BBA (hons)/BBA (emphasis)

@KUSOM

Session plan
Semester: IV
Course: Applied Business Statistics
Credit hours: Three
Instructors Personal
Name: Mr Bal Krishna Khadka
E-mail: balkrishna@kusom.edu.np
Mobile No: 9841-760108

Main Objective:
The main objectives of the course is to provide participants with a clear understanding of the
inferential statistical concepts, techniques, and tools on estimation and hypothesis testing; t-test, z-
test, chi-square test, ANOVA, correlation, regression, time series and forecasting models to enable
them in using these techniques for analyzing business decision problems. Participates use
statistical software to analyses the data using the statistical techniques and tools for business
decisions problems.

Enabling Objectives
After completion of all the learning units and the requirement of the course, students will be able
to:
Set the hypothesis in null and alternative hypothesis for one tailed and two tailed test of
hypothesis.
Conduct a test of hypothesis about a population mean and proportion for one sample.
Conduct a test of hypothesis about a population mean and proportion for two samples.
Conduct a test of hypothesis to determine the significance difference of two population
variances.
Conduct a one way and two way ANOVA.
Define the dependent and independent variables.
Explain, calculate and interpret the relationship between and among variables using simple
correlation and regression analysis.
Calculate the seasonal index and forecasting models for time series data.
Generate and Interpret statistical finding using the statistical software.

Learning Topics Prior No. of

Unit Reading class
Learning Testing Hypotheses: One Sample Tests Statistical 3
Unit One When you have completed this unit you will be able to: Techniques in
Net Define a hypothesis and hypothesis testing Business and
Contact Distinguish between a one-tailed and two tailed test Economics
Hours of hypothesis Chapter: 10
6hrs Conduct a test of hypothesis about a population mean

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 Conduct a test of hypothesis about a population
proportion
Define type I and Type II errors
Compute the probability of a type II error and type I
error

Introduction, concepts to hypothesis testing procedure, five

steps procedures for testing a hypothesis, one tailed and two
tailed tests of significance, type I and type II error, testing for
a population mean: known population standard deviation, p-
value in hypothesis testing, testing for population mean:
population standard deviation unknown, hypothesis testing
of proportion and measuring the power of a hypothesis test.
Learning Testing Hypotheses: Two Sample Tests Statistical 3
Unit Two When you have completed this unit you will be able to: Techniques in
Net Conduct a test of a hypothesis about the difference Business and
Contact between two independent populations Economics
Hours - Conduct a test of a hypothesis about the difference Chapter: 11
6hrs between two population proportions
Conduct a test of hypothesis about the mean
difference between paired or dependent observations
Differentiate the difference between dependent and
independent samples.
Hypothesis testing for differences between means and
proportions: Two sample tests of Hypothesis- Independent
samples, Two sample tests of Hypothesis- dependent
samples, Two samples tests about proportions, p-value in
hypothesis testing.
Learning Non Parametric Methods: Chi-Square applications Statistical 3
Unit Three When you have completed this unit you will be able to: Techniques in
Net List the characteristics of the chi-square distributions Business and
Contact Conduct a test of hypothesis comparison an observed Economics
Hours - set of frequencies to an expected distribution Chapter: 17
6hrs Conduct a test of hypothesis to determine whether
two classification variables are related
Introduction, Chi-square as a test of independence, Chi-
square as a test of goodness of fit, Chi square as a test of
single population variance.
Learning Analysis of variance(ANOVA) Statistical 3
Unit Four When you have completed this unit you will be able to: Techniques in
Net List the characteristics of the f-distributions Business and
Contact Conduct a test of hypothesis to determine whether Economics
Hours - the variances to two populations are equal Chapter: 12
6hrs Discuss the general idea of analysis of variance

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 Organize data into a one-way and a two way ANOVA
table
Conduct a test of hypothesis among three or more
treatment means
Conduct a two way ANOVA
The F-distribution, Comparing two population variances;
ANOVA assumption, one way ANOVA, and two way
ANOVA.
Learning Simple regression and correlation Statistical 4
Unit Five When you have completed this unit you will be able to: Techniques in
Net Differentiate the independent and dependent Business and
Contact variables Economics
Hours 8 Calculate and interpret the coefficient of correlation, Chapter: 13
hrs the coefficient of determination, and the standard
error of estimate
Conduct a test of hypothesis to determine whether
the coefficient of correlation in the population is zero
Calculate the least square regression line
Construct and interpret confidence and prediction
intervals for the dependent variables
Conduct a test of hypothesis to determine whether
the regression coefficient in the population is zero

