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Out_Fall_2011

# Out_Fall_2011 - Course Outline STA 2023-05 Statistics for...

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Course Outline STA 2023-05: Statistics for Business and Economics Fall 2011 Instructor Dr. B. M. Golam Kibria Office DM 402B Phone (305) 348-1419 Email Web page http://www2.fiu.edu/~kibriag/stat2023/ Class Time and Place : Monday and Wednesday, 6:25 PM to 7:40 PM @ PC 424. Office Hours : Monday and Wednesday, 3:00 PM to 4:30 PM or by appointment @ DM 402B. Prerequisite : High School Algebra. Text: Text: STATISTICS for Business and Economics by J. T. McClave, P. G. Benson, and T. Sincic h, Custom Edition For Florida International University soft cover version 11th edition, packaged with MyStatLab Access Code, ISBN: 978-0-558-76399-2 Course Descriptions : Introduction to probability; descriptive and inferential statistics; discrete and continuous distributions; estimation and hypothesis testing. Coverage: Chapter 1 – sections 1, 2, 3, 5, 6, 7 Chapter 2 – sections 1, 2, 3, 4, 5, 6, 7, 11 Chapter 3 – sections 1, 2, 3, 4, 5, 6, 7 Chapter 4 – sections 1, 2, 3, 4 (Poisson) Chapter 5 – sections 1, 2 Chapter 6 – sections 1, 2, 3 Chapter 7 – sections 1, 2, 3, 4 Chapter 8 – sections 1, 2, 3, 4, 5, 6

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The details about the courses are as follows: 1. Statistics as a science : Definition. Basic statistical terminology. Populations and samples. Types of data. The role of statistics in managerial decision making. 2. Descriptive Statistics : Statistical tables and graphs. Measures of central tendency. Measures of variability. Interpreting the standard deviation. Measures of relative standing. 3. Probability : Role of probability in statistics. Experiments and experimental outcomes. Sample space, union, intersections, and complements of events. Mutually exclusive events, independent events, and conditional probability. Additive and multiplicative rules. Random sampling.
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