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Course syllabus - Statistics for business

Scope

7.5 credits

Course code

STA104

Valid from

Autumn semester 2019

Education level

First cycle

Progressive Specialisation

G1N (First cycle, has only upper-secondary level entry requirements)

Main area(s)

Business Administration

Organisation

School of Business, Society and Engineering

Ratified

2019-01-28

Literature lists

Course literature is preliminary up to 8 weeks before course start. Course literature can be valid over several semesters.

    • Ratified date: 2019-09-30
    • Latest update: 2025-05-27

    Jaggia, Sanjiv; Kelly, Alison

    Essentials of business statistics: communicating with numbers

    ISBN: 9781260547658

    LIBRIS-ID: z8mg6c5fw9twpdqd

    2 uppl., New York, NY, McGraw-Hill Education,

Objectives

The course is aimed at shaping the attitudes of learners regarding the field of Statistics, equipping students with a fundamental knowledge of statistics, and establishing an understanding of the usefulness and limitations of statistical analysis. This means that the course targets to enhance students' knowledge on statistical concepts, analytic methods, interpretation of results, and skills in using statistical software.

Learning outcomes

  1. Understanding
  1. Demonstrate an understanding of and the differences between descriptive and inferential statistics
  2. Discuss the usefulness and limitations of statistics.
  1. Skills
  1. Use statistical software to perform statistical analysis.
  2. Calculate measures of centrality and dispersion.
  3. Use figures and tables to illustrate data properties.
  4. Solve basic problems in probability.
  5. Develop and conduct confidence interval estimations and basic hypothesis testing.
  6. Calculate measures of linear relationships.
  1. Abilities
  1. Interpret and analyze measures of centrality and dispersion.
  2. Interpret and evaluate statistical information using figures and tables.
  3. Appreciate the meaning of different types of probability calculations.
  4. Interpret and evaluate different measures of linear relationships.

Course content

The course introduces statistical concepts and statistical analyses by focusing on descriptive statistics, probability calculations and inferential statistics. As such, the course gives an introduction to applied statistics in a business context.

Specific requirements

English B, Mathematics C or English 6, Mathematics 3b/3c.

Examination

LAB1, 1 hp, grade Godkänd (G) (Learning outcome 2a, 2b, 2c, 3a, 3b)
LAB2, 1 hp, grade Godkänd (G) (Learning outcome 1a, 2a, 2d, 2e, 3a, 3c)
LAB3, 1 hp, grade Godkänd (G) (Learning outcome 1a, 2e, 2f, 3d)
TEN1, 4,5 hp, grade 3, 4, or 5 (Learning outcome 1 a-b, 2 b-f, 3 a-d).

A student who has a certificate from MDU regarding disability study support, can request adaptions for the examination. It is the examiner who takes decisions on any adaptions, based on the certificate and other conditions.

Grade

Three-grade scale

Interim Regulations and Other Regulations

Overlap with STA101, STA102 and STA103, 7,5 hp.