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Statistics for Business Decisions (Fall 2023)
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Welcome to STA-201 (Statistics for Business Decisions)
Assessment Plan
Text Book: Statistical Techniques in Business & Economics (15th Edition)
Reference Book: Business Statistics- Groebner, Shannon, and Fry (10th Edition)
Topic-1
Introduction to Statistics
Statistics-An Introduction
Discrete or Continuous variable?
Discuss the importance of Statistics in Business Decisions
Topic-2
Types of Data
Learning from the Lectures
Frequency Table, Frequency Distribution & Graphical presentation
Topic-3
Facts Checking
Frequency Table
Pie Chart: Definiton, Example and making one in excel
Bar chart: Definition, Examples and making one in Excel
Frequency, Relative and Cumulative frequency
Topic-4
What is Mean? Median? Mode?
Don't Memorize!
Mean, median, mode for ungrouped data
Mean, Median and Mode
Mean? 💭
Median? 💭
Mode? 💭
Mean, Median, Mode- which one you prefer?
Topic-5
Measures of Dispersion
Range, variance and standard deviation as measures of dispersion
Statistics - Find the range
The Standard Deviation (and Variance) Explained in One Minute
Range
Mean Deviation
Variance
Standard Deviation
Range vs Mean Deviation
Short Quiz
Class recording
Topic 6
Displaying and Exploring Data
Dot Plots and Frequency Tables
Dot Plots
Mean and Median from Dot Plot
Stem and Leaf Plots
Dot Plot or Stem-leaf-plot?
Dot plots
Stem and leaf plot
Short Quiz
Class Recording
Glossary: Topic 1 to Topic 6 ✌️✅
Midterm Glossary
Class Recording
Mid Term Examination (Syllabus, Instruction, Assessment)
Assignment ✅
Assignment Portal ✅
Topic 7
Learning from the chapter 💭
Measures of Skewness
What is Skewness?
Types of Skewness
Skewness
Skewness
💭✅
Short Quiz
Topic 8
Measures of Kurtosis
What Is Skewness And Kurtosis?
Understanding concepts
What are Skewness and Kurtosis?
Kurtosis
Measures of Skewness
Quiz 3! ✅
QUIZ-3 PORTAL
Topic 9
Learnings from the chapter 💭👍
Correlation analysis
Correlation analysis
Introduction to Correlation (Statistics)
Correlation Coefficient
Hypothesis Testing: The Significance of a Correlation Coefficient
Correlation
Online Lecture-1
Online Lecture-1
Topic 10
Learnings from the chapter 💭✅
Regression analysis
Regression analysis
Regression Analysis
Regression Explained!
Reflection!
Online Lecture-2
Topic 11
Index
Index numbers introduction
Let's reflect! 💭✅
Lecture Video
Final Exam! ✅
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STA-201 (MMS-223)
Quiz 2!!! 💭
STA-201 (MMS-223)
Quiz 2!!! 💭
IE Fall 2023
Statistics for Business Decisions (Fall 2023)
Quiz 2!!! 💭
Muhammad Mustafa Shakil
Section outline
