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Course Outline MTS 202 - Statistical Inference

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48 views3 pages

Course Outline MTS 202 - Statistical Inference

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Zainab Khan
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Course Description This second course in Statistics aims at enhancing student’s understanding and competency in carrying out quantitative analysis in business, economic, social sciences and computer sciences, The course covers areas such as sampling and sampling distribution, point and interval estimation, test of hypothesis based on critical and p-value approaches. The parameters of interest are one and two population means, variances, proportions, correlation and regression parameters etc. The purpose of the inferential statistics is to test, deduce and infer the validity of different types of hypotheses and models built on the basis of the raw data collected in diverse problem-situations. Course Objective - To enable students to apply various inferential statistical techniques. - Toenable students to test claim about population parameter based on evidence in sample data - To enable students understanding of the measuring and interpreting relationship between or variables - To prepare students for advanced level undergraduate and graduate courses ‘Txt Book and Course Reading Material ‘Text Book: -y. (Weiss) (Main Text) Newbold, Calrson and Thorne (2013). Statisties for Business and Economies (8* Edition).Pearson. (Newbold) Weiss (2012). Introductory Statistics. (9" Edition) Addison-Wi Anderson, Sweeney and Williams (2011). Statistics for Business and Economies (11** Edition). South-Western Cengage Learning (Andersen) Moore, McCabe and Craige (2009). Introduction to the Practice of Statistics. (6* Edition). WH Freeman and Company.(Moore) Black (2010). Business Statistics for Contemporary Decision Making. (6' Edition). John Wiley and Sons. Walpole, Myers and Myers and Ye (2012) Probability and Statistics for Engineers and Scientists (9 Edition) Prentice Hall. (Walpole) Tentative Teaching Plan Week _| Topi Chapter, Resources 1 [Parameter and Statistic, Probability & Non-Probability Sampling, | Weiss Ch7, Newbold sampling and non-sampling error Ch6&1 2. Sampling with and without Replacement, Sampling Distribution. Drawing a simple random sample using random numbers from random number table or scientific calculator. 2 1. Sampling Distribution of Mean and Central Limit Theorem Weiss Ch7— &12, 2. Sampling Distribution of Proportions. Newbold Ché 3 1. Estimate, Estimator and Estimation. Properties of Good Point Estimator, | Weiss Ch8, Newbold Point Estimation & Interval Estimation, Confidence Coefficient & Level of | Ch7 Significance. 2. Confidence Interval for Population Mean when 6” is Known 4 1. Confidence Interval for Population Mean when o° is unknown and n<30 | Weiss Ch10, Newbold 2. Confidence Interval for the Difference between Population Means when | Ch7&8 Gv and 0’ are Known, When o? and 02? are Unknown and n.230 & n=30. 5 1. Confidence Interval for the Difference between Population Means when | Weiss Chi0, Newbold 61° and 6" are Unknown and n;<30 & n2<30 (For Equal Variances). Ch8, 2. Confidence Interval for the Difference between Population Means when oi? and 62? are Unknown and n<30 & n2<30 (For Un-equal Variances) Confidence Interval for Difference between mean of Paired samples. 6 1. Confidence Interval for Population Proportion and Difference Between | Weiss Ch10_— &12, Population Proportions. Newbold Ch9 2. Confidence Interval for Population Variance & Variances Ratio. 7 L.Hypothesis, Null & Alternative Hypotheses, Simple & Composite | Weiss Ch9, Newbold Hypotheses, Level of Significance or Type-I Error, Type-II Error, Test | Ch8 Statistic, Critical Region, One-Tailed & Two-Tailed Tests, 2.Power of Test and test based on p-values 8 1. Testing of Hypotheses for Population Mean when o? is Known, when 6° | Weiss Ch9, Newbold is unknown and n=30. cho 2. Testing of Hypotheses for Population Mean when o? is unknown and n<30. 9 1. Testing of Hypotheses for the Difference between Population Means | Newbold Ch10 when 6? and o2* are Known, when 61? and 7" are Unknown and n1230 & | .Anderson Ch10, Moore 230 Ch7, Black Ch 10, 2. Testing of Hypotheses for the Difference between Population Means | Walpole Ch10 when 61? and 62? are Unknown and n<30 & no<30 (For Equal Variances). 10 1. Testing of Hypotheses for the Difference between Population Means | Weiss Ch10, Newbold when 6,’ and o* are Unknown and n)<30 & n2<30 (For Un-Equal | Ch10 Variances). 2. Testing of Hypotheses for Paired Samples i I. Testing of Hypotheses for Population Proportion and Difference Between | Weiss ChI2, & 11, Population Proportions. Newbold Ch10 2. Testing of Hypotheses for Population Variance & Variances Ratio 12 1. Chi-Square Test for Goodness-of-Fit Weiss Ch13, Newbold 2. Chi-Square Test for Independence of Attributes Chi4 13** | I. Simple Linear Regression, Properties of Simple Regression Weiss Chi4, Newbold 2. Correlation, its measurement and Properties Chil 14** | 1. Multiple Regression and its Properties Weiss Module A & 2. Introduction to Analysis of Variance and Experimental Design ChI6, Newbold Ch12, 15 *. For BBA programs the title is Statistical Inference (with Econometrics Lab) ** Suggested to be conducted using software /in computer lab for BBA In addition students can learn topics from a variety of sources books websites, courses of other universities ete. for example Penn State University has a nice course on Applied Statisties available at hittps:/onlinecourses,science,psu,edu/stat500/node/ Prerequisite Skills and Knowledge to take this Course Be comfortable with using technology for learning. Software: Excel SPSS and R.

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