Statistical Inference (BW-SP20)
Statistical Inference (BW-SP20)
Statistical Inference (BW-SP20)
Karachi
(COURSE OUTLINE)
Program MBA
Semester SPRING - 2020
Course Statistical Inference Sec – BW
Course Code MT – 2320
Credit hours Three
Google Classroom heewmt5
Prerequisite(s) Business Statistics/ Business Mathematics and
Statistics
Course Facilitator Mirza Naveed Baig
Class Day(s) & Sundays @ 06:15PM ~ 09:15PM
Timing
Books Recommended Introductory Statistics, Neil A. Weiss, Ninth/Tenth
Edition
Reference Books:
Statistical Theory, Sher Mohammad Chaudhary
Probability and Statistics for Engineers and
Scientists,Ronald E. Walpole ,9th Edition
Course Description:
The contents of this course includes sampling theory, estimation of statistical parameters, testing of
hypothesis, inferences about mean, proportion, and variance for one and two populations, analysis of
variance both one way and two way classifications, inferences about regression, categorical data analysis
and non- parametric
Course Objectives:
One of the primal aims of the course is to try to give a thorough insight and understanding of fundamental
statistical concepts in the context of physical sciences & engineering, social & management sciences --- in
particular management problem-situations. The fundamental statistical tools & methodologies enable us to
analyze a wide variety of quantitative and qualitative data collected in diverse problem-situations
encountered in the real world. 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.
Learning Outcomes:
Students will be able to:
1. Derive the distributional results needed for statistical inference.
2. Conduct appropriate hypothesis tests for comparing two or more means and for regression.
3. Demonstrate understanding that hypothesis tests, regression and analysis of variance can be seen as
part of the same statistical theory of linear models.
4. Demonstrate skills in interpreting and communicating the results of statistical analysis, orally and in
writing.
(Instructor’s Signature)_________________________