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Middle East Technical University Department of Business Administration BA1502

This document outlines the course description, objectives, requirements and schedule for BA1502, a business statistics course at Middle East Technical University. The course will introduce students to basic statistical concepts and methods essential for business decision making. Students will learn to collect, organize and analyze data, estimate population parameters from samples, and use statistics to inform management decisions. Requirements include homework assignments, a midterm exam, and a final exam. Upon completing the course, students should understand how statistics are used in business and be able to apply statistical analysis.

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85 views3 pages

Middle East Technical University Department of Business Administration BA1502

This document outlines the course description, objectives, requirements and schedule for BA1502, a business statistics course at Middle East Technical University. The course will introduce students to basic statistical concepts and methods essential for business decision making. Students will learn to collect, organize and analyze data, estimate population parameters from samples, and use statistics to inform management decisions. Requirements include homework assignments, a midterm exam, and a final exam. Upon completing the course, students should understand how statistics are used in business and be able to apply statistical analysis.

Uploaded by

zeynep
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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MIDDLE EAST TECHNICAL UNIVERSITY

Department of Business Administration


BA1502

Instructor: Professor Özlem Özdemir


Office: FEAS B Building H117
Phone: (312) 210 3061
Email: [email protected]

Course Description:
This course covers basic statistical concepts and methods. Knowledge and proper usage of
statistics are essential in all areas of business to reach informed decisions. The emphasis will
be on interpretation of results rather than raw computations. However, computations will be
overviewed to understand the results and identify the shortcomings of the method/data set
used. Hence, managerial decisions can be made by using and understanding some basic
statistical tools.
Learning Objectives:
Upon successful completion of the course, you should be able to:
 Understand the usage of statistics in business
 Understand the basic concepts of business statistics
 Collect, organize, present, and describe data
 Estimate and infer population by analyzing a sample
 Use statistical methods to apply management decisions.

Main Textbook:
Black, Ken (2012). Applied Business Statistics: Making Better Business Decisions. 7th
Edition. Wiley.

6th edition is available online.

Helpful Books:
Online book
McEvoy, David M. (David Michael), A guide to business statistics / Hoboken, NJ : John
Wiley & Sons, Inc., 2018.
https://onlinelibrary.wiley.com/doi/book/10.1002/9781119447054

Available at METU Library

Author Donnelly, Robert A. Author


Title Business Statistics / Robert A. Donnelly.
Publication Info. Rugby : Pearson Education, Limited 2015
Location Call No. Barcode Status
 3rd Floor A Block  HF1017 .D646 2015    255070201061408651  AVAILABLE

Course Requirements:

1
Attendance is highly recommended, as part of the grading is based on class participation and
discussion of the assignments. There will be one midterm and a final exam. In addition, the
student is responsible for all material in the assigned readings, homework, handouts, and class
discussions.

Grading:
Midterm exam 30%
Homeworks (HMW) 20%
Final Exam 50%

TENTATIVE COURSE SCHEDULE

1 What Is Statistics
2 Visualizing the Data- HMW 1
3 Describing Data Through Statistics- HMW2
5 Discrete Probability Distributions- HMW3
6 Continuous Probability Distributions- HMW 4
7 Distributions of the Sample Mean,Sample Proportion and Sampling Techniques- HMW5
Midterm Exam
8 Estimating Parameters for Single Populations-HMW6
9 Testing Hypotheses about Single Population Parameters- HMW7
10 Analyzing the Differences in Two Populations- HMW8
11 Analysis of Variance- HMW9
12 Introduction to Regression Analysis and Correlation-HMW10
Final Exam

Course Policy:

2
Class Attendance and Participation:
As this course highly emphasizes discussion, active participation and attendance is a must for
this course.
Missed Exams/Assignments:
In case you cannot attend the final examination, if and only if you can present an official
(dean's or president's office approved) excuse or METU Medical Center certified Health
Report, you will be eligible to a make-up examination. There will be a comprehensive and
detailed make-up examination after the final period in the semester.
Late Submission of Assignments will not be accepted.
Statement for Special Needs Students:
http://engelsiz.metu.edu.tr/en/
University Policies:
Academic Rules and Regulations for Undergraduate Study
http://oidb.metu.edu.tr/en/middle-east-technical-university-academic-rules-undregulations
%20undergraduate-period-study
Academic Honesty/Integrity/Ethics:
http://fbe.metu.edu.tr/metu-honour-code
METU Honor Code
Every member of METU community adopts the following honor code as one of the core
principles of academic life and strives to develop an academic environment where continuous
adherence to this code is promoted.
"The members of the METU community are reliable, responsible and honorable people who
embrace only the success and recognition they deserve, and act with integrity in their use,
evaluation and presentation of facts, data and documents."
Academic Writing Rules:
http://www.awc.metu.edu.tr

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