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Buitems - 2014 - Course Content

This document outlines the course objectives and content for STAT-209 Descriptive Statistics, a 3 credit course offered at Balochistan University of Information Technology Engineering and Management Sciences. The course is designed to introduce statistical concepts and techniques useful for students of economics. It aims to enhance students' ability to apply statistics to solve economic problems and improve their quantitative skills. The course covers topics such as frequency distributions, measures of central tendency and dispersion, index numbers, regression, correlation, time series analysis, and trend analysis. Required and reference textbooks are also listed.

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324 views2 pages

Buitems - 2014 - Course Content

This document outlines the course objectives and content for STAT-209 Descriptive Statistics, a 3 credit course offered at Balochistan University of Information Technology Engineering and Management Sciences. The course is designed to introduce statistical concepts and techniques useful for students of economics. It aims to enhance students' ability to apply statistics to solve economic problems and improve their quantitative skills. The course covers topics such as frequency distributions, measures of central tendency and dispersion, index numbers, regression, correlation, time series analysis, and trend analysis. Required and reference textbooks are also listed.

Uploaded by

aytareen
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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BALOCHISTAN UNIVERSITY OF INFORMATION

TECHNOLOGY ENGINEERING AND


MANAGEMENT SCIENCES

STAT-209
DESCRIPTIVE STATISTICS
3 + 0 Cr
The course is designed to give presentation of statistical concepts, principals and techniques
most useful for students of Economics. The main objectives of the course are to enhance
students competency in application of statistics to solve Economic problems and to improve
their level of quantitative sophistication for further advanced Economics and business analysis.
1. Introduction to Statistics
1.1 Illustrative Statistical Problems
1.2 The Population and the Sample
1.3 Descriptive and Inferential Statistics
1.4 The parts of an Inferential Statistics
1.5 The Statistics and Business Decision Making
2. Describing Sets of Measurements

3.

4.

5.

6.

7.

8.

2.1 Introduction
2.2 Frequency Distributions
2.3 Graphical Methods of Presenting the Data
2.4 Numerical Descriptive Methods
Measures of location
3.1 Mean (Arithmetic Mean, Harmonic Mean, Geometric Mean)
3.2 Median and Mode
3.3 Quartiles
3.4 Deciles and Percentiles
Measures of Dispersion
4.1 Range
4.2 The Semi-Inter-quartile Range
4.3 The Mean Deviation
4.4 Variance and Standard Deviation
Index Numbers
5.1 Introduction of Index Numbers
5.2 Un-weighted Index Numbers
5.3 Weighted Index Numbers
5.4 Quality and Value Indices
Linear Regression and Correlation
6.1 Introduction
6.2 Simple Linear Regression Model
6.3 Estimation Using Straight Line
6.4 The Method of Least Squares
6.5 Making Inferences about Population Parameters
6.6 Using Regression and Correlation analysis
Multiple Regression and Correlation
7.1 Multiple Regression and Correlation Analysis
7.2 Estimation of Multiple Regression Equation
7.3 Curvilinear Regression Equation
Time Series Analysis
8.1 Time Series Components
8.2 Linear Trends
8.3 Quardratic Trend Equations
8.4 Comparing Trend Fits
8.5 Exponential Trend
51 | P a g

8.6 Measuring Trend, Cyclical and Seasonal Variations


TEXT BOOKS
1.
Levin I. Richard Statistics for Management, 4th Edition
2.

Mendenhall, William Statistics for Management and Economics, 7th Edition

REFERENCE BOOKS
1.
Michael J. Evans & Jeffrey S. Rosenthal, Probability and Statistics , WH
Freeman
2.
Starr K. Martian & Sobal Gross Marion, Statistics for Business and Economics,
1st Ed; New York, McGraw Hill, International, 1983.

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