Islamic Republic of Afghanistan ‫جمهوری اسالمی افغانستان‬

‫وزارت تحصیالت عالی ومسلکی‬

Ministry of Higher Education
‫ریاست عمومی پوهنتون هرات‬
Herat University ‫پوهنحی اقتصاد و مدیریت‬
‫برنامه ماستری اداره تجارت‬
Faculty of Economics & Management
MBA Program

Course Name: Statistics– Spring 2021

Meeting Time/Place: Saturday & Wednesday 4:00 PM – 7:00 PM, Economics &
Management Faculty building, Second Floor.

Instructor: Dr. Mohammad Dawude Temory

Office: Economics Department

Office Hours: By Appointment

Email: [email protected] [email protected]

Phone: +93-40-222-67-26 Cell Phone: +93-793414443

Course Overview

This course provides the fundamental methods of statistical analysis, the art, and science of
extracting information from data. In this course, you will grow your knowledge of pauper
methods to analyze business data. Through informal study groups and the capstone team project,
you will enhance your teamwork and communication skills. Upon completion of the course, the
student will be able to build Decision Support Systems and apply mathematical, graphical, and
spreadsheet modeling techniques to business situations to aid decision-making. The course will
begin with a focus on the basic elements of exploratory data analysis, probability theory, and
statistical inference. With this as a foundation, it will proceed to explore the use of the key
statistical methodology known as regression analysis for solving business problems, such as the
prediction of future sales and response to the market price change.
Specific importance topics covered include least squares estimation, residuals and outliers, test
and confidence interval, correlation, and autocorrelations, collinearity, and randomization. The
presentation relies upon computer software for most of the needed calculations and the resulting
style focuses on the constriction of models, interpretation of results, and critical evaluation of
assumptions.

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 Course Materials
Required
• List of texts required for the course

Course Learning Outcomes

This course directly meets the following seven core objectives:
1. Students will learn how to think critically about data.
2. Students will Learn How the data is collected and analyzed.
3. The student will be able to apply mathematical concepts and principles to identify and
solve problems presented through informal assessment.
4. Communication skills - to include effective development, interpretation, and expression of
ideas through oral and visual communication.
5. Empirical and Quantitative skills - to include the manipulation and analysis of numerical
data and observable facts resulting in informed conclusions.
6. Critical thinking skills - to include creative thinking, innovation, inquiry, analysis,
evaluation, and synthesis of information.
7. . Personal Responsibility - to include the ability to connect choices, actions, and
consequences to ethical decision-making.
8. Implement the method using software (e.g., SPSS, Stata, Eviews & Microsoft Excel);

Learning Assessment and Grading

Relationship of
Individual Percent of
Learning Activity
Assessment Item or Group Points Total Course
Item to Learning
Assessment Grade
Outcomes (LO)
Group Assignments
Project + Presentation group 20 10% LO 1,2,3,4,5,6,7
Guest lectures (x2) group 10 5% LO 1,2,3,5,6,7

Individual Assignments
Home work1 (Chapter1and 2) Individual 10 5% LO 1,2,3,5,6,7
Home work2 (chapters 3,4 and 5) Individual 10 5%
Home Work3 (chapters 6,7,8and 9,10) Individual 10 5%
Software assignments individual 20 10% LO 2,5,6
Class participation Individual 10 5% LO 4,5,6
Mid-term exam Individual 20 10% LO 1,2,3,4,5,6,7
Final exam Individual 90 45% LO 1,2,3,4,5,6,7
Points 200 100%

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Course Expectations, Participation, and Professionalism
 In-class project and Homework

Doing the homework is an essential step in succeeding in this class. For every lesson, there will
be an exercise. In the case of the class project, each group of students will choose a topic with
instructor confirmation, the purpose of these assignments is to get a broader view of statistics
outside of the classroom.
 Calculator
a calculator is required; the CASIO fx-260SOLAR is recommended for this class and is
available at the bookstore.
 Professionalism

Students who participate positively learn more and do better in the course. Participation is
divided into two components: class participation—regular attendance and active engagement in
discussions are expected—and group participation in both the in-class group meetings and
meetings outside of class. Thus, you must participate through class as well as group
participation. Full attendance on all days is required.

 Classroom Behavior

Please turn off your cell phones as a courtesy to the instructor and your classmates. No
texting, web browsing, or electronic games in class. No communication devices, music
players, etc.