Introduction, correlation analysis, regression equation using

least squares method, measures of variation - computing the sum
of squares; the coefficient of determination, standard error of the
estimate; Inference about the population slope, correlation
coefficients, and regression equation using t-test and F-test;
confidence interval for the slope, estimation of mean values and
prediction of individual values; Limitations and errors.
Learning Multiple Regression Statistical 4
Unit Six When you have completed this unit you will be able to: Techniques in
Net Describe the relationship between several Business and
Contact independent variables and a dependent variable Economics
Hours using multiple regression analysis Chapter: 14
8hrs Set up, interpret, and apply an ANOVA table
Compute and interpret the multiple standard error of
estimate, the coefficient of multiple determination,
and the adjusted coefficient of multiple
determination
Conduct a overall significance test the regression
model as a whole
Conduct a test of hypothesis to determine whether
regression coefficients differ from zero

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 Use the dummy variable in the regression model
Introduction, multiple regression models, interpreting the
regression coefficient, prediction using regression model;
quadratic model, multiple regressions with dummy variables;
Inference about the population slope and regression equation by
t-test and F-test; confidence interval for the slope, estimation of
mean values and prediction of individual values.
Learning Time Series and Forecasting Statistical 4
Unit Seven When you have completed this unit you will be able to: Techniques in
Net Define the components of time series Business and
Contact Compute a moving average Economics
Hours - Determine a liner trend equation Chapter: 16
8hrs
Compute a trend equation for a nonlinear trend
Use a trend equation to forecast future time periods
and to develop seasonally adjusted forecasts
Calculate and interpret a set of seasonal index
Deseasonalize data using a seasonal index
Test for autocorrelation
Introduction, components of a time series- Secular trend,
Cyclic variation, Seasonal variation, Irregular variation,
Time series analysis in forecasting using trend projection
method, moving average method, nonlinear trends, seasonal
variation, determining the seasonal index, deseasonalizing
data. Forecasting methods- Nave methods, linear methods,
moving average methods, and simple exponential smoothing
method; measuring accuracy of forecasting models using
MSE, MAD and MAPE.
Total 48 hrs (excluding assessment and final examination)
Contact
Hours
Basic Douglas A Lind, William G Marchal, and Sammuel A Wathen
Text (2008), Statistical Techniques in Business and Economics, 13th
Edition, Tata McGraw-Hill Publishing Company Limited, New
Delhi.
Reference David M. Levine, Timothy C. Krehbiel, Mark L. Berenson, and
Text P.K. Viswanathan ((2010), Business statistics A FIRST
COURSE, 5th Edition, New Delhi: Prentice Hall of India.

Assessment Criterion plan is as follows:

SN Activities Weight (%)
1 Two Individual Assignments and one Class Test 10
2 Group Assignment and presentation 05
3 Mid-Semester Examination 15
4 Send-Up Examination 20
5 Preparation for class, class participation and discipline 05

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6 Attendance 05
7 End-Semester Examination 40
Total 100

Essential things that every student should take attention on:

1. Calculator/laptop : Each student must compulsorily bring his own calculator and handouts in every
session. Students also need laptop in class whenever it required in the session delivery.

2. Attendance and punctuality. Attendance is mandatory in all classes. The instructor will record
all times missed from class whether from absence, tardiness, or leaving class early for any reason.
The maximum absences allowed with formal approval 20% exceeding which you may not be
allowed to sit for end semester examination. Late arrival or class bunking are not allowed; they
will incur penalty.

3. Submission of assignment on due date. All assignments must be hand written and submitted in
hardcopy. Late submission will attract penalty, including downgrading and zero grading,
depending on how late it is submitted. Assignments found copied (both, who gives to copy and
who copies) will result in zero grading.

4. Pre-session reading and preparation for session. You must come prepared for the planned
learning activities failing which will result not only in appropriate academic sanctioning but, more
importantly, in your inability to take benefit from the learning process that takes place in the class
room setting and also losing of face among your own colleagues.

5. Active and constructive participation in the learning process. Passive presence will not only earn
negative credit for you in your participation evaluation but also deny you opportunity to learn,
contribute and build self confidence. Contributions in the learning process should however be
positive, productive, dignified and respectful while guided by the motivation of learning through
personal involvement. Disrespectful and disturbing participation will earn negative credit.

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