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    MAT240 - Business Statistics - Introduction

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    MAT240 - Business Statistics - Introduction

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    MAT240 - Business Statistics - Introduction

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    Business Statistics Introduction 1/4

    Math 240: Business Statistics

    Friday 08:30 - 11:30 (September – December 2024), Room 509-B2

    Lecturer: Haidang Phan (Phan Hải Đăng) haidangphan.vn@vnu.edu.vn


    Teaching assistant: Hoang Ngoc Quy ngocquygtvtk52@gmail.com

    VNU University of Engineering and Technology

    Research interests: Ultrasound and applications, Mathematical modelling


    Business Statistics Introduction 2/4

    Course description
    • MAT 240 is an introductory statistics course with an emphasis on business
    applications. In this course, students will learn how to apply a number of
    statistical techniques to different business settings. Students will learn how to
    solve statistical problems by hand and through the use of Excel and Stata.
    • Topics will include descriptive statistics, probability distributions, estimation,
    hypothesis testing, analysis of variance, and linear regression.

    Objectives
    Upon completion of MAT 240, students will be able to demonstrate the following:
    • Solve problems involving discrete and continuous probability distributions.
    • Apply the Central Limit Theorem and recognize its importance in sampling.
    • Calculate and interpret confidence intervals
    • Construct and interpret a variety of hypothesis tests.
    • Calculate and interpret a simple linear regression equation and the associated
    correlation coefficient.
    • Interpret a multiple linear regression equation and the associated tests of
    significance.
    • Solve statistical problems using Excel, Stata, MegaStat
    Business Statistics Introduction 3/4

    Tentative class schedule

    Week Lectures / Exercise Session Chapter


    1 Data Collection 1
    2 Organizing and summarizing data 2
    3 Numerically Summarizing data 3
    4 Numerically Summarizing data 3
    5 Describing the relationship between two variables 4
    6 Probability 5
    7 Probability Quiz 1 5
    8 Discrete Probability Distributions 6
    9 The normal probability distribution 7
    10 Sampling Distributions 8
    11 Midterm Exam (Oral Test)
    12 Estimating the Value of a Parameter 9
    13 Hypothesis Tests Regarding a Parameter 10
    14 Teamwork and Presentation Skills (or Quiz 2)
    15 Review for Final Exam (Multiple Choice / Written Test
    Business Statistics Introduction 4/4

    Textbook
    • Sullivan, M., Statistics: Informed Decisions Using (5th Edition), Pearson

    Student evaluation
    • Class Attendance / Homework 10%
    • Quiz 1 15%
    • Midterm 25%
    • Teamwork and Presentation Skills (or Quiz 2) 15%
    • Final Exam 35%

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