ClassNotes-Chapter-00

ClassNotes-Chapter-00 - [Edited 1/5/09] BUS 271 Business...

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[Edited 1/5/09] BUS 271 Business Statistics I Fall Semester 2011 We will cover the following topics: Chapter 1: Introduction. Chapter 2: Descriptive statistics: graphical methods. Chapter 3: Descriptive statistics: numerical methods. [Exam #1] Chapter 4: Probability and probability distributions. Chapter 5: Discrete probability distributions Chapter 6: Continuous probability distributions [Exam #2] Chapter 7: Sampling and sampling distributions. Point estimation. Chapter 8: Interval estimation. Chapter 9: Hypothesis testing. [Exam #3] Chapter 12: Simple linear regression. [Exam #4 (comprehensive final)]
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[0.1] A short description of the textbook chapters we will cover. Chapters 1-3 constitute a simple and gentle introduction to statistics. Chapter 1: Introduces the subject of statistics, the concept of “data” and the different kinds of data possible, the distinction between a population and a sample, and the notion of proper sampling techniques. Chapter 2: Descriptive statistics in the form of graphical tools. Chapter 3: Descriptive statistics in the form of numerical calculations. Chapters 4-6 contain various theoretical background material necessary to understand chapters 7-9 and 12. Chapter 4: Probability theory : we cover simple probability theory related to random experiments (flipping coins, rolling dice, lottery drawings), including some simple set theory and logic, and then extend it to assessing the probability of outcomes in more complex scenarios. Chapter 5:
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ClassNotes-Chapter-00 - [Edited 1/5/09] BUS 271 Business...

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