Brief Course Description
1. Course Title:
Statistics for Business
2. Language of Instruction:
Tiếng Anh
3. Course Code:
MAT102
4. Credits:
4
5. Course Objectives:
"Visualize and statistically describe data, including discussion of tables, charts and basic measures of central tendency and variability
Understand common probability distributions, particularly the Normal distribution, and how to calculate and interpret the mean, variance, and standard deviation of a distribution.
Understand sampling distributions, biased and unbiased estimates,
and the Central Limit Theorem.
Calculate and interpret confidence intervals for population means
and determine the appropriate sample size to obtain a confidence interval.
Understand the principles of hypothesis testing and hypothesis testing to test a mean or variance.
Use regression analysis to predict the value of a dependent variable.
Understand some applications of statistics in business.
Perform statistical analysis operations using statistics software like Mega Stat, Stata"
6. Brief Description of Course Content:
This unit provides an introduction to statistics concepts and techniques for analyzing economic and business problems. The unit will focus on practical business applications of statistical theory and methods. Topics covered include exploratory data analysis, probability, statistical distributions, sampling and sampling distributions, confidence intervals, hypothesis testing, and regression. Students will be exposed to these topics and how each applies to the business environment. The unit is aimed to develop students’ quantitative reasoning skills and ability to solve statistical problems using both manual computations and statistical software.