COURSE OUTLINE

INTRODUCTION TO STATISTICS
Class: BBA
Course: MTS 102-Introduction to Statistics
Class # 50298 & 50299
Instructor: Prof. Dr. Muhammad Jawed Iqbal

Class details

Friday & Saturday

Session Day(s)

Credit Hours: 3 Credit Hours

Email javiqbal@uok.edu.pk mjiqbal@iba.edu.pk

Contact # 03007037848

Class Timing: Class # 50298 Fri & Sat 08:30 to 09:45

Class Timing /
Class # 50299: Fri & Sat 10:00 to 11:15
Counseling Hours:
Counseling Hours: Sat 11:15-12:00

Office Location Faculty Room

Course Description

This is an introductory course in statistics designed to provide students with the basic concepts of data
analysis and statistical computing. This course introduces principles of statistical analysis and methods of data
collection, presentation and summarization of qualitative and quantitative data. The course describes the
fundamental concept of descriptive and inferential statistics, types of data, sources of data, presentation of data
through various tables and charts and summarization of data using various descriptive measures. Moreover, the
course discusses the principles of probability theory and random variables. Different probability rules are also
illustrated e.g. addition rule, multiplication rules, conditional and marginal probabilities, Bayes Theorem. After
discussing some general ideas of random variables, the course focuses on a detailed discussion of some standard
probability distributions including Binomial, Poisson and Normal Distributions.

Course Objective

This course aims to enhance student’s skills in analyzing qualitative and quantitative data. At the end of this
course, students should be able:
 To Demonstrate their understanding of descriptive statistics by practical application of quantitative
reasoning and data visualization
 To apply various descriptive statistical techniques for analyzing qualitative and quantitative data.
 Present and summarize data through various tables and graphs.
 Use SPSS (statistical software) for analyzing qualitative and quantitative data.
Text Book:

Neil A Weis (2012) Introduction to Statistics by Neil A. Weiss, 9th edition

Reference Books

Anderson, Sweeney and Williams (2011). Statistics for Business and Economics
(11th Edition). South-Western Cengage Learning
Walpole, Myers and Myers and Ye (2012 ) Probability and Statistics for Engineers and Scientists
(9th Eition). Prentice Hall. (Walpole)

Tentative Teaching Plan

(1) Nature of Statistics

What is statistics? Difference between descriptive and inferential statistics, significance and applications
of statistics, introduction to key terms, population, sample, sampling, census, sampling methods,
parameter and statistic

(2) Data and its Classification

Data and its types, qualitative and quantitative data, discrete and continuous data, organization of data,
frequency distribution, class boundaries, cumulative, relative and percentage relative frequency
distributions, histogram, frequency curve, frequency polygon, ogives, stem and leaf graph, box graph.
Two way and three way classification. Diagrammatic presentation. Conducting a live survey using any
computer based tool.

(3) Measure of central tendency

Arithmetic mean and its properties, properties of ideal average, combined and weighted arithmetic mean.
median and mode. Empirical relation between mean, median, and mode. Quartiles, deciles, and
percentiles. Using SPSS for descriptive measures

(4) Measure of Dispersion

Concept of dispersion, range, mean absolute deviation, variance & standard deviation, and quartile
deviation. Relative measure of dispersion, coefficient of variation. Using SPSS for descriptive measures

(5) Skewness and Kurtosis

Skewness, Kurtosis symmetrical distribution and other shapes

(6) Correlation and Regression Analyses

Simple correlation, scatter plot, properties of correlation, coefficient of determination, probable error.
Concept of regression models, slope and intercept, simple linear regression of Y on X and X on Y.
Multiple correlation and regression. Multiple regression. Assumptions of multiple regression. Using SPSS
for correlation and regression.
(7) Probability Theory

Set theory, combinatorial analysis, fundamental law of product, permutation, distinguishable permutation,
circular permutation, combination, sample space, events and its types, simple events, composite events,
sure events, mutually and non mutually exclusive events, independent and dependent events, collective
exhaustive events, definition of probability, additive law of probability, conditional probability, bayes
theorem.

(8) Random variables and probability distribution

Random variable, probability distribution, mean and variance of probability distribution, concept of
mathematical expectation. Discrete and continuous probability distribution. Concept of pdf and cdf
Bernoulli trials, binomial experiment, binomial probability distribution, Poisson distribution its mean and
variance, normal probability distribution, standard normal distribution, properties of normal probability
distribution, computation of area using normal probability table. Using SPSS for computing these
probabilities.

(9) Time Series Analysis

Introduction to time series, graph of time series, various components of time series, Trend, Seasonal,
cyclical, and random variation, different methods of finding trend and seasonal variations. De-
personalization of data

GRADING POLICY (Tentative)

Mid –Term Exam 30%

Quizzes 10%

Assignments 10%

Final Exam 50%