 Guest Lecture
Two guests From the Central Statistics Organization will be invited to the class to present their
challenges. Then, students using appropriate frameworks will be asked to offer solutions to the
current challenges.

 GRADING SCALE

The grading scale based on percentages is as follows.

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95-100---A+ 90-94---A 85 - 89---B+ 84-80---B
79 - 75---C+ 74-70---C 69 - 65---D+ 64-60---D
59 – 55
Below 55 F. Failed

Course Schedule by Class Session, Assignments, and Activities* Four Hours

per week

Week Topic(s) Covered in Class Activities and/or Assignments

1 Introduction, Statistics, Data Collection, Lecture

and statistical thinking

2 Methods for Describing Sets of Data Lecture, Examples, and using

computer lab
3 Events, Sample Spaces, and Probability Lecture and working Examples

4 The Additive Rule and Mutually Lecture, Discussion of Working

Exclusive Event Examples, and Teamwork
The multiplicative Rule and independent
Event
5 Random Variables and Probability Lecture, Working Examples, and
Distribution using the computer lab
6 Probability Distribution for Continuous Lecture, Working Examples, and using
Random Variable the computer lab
7 Approximating a Binomial Distribution Lecture, Discussion of Working
with a Normal Distribution Examples, and using the computer lab
8 Inference Based on a Single Sample Lecture, Discussion of Working
Estimation with Confidence Interval Examples, and using the computer lab

9 Mid-term exam
10 Large Sample Confidence Interval for a Teamwork, Examples, and Guest
Population Promotion Lecture
11 Large and Small sample tests of Lecture, Discussion, teamwork, and
hypothesis about a population mean using computer lab

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 12 -Comparing population means, Lecture, Discussion of Working
independent sampling paired difference Examples, and teamwork
- Comparing population proportions
independent sampling multinomial
experiment
13 Determining the Sample Size testing the Lecture, Discussion of Working
assumption of Equal population Variance Examples, and using the computer lab
and Analysis of Variance

14 Correlation and Linear Regression Working Examples, Computer Lab,

OLS, GMM, and GLS and Guest Lecture
T-Test
P-value
Heteroscedasticity
Homoscedasticity……..etc
15 Multiple Regression Analysis OLS, Lecture, Discussion of Working
GMM, and GLS Examples, and using the computer lab
T-Test
F-test
P-value
Heteroscedasticity
Homoscedasticity
Structural break test……..etc
16 Project Presentation and evaluation
Wrap-up and conclusion

Final Exam

Course Materials: Text Reading

1) J.K. Sharma, “Mathematics for Management and Computer Applications”, New Delhi,
Galgotia Publication
2) R. K. Ghosh and S. Saha, “Business Mathematics and Statistics”, Calcutta, New Central Book
Agency
3) S. Saha, “Business Mathematics and Quantitative Techniques”, Calcutta, Central Book
Agency,
4) Anderson, Statistics for Business & Economics,9th edition, Cengage Learning, India
5) David Levine, T. Krenbil, P.K.Viswanathan, Business Statistics, Pearson Education, 2008.

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6) S.P. Gupta, ”Statistical Methods”, New Delhi, Sultan Chand, and Sons, 2007
7) S.C. Gupta, Business Statistics, Himalaya Pub House, 2008
8) T.N.Srivastava, Statistics for Management, TMH, 2008

Suggested Readings (Latest Edition books)

1) J. N. Kapur and H. C. Saxena. “Mathematical Statistics”, New Delhi, Sultan Chand, and
Company Ltd.
2) R. Jayprakash Reddy and Y. Mallikarynna Reddy, “A Textbook of Business Mathematics”,
New Delhi, Ashish Publishing House
3) K. B. Dutta, “Matrix and Linear Algebra”, New Delhi, PHI Learning
4) D. C. Sancheti and V. K. Kapoor, “Statistics: Theory, Methods and Applications”, New Delhi:
Sultan Chand and Sons.
5) D.N. Elhance, Veena Elhance and B. M. Aggrawal, “Fundamentals of Statistics”, Allahabad:
Kitab Maha
6) Textbook: Step-by-Step Business Math and Statistics, by Jin W. Choi, 3rd Edition, 2014.
ISBN: 978-1-60927-872-4

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