• Have a broad comprehension of terms, concepts, theories, and processes to solve statistical problems and situations
• Demonstrate ability to identify the appropriate statistical technique for analysis of data
• Demonstrate understanding of the usefulness and application of statistical methods in various decision making situations in business and economics
• Apply what has been learned to the solution of practical problems in the business and economics areas through the development, evaluation, and selection of alternative statistical techniques
• Demonstrate skill in using a computer application (e.g., Excel 2013) for data analysis
• Design and deploy surveys via Qualtrics and generate basic statistical summaries using Qualtrics

This is a beginning statistics course with special focus on the practical application of basic statistical concepts to business and economics problems. The importance of understanding probability and probability distributions and their application in the decision-making processes in business and economics will be explored. The course will also expose and teach students the basics and the applications of inferential statistics (e.g. hypothesis testing and confidence interval estimation), and bivariate analysis in business and economics.

Class 1: Introduction and Overview of Course
Numerical and graphical representation of data

Class 2: Introduction to probability

Class 3: Discrete probability distributions

Class 4: Continuous probability distributions

Class 5: Sampling distributions and the Central Limit Theorem

Class 6: Confidence interval estimation for one population
mean and proportion. Homework midterm review quiz via Learn.

Class 7: Hypothesis Testing Concepts, One sample tests

Class 8: Two sample tests

Class 9: Analysis of Variance (ANOVA)

Class 10: Introduction to Qualtrics, a Web-based survey application.

Class 11: Qualtrics application and review.

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.

Feedback Activity: A feedback activity defined by the course instructor will take place approx. half-way through the course. 
 

Course timetable is available on http://www.cbs.dk/uddannelse/summer-university-programme/courses.

PRIMARY LITERATURE (MUST-HAVE BOOKS):

Lind, Machal, Wathen (2014). Statistical Techniques in Business and Economics. 16th Edition. McGraw-Hill.

Note: This is the same textbook I will be using in the graduate Applied Statistics for Business and Economics class. That class will use the second half of the textbook. This undergraduate level class will use the first half of this textbook.