Business Statistics

Faculty
Commerce & Business Administration
Department
Business
Course Code
BUSN 2429
Credits
3.00
Semester Length
15 Weeks X 4 Hours Per Week = 60 Hours
Max Class Size
35
Method Of Instruction
Lecture
Seminar
Typically Offered
To be determined
Campus
Online

Overview

Course Description
This course will provide students with an introduction to statistics. Students will learn to solve problems using computer spreadsheets. Topics include measures of central tendency and dispersion, probability, sampling, normal and binomial distributions, confidence intervals and hypothesis testing and regression analysis. Students will be required to have basic Excel skills.
Course Content
  1. Descriptive Statistics:  frequency distributions, graphical displays, measures of central tendency, measures of dispersion.
  2. Probability:  experiments, counting rules, assigning probabilities, events, complement, exclusion, intersection, union, addition law, conditional probability.
  3. Discrete Probability Distributions:  expected value and variance, binomial distribution.
  4. Continuous Probability Distributions:  uniform and normal probability distributions.
  5. Sampling Distributions:  random sampling, sampling distribution of sample mean and sample proportion.
  6. Interval Estimation:  means and proportions, small and large samples, determining sample size.
  7.  Hypothesis Testing:  formulating and testing a research hypothesis, I and II tailed tests about sample mean and proportion, Type I and II error.
  8. Statistical Inference with Two Populations (independent samples):  interval estimation and hypothesis tests for difference between two means and between two proportions.
  9. Computer Analysis with Excel Spreadsheets:  creation of spreadsheets, histograms, frequency tables, scatter charts, interval estimates, and use of probability distribution functions.
  10. Simple Linear Regression:  least squares, model and assumption, R-Squared, prediction.
Methods Of Instruction

Lectures and seminars.

Means of Assessment
Final Exam           30%
Term Examinations (2-3) 40% - 50%
Computer Lab Test   5% - 10%
Assignments (6-12)  15% - 25%
Participation    0% -  5%
          100%

Note:  Students must achieve a grade of at least 50% on the combined examination components to pass the course.

Learning Outcomes

At the end of the course, the successful student should be able to:

  1. collect statistical data using appropriate sampling techniques;
  2. organize statistical data and calculate measures of central tendency and variation;
  3. calculate the probability of events when they are mutually exclusive, independent and dependent;
  4. use binomial and normal distribution to make probability estimates;
  5. set up confidence intervals for population means and proportions;
  6. use sample information to test statements or claims about parameters;
  7. use computer spreadsheets to solve statistical problems;
  8. use simple regression to determine significance of relationship between two variables.
Textbook Materials

Textbooks and Materials to be Purchased by Students

Donnelly, Robert A. Jr.; Business Statistics, Latest Edition, Pearson; or

Sharpe, Norean R., De Veaux, Richard D. et al. Business Statistics, Latest Edition.  Pearson; or

Other textbooks approved by the department.

Use of only Commerce and Business Administration faculty-approved calculators.

Requisites

Prerequisites

FINC 1231 or (Principles of Math 12 with a C or Pre-Calculus 12 with a C or equivalent) OR currently active in the:
PDD Supply Chain Management or
PBD International Supply Chain Management or
PDD Accounting Studies or
PDD Accounting or
PBD Accounting or
PDD Data Analytics or
PBD Computer and Information Systems

