Courses Catalogue

Business Statistics

COURSE CODE: STA 2101
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Business Administration (Finance & Banking)
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Content and Outline

COURSE CONTENTS

Introduction

  • Definition of business statistics

Organization of data

  • Construction of tables
  • Graphs
  • Types of graphs and their purpose
  • Pie charts and all types of pie charts.

Measures of variability/dispersion

  • The variance
  • Standard deviation

Set theory

  • Basic set concepts
  • Purpose of understanding sets

Time series analysis/components

  • Time series components
  • The importance of time these components in the economy as per determining the business cycle flow.

Probability theory

  • Exponential
  • Types of events.

Normal/binomial distribution

  • Z-scores
  • Skewness
  • kurtosis

T-tests and chi-square tests

Data collection methods

  • Sampling techniques
  • Purpose of data collection.

 

MODE OF DELIVERY

  • Lectures
  • Reading assignments
  • Practical assignments
  • Field trips
  • Documentaries

INSTRUCTIONAL MATERIALS AND / OR EQUIPMENT

·         Whiteboard and Markers

·         Flip Charts

·         LCD Projectors

·         CDs, DVDs and Tapes