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    Business Statistics Book 23 Sep 2023

    Uploaded by

    Agang Kanyane
    The document outlines topics in statistics including introduction, ungrouped and grouped data, basic probability, probability distributions, simple linear regression analysis, time series analysis, and statistics for decision making. It also describes student assessment which will be based on continuous assessment and a final examination.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Business Statistics Book 23 Sep 2023

    Uploaded by

    Agang Kanyane
    33 views2 pages
    The document outlines topics in statistics including introduction, ungrouped and grouped data, basic probability, probability distributions, simple linear regression analysis, time series analysis, and statistics for decision making. It also describes student assessment which will be based on continuous assessment and a final examination.

    Original Title

    Business statistics Book 23 Sep 2023

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    © © All Rights Reserved

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    The document outlines topics in statistics including introduction, ungrouped and grouped data, basic probability, probability distributions, simple linear regression analysis, time series analysis, and statistics for decision making. It also describes student assessment which will be based on continuous assessment and a final examination.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    33 views2 pages

    Business Statistics Book 23 Sep 2023

    Uploaded by

    Agang Kanyane
    The document outlines topics in statistics including introduction, ungrouped and grouped data, basic probability, probability distributions, simple linear regression analysis, time series analysis, and statistics for decision making. It also describes student assessment which will be based on continuous assessment and a final examination.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Content/Topics 1.

    Introduction
    • Why learn Statistics?
    • Statistics in Business
    • Types of Statistics
    • Basic vocabulary of Statistics
    • Identifying types of variables
    • Organization & visualization of data.

    2. Ungrouped and Grouped data


    • Measures of central tendency
    • Measures of variation

    3. Basic Probability
    • Basic probability concepts
    • Definition and types of probability.
    • Basic laws of Probability(addition and multiplication
    laws)
    • Conditional probability
    • Counting techniques: Permutations and Combinations

    4. Probability Distributions
    • Discrete random variables: probability distribution
    functions
    • Binomial probability distribution
    • Poisson probability distribution
    • Normal and other continuous distributions. ·

    5. Simple Linear Regression Analysis (SLRA)


    • Types of Relationships (Linear)
    • Types of Regression Models
    • Assumptions of Regression Analysis
    • Objectives of SLRA
    • Ordinary Least Square Method (OLSM)
    • Correlation Analysis
    • Spearman 's Rank Correlation Coefficient

    ·_7
    j

    6. Time Series Analysis


    • Components of Time Series
    • Decomposition of Time Series
    • Moving Average Method
    • Exponential Smoothening

    7. Statistics for contemporary decision making


    • Decision Analysis

    of Continuous
    Assessment/ Admission The student will be assessed on the basis
    ation of mark s
    to Examinations Assessment and the final examination. The alloc
    will be as follows:
    Continuous assessment - 40 %
    • Final examinations - 60%
    inations they
    For students to be eligible to sit for final exam
    should meet all of the following requirements:
    ns
    i. Must attend a minimum 75% of scheduled lesso
    onents of
    ii. Must submit the requirements of all comp
    continuous assessment as follows:
    a. 2 Assignments 13%

    b. 1 Test 14%

    C. Mid-term examination 13%

    modules uses
    Student will be informed where assessment for
    different criteria.

    Required Resources Prescribed Text:


    Lecture Notes on
    Ramanathan, T. V. & Sediakgotla, K. (2003).
    Gaborone.
    Introductory Business Statistics, Bay Publishers,

    : Methods and
    Wegner, T. (2010). Applied Business Statistics
    Applications.

    Study Guide 2
    Steffens, F. E. & Botha, M. (2002). Data Analysis

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