Revised: 16/12/2015

INTI INTERNATIONAL UNIVERSITY

COURSE STRUCTURE

PROGRAMME: BACHELOR OF BUSINESS (HONS.)

1. NAME OF COURSE/MODULE: BUSINESS STATISTICS

2. COURSE CODE: STA2204

3. RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME:

Statistics provides techniques and procedures to transform data in ways that are useful for business decision makers.
This course will equip students with knowledge in data analysis using concepts of statistics.

4.
Total Face to Face Total Student
Independent Learning
STUDENT LEARNING TIME (SLT) Time
L T P O A OL IL
L = Lecture 24 14 0 4 6 14 70
T = Tutorial
P = Practical(Lab)
O = Others
A = Assessment
OL = Online learning
IL = Independent learning

6. CREDIT VALUE: 3

7. PREREQUISITE: STA2203 Quantitative Methods for Business

8. LEARNING OUTCOMES:

On completion of the course, students will be able to:

1. Solve problems involve discrete random variable and probability distributions.
2. Apply concepts of statistical inference that emphasizes on estimation and hypothesis testing of proportion, means,
variances and test on the significance of coefficient of correlation.
3.Calculate and interpret linear regression line, coefficient of correlation, coefficient of rank correlation,
unweighted and weighted index numbers.
4. Analyze time series by determining trend and seasonal component and use it for forecasting.

9. SYNOPSIS:

This course consists of topics from probability distributions, statistical inferences, forecasting techniques and index
numbers. Probability distributions cover binomial distribution, Poisson distribution, and normal distribution.
Statistical inferences emphasize on estimation and hypothesis testing of large and small samples. Concepts of simple
linear regression and correlation as well as time-series are covered under forecasting techniques. In addition,
students also learn how to describe and construct various index numbers.

10. MODE OF DELIVERY: Lectures and tutorials. Lectures are conducted both face-to-face and online.

11. ASSESSMENT METHODS AND TYPES:

Method Types Weightage (%)

Continuous Assessment Test 1 10
Test 2 10
Assignments/quizzes 40
Summative Assessment Final examination 40
 Revised: 16/12/2015

12. CONTENT OUTLINE OF THE COURSE/MODULE AND THE SLT PER TOPIC:

Total
Sessions Topics LO L T P OL
O A IL
1–4 Discrete Probability Distributions 1 4 2 2 4 6 70
Random variables. The Mean,
variance, and standard deviation of a
discrete probability distribution.
Binomial probability distribution.
Poisson probability distribution
5&6 Continuous Probability 1 2 1 1
Distributions
The family of normal probability
distributions. The standard normal
probability distribution.
7&8 Estimation and Confidence 2 2 1 1
Intervals
A confidence interval for a
proportion. Choosing an appropriate
sample size.
9 & 10 Nonparametric Methods: Nominal 3 2 1 1
Level Hypothesis Tests
Test a hypothesis of a population
proportion.
11 – 14 Two-Sample Tests of Hypothesis 3 4 2 2
Two-sample tests of hypothesis:
independent samples. Comparing
population means with unknown
population standard deviations. Two-
samples tests of hypothesis:
dependent samples.
15 – 18 Analysis of Variance 3 2 2 2
Introduction. Comparing two
population variances. ANOVA:
Analysis of variance.
19 & 20 Index Numbers 4 2 1 1
Simple index numbers. Unweighted
indexes. Weighted indexes. Shifting
the base.
21 & 22 Correlation and Linear Regression 4 1 1 1
What is correlation analysis? The
correlation coefficient. Testing the
significance of the correlation
coefficient. Regression analysis.
23 & 24 Nonparametric Methods: Analysis 4 1 1 1
of Ordinal Data
Rank-order correlation.
25 – 28 Time Series and Forecasting 5 4 2 2
Components of a time series. A
moving average. Seasonal variation.
TOTAL 24 14 0 14 4 6 70

Learning Outcome (LO), Lecture (L), Tutorial (T), Practical (P), Other (O), Assessment (A), Online Learning (OL),
Independent Learning (IL).
 Revised: 16/12/2015

13. MAIN REFERENCE(S) SUPPORTING COURSE:

 Lind, DA, Marchal, WG, & Wathen, SA. Statistical Techniques in Business and Economics. 16 th ed.,
McGraw Hill, 2015.

ADDITIONAL REFERENCES:
 Keller, G. Statistics for Management and Economics. 10th ed., Cengage, 2014.
 Bowerman, BL & O'Connell, RT. Business Statistics in Practice. 7th ed., McGraw Hill, 2014.
 McClave, JT, Benson, PG & Sincich, T. Statistics for Business and Economics. 12th ed., Pearson, 2014.
 Curwin, J & Slater, R. Quantitative Methods for Business and Economics. 7 th ed., Thomson Learning
EMEA, 2013.
 Mann, PS. Introductory Statistics. 8th ed., Wiley, 2013.

14. OTHER ADDITIONAL INFORMATION:

Final Examination Format

Duration: 2 hours
Answer any FOUR out of SIX structure type questions.

Grading Scale
A+ (90-100), A (80-89), A- (75-79), B+ (70-74), B (65-69), B- (60-64), C+ (55-59), C (50-54), C- (45-49),
D (40-44), F (0-39)