Riphah International University

Faculty of Management Sciences

Riphah School of Leadership

Course Title Business Statistics

Program BS AF

Course Code No. No. of Credits 3

Pre-requisites None

Class Contact Hours 3 hours/ Week X 16 Weeks = 48 Hours

Course Facilitator &

Contact Details Abdulrehman Saeed
abdul.rehman@riphah.edu.pk

Course Description

Applied Statistics is an elementary statistics course which helps students in applying descriptive as
well as inferential statistics in the field of life sciences. The descriptive statistics part of the course
discusses the use of various types of charts, graphs, and tables, whereas including a discussion on
measures of central tendency, measures of variation, and measures of position. The course extends
upon these concepts by using exploratory data analysis to explore trends in data. The inferential
portion of the course examines the use of probability and p-values in hypothesis testing and use of
standard normal distribution in the field of life sciences. The course concludes with a discussion on
correlation, regression, and ANOVA to explain to students about the difference between cross-
sectional and cohort studies. Furthermore, multiple tests are identified and run on computer statistical
packages to help student understand and use such facilities in their research projects.

Course Objectives

To prepare students for a professional career in applied statistics and data science with the following
specific objectives:
1. Develop technical skills in probability modeling and statistical inference for the practical
application of statistical methods in their current or future employment.
2. Use existing and develop new statistical tools involving computer programming languages,
such as R and SQL, for data science problems across different applied domains.

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 3. Communicate and present statistical ideas clearly in oral and written forms using appropriate
technical terms and deliver data analysis results to non-statistical audience.

Course Learning Outcomes (CLOs)

1. Identify and provide interpretation of descriptive statistics in life sciences studies.

(Knowledge)
2. Calculate standard scores, identify the shape of distribution and construct confidence
intervals. (Knowledge)
3. Perform one sample and two sample hypothesis testing using traditional as well as p-value
methods. (Skill)
4. Demonstrate the use of a computer statistical package to calculate descriptive statistics.
(Skill)
5. Interpret statistical result of research studies as a part of a review group. (Attitude)

Knowledge: cognitive or mental abilities used to retain and process information.

Skills: application of knowledge to perform activities or tasks.
Attitude: Feelings, emotions, beliefs or values about something.

CLOs Learning Level

CLO1 Knowledge
CLO2 Knowledge
CLO3 Skills
CLO4 Skills
CLO5 Attitude

Mapping of CLOs with PLOs

CLO
PLO CLO1 CLO2 CLO3 CLO4 CLO5
PLO1 X X
PLO2 X
PLO3 X X
PLO4 X X X
PLO5 X

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 Courseware Structure: (Mark X where applies)

IT Case Individual Group Any other

Lecture Multimedia Exercise Labs Studies Assignment Presentation medium

X X X X X X X

Required Course Material

o Bluman, A. G. (2018). Elementary statistics: A step by step approach. 10th Edition, New

REFERENCE BOOKS.
o Layth C. Alwan, Bruce A. (2020). The Practice of Statistics for Business and Economics. 5th
Edition

Course Content (Weekly)

Week Topic Topic Details CLOs

1&2 The Nature of Introduction to Statistics 1

Probability and
Statistics  Types of Statistics
 Data and Levels of Measurement
 Research Study Types
Sampling Techniques
Descriptive Statistics – Frequency Distributions

 Categorical Frequency Distributions

Grouped Frequency Distributions

3&4 Graphical Graphical Displays - 1 1

Representation
 The Histogram
and  The Frequency Polygon
Organization  The Ogive
 Relative Frequency Graphs
 Distribution Shapes
Graphical Displays - 2

 Bar Graphs

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  Pareto Charts
 The Time Series Graphs
 Dot-plots
 Stem & Leaf Plots
Misleading Graphs
5&6 Data Measures of Central Tendency 2
Description
 Mean, Median, and Mode
 The Weighted Mean
 Distribution Shapes and Central Tendency
Variance and Standard Deviation

Measures of Variation

 Variance & SD for grouped data

 Coefficient of Variation
 Range Rule of Thumb
Chebyshev’s Theorem

7&8 Data Measures of Position 3

Description
 Standard Scores
 Percentiles
 Quartiles and Deciles
 Outliers
Exploratory Data Analysis

Probability and Counting Rules

 Sample Spaces and Probability

 Addition and Multiplication Rules
 Conditional Probability
Permutations and Combinations

9 MID TERM EXAM

10 & 11 Probability and Discrete Probability Distribution 3

Counting
 Probability Distributions
Rules  Mean, Variance, Standard Deviation, and Expectation
 The Binomial Distribution
The Poisson Distribution

The Normal Distribution

 Normal Distributions
 Application of the Normal Distribution
 The Central Limit Theorem
The Normal Approximation to the Binomial Distribution

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 12 & 13 Confidence Confidence Intervals and Sample Size 4
Interval and
 Confidence Intervals for the Mean
Sample Size  Confidence Intervals of Variance and SD
Confidence Intervals for Sample Size

Hypothesis Testing

 Steps in Hypothesis Testing

 P-values
 Z-distribution and hypothesis testing
 Student’s t-distribution
Chi-Square Distribution

14 & 15 Correlation Testing difference between means and SDs 4

and Regression
 Testing Difference between means
 Testing Difference between SDs
F-ratio

Correlation and Regression

 Scatter Plots and Correlation

 Regression
 Coefficient of Determination and Standard Error
ANOVA

16 Project/Presentation 5

Mapping of CLOs with Assessment

Assessments/CLOs CLO1 CLO2 CLO3 CLO4 CLO5

Quizzes: 10% X X

Assignments: 10% X X X

Class Participation 10%

Project & Presentations 10% X X

Mid-Term 20% X X X

End Semester Exam:40% X X X

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