văn Hạnh Dr. Hanh.nguyenvan1@hust. 0961835255
edu.vn
3. Phạm Thị Việt Dr. huongptv@isvnu.vn 0944817152
Hương

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III. Main aim(s) of the module:

The main aim of this module is to provide students with basic statistical methods used in
collecting and analyzing data, as a basis to make decisions in business; to help students learn
to use computer softwares in processing data (eg. Excel), understand and use the results
provided by softwares.

At the end of this module, students will be able to (11 learning outcomes):

For Knowledge:

1. USE appropriate graphical representations and displays to help in the interpretation and
presentation of data;
2. CALCULATE and INTERPRET measures of central tendency and dispersion, and USE
the appropriate measure in a given business circumstances;
3. COMPUTE probabilities for mutually exclusive events, dependent and independent
events and APPLY these techniques to business situations;
4. DESCRIBE and APPLY the properties of the Binomial, Poisson and Normal
distributions in the appropriate circumstances;
5. MAKE statistical inferences based on a single random sample;
6. EVALUATE and correctly INTERPRET the correlation between two variables;
7. SKETCH a line of regression for a set of bivariate data and correctly INTERPRET and
USE this line.
For Skills and Attitude:

8. RECOGNIZE the need for statistics and the steps involved in sound scientific
procedure for experiments and investigations in their discipline;
9. USE statistics correctly in helping the results of their experiments and investigations to
withstand critical evaluation;
10. DO data entry/manipulation and simple statistical analysis with EXCEL/R and
INTERPRET the results generated by EXCEL/R;
11. BUILD up math vocabulary in English; ENHANCE presentation skills in English.

Note: - The learning outcomes of the module are constructed based on the learning
outcomes of the program (Annex 1);
- Compatibility matrix between learning outcomes of the module and learning

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 outcomes of the program (Annex 2).

IV. Module’s description:

Fundamental concepts in descriptive and inferential statistics. Descriptive statistics: types of

variables, methods of summarizing and displaying data including time series data. Probability
and probability distributions (which include Binomial and Normal distributions). Statistical
inference: samples and populations, sampling distribution of the mean, point and interval
estimation of the mean, hypothesis testing. Simple linear regression and correlation.
V. Main topics:

Topic 1: Descriptive statistics

Topic 2: Probability
Topic 3: Random variables and discrete probability distributions
Topic 4: Continuous probability distributions
Topic 5: Sampling distributions
Topic 6: Estimation
Topic 7: Hypothesis testing
Topic 8: Simple linear regression and correlation

VI. Reading and resources for the module:

Textbook(s):

E. A. Selvanathan, S. Selvanathan, G. Keller (2017), Australian Business Statistics, 7th

Edition, Cengage Learning Australia.

Recommended reading(s):

G. Keller (2012), Statistics for management and economis, 9th Edition, South-Western
Cengage Learning.
E. A. Selvanathan (2008), Learning Statistics & Excel in Tandem, 2nd Edition, Cengage
Learning Australia.

VII. Teaching(learning) methods (strategies):

+ Classroom lectures combined with discussion and class assignments, homework;

+ Students present the solution of exercises on the board;

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+ Students set up groups (3 persons / group) to practice (solving exercises) in Excel.

VIII. Course schedule / Teaching plan:

Week / Content Reference Learning

Date Outcomes
A. Desriptive statistics
1.
Introduction to statistics Chapter 1 1, 8, 9, 10, 11
Descriptive statistics: Graphical descriptive Chapter 2 (2.1)
methods for summarizing data Chapter 3 (3.1, 3.4)
2. Descriptive statistics: Graphical descriptive Chapter 4 (4.1-4.3) 1, 8, 9, 10, 11
methods for summarizing data
3. Descriptive statistics: Numerical Ch. 5 (5.1-5.4) 1, 8, 9, 10, 11
descriptive measures for summarizing data
B. Probabilty
4-5. Probability Ch. 6(6.1-6.5) 3, 8, 9, 10, 11
6-7. Random variables and discrete probability Ch. 7 (7.1-7.3, 7.6) 4, 8, 9, 10, 11
distribution
7-8. Continuous probability distributions Ch. 8 (8.1-8.3) 4, 8, 9, 10, 11
Midterm
C. Inferential statistics
9. Sampling distribution of sample mean and Ch.9 (9.3-9.5) 2, 8, 9, 10, 11
proportion
10-11. Estimation: Describing a single population Ch. 10 (10.2-10.5) 2, 5, 8, 9, 10, 11
11. Estimation: Comparing two populations Ch. 11 (11.1-11.4) 6, 8, 9, 10, 11
12-13. Hypothesis testing: Describing a single Ch. 12 (12.1-12.6) 5, 8, 9, 10, 11
population
13. Hypothesis testing: Comparing two Ch. 13 (13.1-13.3) 6, 8, 9, 10, 11
populations
14-15. Simple linear regression and correlation Ch. 17 (17.1-17.6) 7, 8, 9, 10, 11
Final Exam

IX. Assessment methods:

No Assessment items Value Due date Notes

1. Formative assessment 20%
- Class attendance
- Home Assignment
2. Midterm exam/Quick exam 20% 1-hour written exam/30 minute
exam

3. Final exam 60% 2-hour written exam

Total 100%

Note: Students achieve less than 80% class attendance and participation will not be able to

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 take the final exam.

X. Policies and other requirements:

Requirements during lecture:

- Be on time;
- Complete the assigned readings before class meetings;
- Actively involve in the lecture, no personal affairs or discussions outside of course
materials are allowed during the lecture;
- No cellphones or personal computers are allowed during lecture;
- Limit the time stepping out of the classroom.
Requirement during discussion/case study/group study:
- Actively participate in group discussion activities, contribute to the groups;
- Are allowed to use personal computers and cellphones to find information regarding
the course materials and the assignments.
Other requirements:
- Plagiarism is prohibited under any circumstances. Students who commit plagiarim
are subjected to failure of the class and possible dismissal from the university;
- Follow the procedures during the exams;
- Follow the policies by International School, Vietnam National University-Hanoi.