GECS 1202: STATISITICS

LEVEL: FIRST YEAR, SEMESTER TWO

Contact Hours: 3 hours per week; 15 weeks = 45 Contact Hours

Tutorial Hours: 1 hour per week; 15 weeks = 15 hours
Mode of Delivery: Lectures, Power Point; Illustrations and Discussions.
Mode of Assessment: Quizzes, Assignments and Examinations

COURSE DESCRIPTION:
The course entails the basic statistical approaches to business and social problems. Both
descriptive and inferential statistics are covered. Parametric and non-parametric approaches
will be discussed. The course assumes no prior knowledge mathematical background beyond
ordinary level.

COURSE OBJECTIVES:
The course is designed to enable students meet the following objectives:
1. To introduce the students to basic concepts of probability and statistics.
2. To equip students with analytical skills and statistical concepts useful in credible
decision making.
3. To prepare students for higher disciplines such as applied research that they are to
find in the process of pursuing their academic career.
4. To improve student’s knowledge of describing and interpreting historical empirical
records.
5. Enable students to acquire data collection, presentation, analytical and interpretation
skills so as to make informed decisions.
6. To introduce students to techniques used in inference and prediction, basing on
present and past data.

EXPECTED LEARNING OUTCOMES:

At the end of the course, the learner should be able to apply statistical techniques in
data processing, analysis, and interpretation to facilitate decision making.

COURSE ASSESSMENT
The following instrument will be used to assess the extent to which growth in the skills,
abilities, and understanding will have been acquired:
Quizzes & Assignments 10%
Group Presentations 10%
Mid-Semester exam 30%
Final Exam 50%
Total 100%

GRADING SCALE
Percentage Range

FROM TO GRADE GPA WORD RATING

80 100 A 5 Excellent
75 79 B+ 4.5 Very Good
70 74 B 4 Good
65 69 C+ 3.5 Above Average
60 64 C 3
 55 59 D+ 2.5 Average
50 54 D 2 Below Average
0 49 F 0 Failure

Course Schedule:
Contact CONTENT REMARKS
Hours
3 Introduction
 Meaning of Statistics
 Functions of statistics
 Role of Statistics in business, social sciences, and
management Assignment 1
3 Data Collection
 Basic Principles of carrying out research
 Methods of Data Collection
 Sampling
Assignment 2
6 Data Presentation
Frequency distributions
 General Rules of Frequency Distributions
 Graphical Presentation of frequency distributions –
Histogram, frequency polygon, etc
 Relative frequency distribution
Assignment 3
3 Measures of Central tendency
 Arithmetic mean, Median, Mode
 Geometric Mean, Harmonic mean, Quadratic Mean
 Quartiles, Deciles & Percentiles Assignment 4
3 Measures of Variability
 Range – Semi-interquartile range, semi-percentile range
 Mean deviation, Standard Deviation
 Coefficient of Variation, Measures of skewness
 Measures of Kurtosis
Assignment 5
6 Probability
Rules of Probability
 Probability under the conditions of statistical
independence
 Marginal & joint probability
 Conditional probability
 Probability under conditions of statistical dependence
 Marginal & joint probability Assignment 6
3 Probability Distributions
 Discrete Probability distributions – Binomial, Poisson,
Geometric
 Continuous Probability Distributions – Normal, Assignment 7
standard normal, Exponential
3 Sampling Distribution
Sampling from a normal population
  The central limit theorem
 Sample size and standard error
 The finite population multiplier Assignment 8
3 Simple Regression and Correlation
 The regression equation
 Least squares estimation
 Standard error of estimates
 Correlation analysis Assignment 9
3 Time Series
 Components of time series
 Decomposition of time series Assignment
10
3 Testing Hypothesis
 Tests concerning the mean (large samples vs small
samples) Assignment
 Tests concerning population proportions 11
 Tests concerning Variance
3 Index numbers
 Price & Quantity Relatives
 Unweighted& Weighted index numbers
 Problems encountered in constructing index numbers
Assignment
12
3 Analysis of Variance (ANOVA Read & Make
Introduction to Non-parametric methods notes on these
two topics

REFERENCES:
Bluman Allan G., (2004), Elementary statistics, “A step by step approach,”(5th ed.),
Boston: McGrawHill
Devore& Peck, (2001) Statistics, “The exploration and Analysis of
Data.”(4 ed.)Australia:Duxbury
th

Thomson Learning.
Freund, William &Perles(1993), Elementary Business Statistics, “ The Modern
Approach”(6th ed.) London: Prentice Hall.
Mason, Lind &Marchal, (1999), Statistical Techniques in Business and Economics, (10thed.)
Boston: McGraw-Hill.
Richard, Levin & David, Statistics for Management.(6th ed.)
Any other relevant Statistical text book.