Nadeem Shafique Butt

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Statistics for Managers

Courses

Statistics for Managers
Statistics is a field study concerned with gathering, transforming and analyzing data for the purpose of making intelligent statements and drawing appropriate decisions. This course has been designed for Business students  so that they can apply their knowledge of Statistics in many practical situations. The purpose of this course is to provide you with a strong background in statistical principles. Our emphasis will be on learning how to be an intelligent "consumer" of  statistics, rather than on how to become a statistician.

Topiscs to be covered:


Understanding Statistics and method of describing  data
Understand how statistics is used in business
Understand the different measurement scales
Organize numerical data
Develop tables and charts for numerical data
Develop tables and charts for categorical data
Understand the principles of proper graphical presentation
Describe the properties of central tendency, variation, and shape of data
Construct and interpret a box-and-whisker plot
Calculate descriptive summary measures from a population
Application through SPSS

Introduction to Probability and Testing of Hypothesis
Understand basic probability concepts
Understand the basic principles of hypothesis testing
Use of hypothesis testing to test a mean
Use of hypothesis testing for comparing the difference between the means
Use of hypothesis testing for related samples
Use of one-way analysis of variance to test for differences among the means of several groups

Determining and testing  Relationships/Associations
Pearson’s Correlation
Simple Linear Regression
Multiple Linear Regression
Chi-Square test of Association

Assignment 1

Assignment 2
Assignment 3
Assignment 4

Case Studies: Database, Database , Database, Cards, Groups, Loan

Reference Books:
you can learn Statistics, 2nd Edition, by David M. Levine and David F. Stephan
Statistics for Managers, 4 th Edition by Levine, Stephan and Berenson.
Middleton, Decision Analysis Using Microsoft Excel, April 2007
Middleton, Data Analysis Using Microsoft Excel: Updated for Office XP
Introduction to Practice of Business Statistics, 6th Edition, by David Moore
Statistics for Business and Economics, 7th Edition, by McClave, Benson and Sincich


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