Corequisites

Nil

Equivalencies

Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

Requisite for

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

Institution Transfer Details Effective Dates
Acsenda School of Management (ASM) ASM ST 1100 (3) 2006/01/01 to 2010/08/31
Acsenda School of Management (ASM) ASM BADM 221 (3) 2010/09/01 to -
Alexander College (ALEX) ALEX COMM 291 (3) 2008/09/01 to -
Athabasca University (AU) AU MGSC 301 (3) 2014/09/01 to -
Camosun College (CAMO) CAMO BUS 230 (3) 2013/01/01 to -
Capilano University (CAPU) CAPU BADM 210 (3) 2004/09/01 to -
Coquitlam College (COQU) COQU STAT 291 (4) 2004/09/01 to -
Fairleigh Dickinson University (FDU) FDU QUANT 2029 (3) 2007/09/01 to -
Kwantlen Polytechnic University (KPU) DOUG BUSN 3431 (3) & DOUG BUSN 2429 (3) = KPU ACCT 1230 (3), or KPU BUQU 1230 (3) or KPU MATH 2341 (3) 2004/09/01 to 2019/08/31
Kwantlen Polytechnic University (KPU) DOUG BUSN 3431 (3) & DOUG BUSN 2429 (3) = KPU ACCT 1230 (3), or KPU BUQU 1230 (3) or KPU MATH 2341 (3) 2005/05/01 to 2019/08/31
Kwantlen Polytechnic University (KPU) DOUG BUSN 3431 (3) & DOUG BUSN 2429 (3) = KPU ACCT 1230 (3) 2004/09/01 to 2005/04/30
Langara College (LANG) LANG STAT 1123 (3) 2004/09/01 to -
North Island College (NIC) NIC STA 115 (3) 2004/09/01 to -
Simon Fraser University (SFU) SFU STAT 101 (3) or SFU STAT 201 (3) or SFU STAT 203 (3), or SFU BUS 232 (3). Student choice. All courses meet Q requirement. 2019/09/01 to -
Simon Fraser University (SFU) DOUG BUSN 2429 (3) & DOUG BUSN 3431 (3) = SFU BUEC 232 (3) & SFU BUEC 2XX (2), Q; Students may request SFU STAT 101 (3) - Q or SFU STAT 201 (3) - Q or SFU STAT 203 (3) - Q; SFU BUEC 232 (3) or SFU STAT 101 (3) or SFU STAT 201 (3) or SFU STAT 203 (3), Q, based on student request. 2004/09/01 to 2019/08/31
Simon Fraser University (SFU) DOUG BUSN 2429 (3) & DOUG BUSN 3431 (3) = SFU BUS 232 (4) & SFU BUS 2XX (2), both courses meet Q requirement. 2019/09/01 to -
Thompson Rivers University (TRU) TRU BBUS 232 (3) 2004/09/01 to 2010/08/31
Trinity Western University (TWU) TWU BUSI 1XX (3) 2014/01/01 to 2014/04/30
Trinity Western University (TWU) TWU BUSI 275 (3) 2014/05/01 to -
Trinity Western University (TWU) TWU BUSI 275 (3) 2004/09/01 to 2013/12/31
University of British Columbia - Okanagan (UBCO) UBCO STAT 121 (3) or UBCO STAT 124 (3) 2005/05/01 to -
University of British Columbia - Vancouver (UBCV) UBCV COMM 2nd (3), precludes UBCV COMM 291.; DOUG BUSN 3431 (3) & DOUG BUSN 2429 (3) & DOUG BUSN 2290 (3) = UBCV COMM 290 (3) & UBCV COMM 291 (3) 2004/09/01 to -
University of Northern BC (UNBC) UNBC ECON 205 (3) or UNBC MATH 242 (3) 2004/09/01 to 2008/08/31
University of Northern BC (UNBC) UNBC MATH 240 (3) or UNBC ECON 205 (3) 2008/09/01 to 2012/08/31
University of Northern BC (UNBC) UNBC STAT 240 (3) or UNBC ECON 205 (3) 2011/09/01 to -
University of the Fraser Valley (UFV) UFV STAT 106 (4) 2013/01/01 to 2014/08/31
University of the Fraser Valley (UFV) UFV MATH 106 (4) 2005/09/01 to 2012/12/31
University of the Fraser Valley (UFV) UFV STAT 1XX (3) 2014/09/01 to -
University of the Fraser Valley (UFV) UFV MATH 104 (4) 2004/09/01 to 2005/08/31
University of Victoria (UVIC) UVIC STAT 252 (1.5) 2009/01/01 to -
University of Victoria (UVIC) UVIC STAT 252 (1.5) or UVIC STAT 255 (1.5) 2004/09/01 to 2008/12/31
Vancouver Island University (VIU) VIU QUME 232 (3) 2014/09/01 to -

Course Offerings

Winter 2021

CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
12639
Tue
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Hamid
Bassem
Open
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
35
21
14
0
Days
Building
Room
Time
Tue
12:30 - 15:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
12641
Tue
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Law
Victor
Waitlist
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
35
34
1
13
Days
Building
Room
Time
Tue
18:30 - 21:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
14604
Wed Fri
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Ha
Jeffrey
Waitlist
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
33
33
0
8
Days
Building
Room
Time
Wed Fri
8:30 - 10:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
14717
Wed Fri
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Ha
Jeffrey
Waitlist
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
35
34
1
13
Days
Building
Room
Time
Wed Fri
10:30 - 12:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
15082
Wed
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
TBA
(Faculty)
Open
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
33
21
12
0
Days
Building
Room
Time
Wed
18:30 - 21:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
16099
Wed
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Hamid
Bassem
Open
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
35
30
5
0
Days
Building
Room
Time
Wed
12:30 - 15:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
16705
Thu
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Matheson
Laura
Open
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
35
15
20
0
Days
Building
Room
Time
Thu
15:30 - 18:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
16706
Fri
04-Jan-2021
- 12-Apr-2021
04-Jan-2021
12-Apr-2021
Matheson
Laura
Open
Online
This course will include some synchronous on-line activities. Students should plan to be available on-line at scheduled course times. Synchronous on-line activities may include lecture, or they may not. In some courses, synchronous class time may be used instead for active learning components (e.g. discussions, labs).
Max
Enrolled
Remaining
Waitlist
35
8
27
0
Days
Building
Room
Time
Fri
12:30 - 15:20