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BUS 222: Business Statistics II- 3 Credits
Overview

In this course, you will learn Inferential statistics, a type of statistics that deals with the interpretation of data. It is meant to follow the BUS 221 course which dealt with the collection, organization, presentation and analysis of data. You will also learn concepts and theories of probability as a prelude to a course in inferential statistics that you will eventually take to make your knowledge of statistics complete. The topics covered include measures of central tendency, measures of dispersion, probability concept and distribution, sampling, statistical estimation, normal and T distributions, and hypothesis testing for means and proportion both for a single and two populations.

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Objectives
 

If you do well in this course, you will be able to:

  • See clearly how Business Statistics I and Business Statistics II tie together to appreciate the role of statistics in decsion making..
  • Apply statistical techniques covered in the two courses in designing empirical studies in general, and collecting data and analyzing the data thus obtained in particular, to enhance understanding of a problem that triggered the study and making sound recommendations to decision makers.

 

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Materials
 

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Grading
 

The final grade is based on the following components of assessment:

  • 9 quizzes each worth 20 points for a total of 180 points.
  • 3 tests worth worth 100 points each for a total of 300 points.
  • 1 case study worth 100 points
  • Problems worth 100 points
  • An introduction and statistical terms worth 20 points each
  •  a maximum of 30 points for actively participating in Discussion board
Assignment
Points
Introduction and Statistical Terms (20 points each) 40
9 Quizzes (20 points) 180
3 Exams (100 points) 300
Homework problems 100
Case Study 100
Discussion board 30 
Total 750

Your final grade will be based on the following scale. Please note that you must also pass the  3 exams in order to get a passing grade in the course, regardless of your scores on the  assignments and quizzes. There is a maximum of 30-point bonus, (on top of what you earned on assignments, quizzes and exams) for active participation in "Discussion Board"

Grade
Points
Percent
A 675 - 750  90-100
B 600 - 674 80-89
C 525 - 673 70-79
D 450 - 521 60-69
F 0 - 449 0-59
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Exams
 

There are three (3) exams in this course.

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ELI Policies and Procedures
 
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Beginning the Course
 

Last Updated: January 10, 2012