ISDS 2000 Chapter : ISDS 2000 Syllabus 2
15 Mar 2019
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Class time: mwf 1:30pm 2:20pm (section 01) In the broadest sense, we can define the study of statistics as the methodology of extracting useful information from a data set. Three steps are essential for doing good statistics. First, we have to find the right data, which are both complete and lacking any misrepresentation. Second, we must use the appropriate statistical tools, depending on the data at hand. Finally, an important ingredient of a well-executed statistical analysis is to clearly communicate numerical information into written language. s. jaggia & a. kelly. Statistical thinking will one day be as necessary for efficient citizenship as the ability to read and write. h. g. Statistical description and inference; descriptive statistics, sampling, basic probability theory; probability distributions, including normal and binomial; sampling distributions; inferential statistics including estimation, one- and two-sample hypothesis tests for means and chi-square test for independence. To prepare business students to understand raw data, descriptive and inferential statistical concepts.
