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SUKKUR IBA UNIVERSITY

Faculty of Business Administration

STATISTICAL INFERENCES (MTS202)

Programs & Class: BBA-V Section: D Semester: Fall 2022


Credit Hours: 3 Instructor: SAEED AHMED MIRANI
Associate Professor of Statistics
Mobile# 0300-3109885
E-mail saeed@iba-suk.edu.pk
Pre-requisite Courses: 1. Business Statistics

Evaluation
1. Class exercises/Quizzes 10%
2. Assignments 10 %
3. Mid-Term Examinations 30 %
4. Final Examination 50 %

Text Book:

1 Introductory Statistics By: Neil A. Weiss 9th edition

Reference Books:

1 Statistics By: Sanders Latest edition available

Digital & Web Resources:


1. http://www.awl\weiss.com

Course Objectives:
Using and understanding Statistics or statistical procedures have become required skills virtually
every profession and every academic discipline. The purpose of the subject is to help students
grasp basic statistical concepts, techniques and in order to make generalization for decision. For
example, business analyst can forecast demand of a product for entire target population on basis of
sample data

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Outcomes:

At the end of this course students should be able to:


1. Understand and apply statistical methods efficiently.
2. They will develop statistical thinking.
3. Using technology for developing conceptual understanding and analyzing data.
4. They should be able to use inferential methods in business and research.

Session / Week wise Details:

Date
Session Assignments/ Suggested
/ Topics
No. Quizzes Readings
Week
01-04 Week PROBABILITY CONCEPTS Introductory
01 Statistics 9th
 Probability Basics Edition
Ch#4 & 6
THE NORMAL DISTRIBUTION
 Introducing Normally Distributed
Variables
 Areas Under the Standard Normal Curve

05-8 Week CONFIDENCE INTERVALS FOR ONE Introductory


02 Statistics 9th
POPULATION MEAN Edition
 Estimating a Population Mean Ch#8
 Confidence Intervals for One Population
Mean When Population Standard deviation
is known.

09-12 Week  Margin of Error Introductory


03 Statistics 9th
 Sample size Edition
 Confidence Intervals for One Population Ch#8
When Population Standard deviation is
Unknown

HYPOTHESIS TESTS FOR ONE POPULATION Assignment


MEAN No: 1
13-16 Week Introductory
04  The Nature of Hypothesis Testing Statistics 9th
 Terms, Errors, and Hypothesis Edition
Ch#9
 Critical-Value Approach to Hypothesis
Testing
 P-Value Approach to Hypothesis Testing
 Hypothesis Tests for One Population
When σ is Known
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17-20 Week  Hypothesis Tests for One Population Mean Introductory
05 Statistics 9th
When σ is Unknown Edition
 Type II Error Probabilities; Power Ch#9
 Which Procedure Should Be Used
21-24 Week INFERENCES FOR THE TWO POPULATION Assignment Introductory
06 No. 2 Statistics 9th
MEANS Edition
 The Sampling Distribution of the Ch#10
Difference Between Two Sample Means
for Independent Samples
 Inferences for Two Population Means
Using Independent Samples (Standard
Deviation Assumed Equal)
25-28 Week  Inferences for Two Population Means Introductory
07 Statistics 8th
Using Independent Samples (Standard Edition
Deviation Not Assumed Equal) Ch#10
 Inferences for Two Population Mean Using
Paired samples

29-32 Week Review of chapter 10 Quiz of Introductory


08 Sessions 15 & Statistics 9th
Edition
16 Ch#10

33-36 Week INFERENCES FOR POPULATION STANDARD Introductory


09 Statistics 9th
DEVIATIONS Edition
 Inferences for One Population Standard Ch#11
deviation
 Inferences for Two Population
Proportions, Using Independent Samples

Mid Term
37-40 Week INFERENCES FOR POPULATION Quiz# 1 Introductory
10 Statistics 9th
PROPORTIONS Edition
 Confidence Intervals for One Population Ch#12
Proportion
 Hypothesis Tests for One Population
Proportion

41-44 Week  Inferences for Two Population Introductory


11 Statistics 9th
Proportions Using Independent Samples Edition
Ch#12

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45-48 Week CHI-SQUARE PROCEDURES Introductory
12 Statistics 9th
 The Chi-square Distribution Edition
 Chi-square Goodness-of-fit Test Ch#13

Week  Contingency Tables; Association Introductory


49-52 13 Statistics 9th
 Chi-square Independence Test Edition
Ch#13
53-56 Week DESCRIPTIVE METHODS IN REGRESSION Introductory
14 Statistics 9th
AND CORRELATION Edition
 Linear Equation with One-independent Ch#14
Variable
 The Regression Equation
 The Co-efficient of Determination

57-60 Week INFERENTIAL METHODS IN REGRESSION Introductory


15 Statistics 9th
AND CORRELATION Edition
 The Regression Model; Analysis of Ch#15
Residuals
 Interfaces for the Slope of the Population
Regression Line
 Estimation and Predication
60-64 Week ANALYSIS OF VARIANCE (ANOVA) Introductory
16 Statistics 9th
 The F-distribution Edition
 One-way ANOVA: The Logic Ch#16
 One-way ANOVA: The Procedure

Final Term

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