STATISTICS
Week 1
Introduction : Data and Statistics
Topics
1. Introduction : Data and Statistics
2. Descriptive Statistics
3. Introduction to Probability
4. Discrete Probability Distributions
5. Continuous Probability Distributions
6. Sampling and Sampling Distributions
7. Interval Estimation
8. Hypothesis Tests
9. Analysis of Variance
10. Simple Linear Regression
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References
• Anderson, David R., Sweeney, Dennis J., Williams, Thomas A.
(2011). Statistics for Business and Economics. 11. Cengage
Learning. USA. ISBN: 978-0538481649.
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Evaluating and Grading
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Learning Outcomes
• LO 1: Explain the data and statistics
• LO 2: Calculate the statistical measurements
• LO 3: Interpret the results of statistical measurements
• LO 4: Apply statistical method to the real problem
• LO 5: Analyze the suitable decision from statistical method solution
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Learning Outcomes :
(1) Explain the data and statistics
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Topics :
1. Data
2. Statistics
3. Applications in Business and Economics
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1. DATA
1. DATA
• Data are the facts and figures collected, analyzed, and summarized for
presentation and interpretation
• All the data collected in a particular study are referred to as the data set
for the study
Example : Table 1 shows a data set containing information for 25 companies
that are part of S&P 500. The S&P 500 is made up of 500 companies selected by
Standard&Poor’s. These companies account for 76% of the market capitalization
of all U.S.stocks. S&P 500 stocks are closely followed by investors and Wall
Street analysts.
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1. DATA
1. Data Set for 25 S&P 500 Companies
Source : Anderson, David R., Sweeney, Dennis J., Williams, Thomas A. (2011). Statistics for
Business and Economics. 11....