Business Statistics II

Faculty
Commerce & Business Administration
Department
Business
Course Code
BUSN 3431
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 covers advanced topics in quantitative analysis including: analysis of variance, time series and forecasting, linear and multiple regression, and decision analysis. The focus is to develop understanding of the use of data, data analysis, statistical inference and model building as applied to business decisions and to be able to assess the validity and interpret the meaning of statistical information. Spreadsheets and statistical software will be utilized in problem-solving. Students are expected to already have basic Excel skills.
Course Content
  1. Review of Statistics: sampling methods, interval estimation and hypothesis testing, 1 and 2 populations
  2. Chi-square applications and pivot tables
  3. Non-parametric techniques for analysis of categorical and ranked data
  4. ANOVA and basic principles of experimental design
  5. Linear Regression, Correlation and Scatterplots: interpreting r and R2, t and F tests, examining residuals, estimation and prediction, computer solutions
  6. Multiple Regression and Model Building: meetings assumptions and conditions, examining residuals and diagnostics, adding qualitative variables, log and other transformations
  7. Forecasting and Time Series:  components, smoothing, trend projection, seasonality, accuracy, projection using regression.
  8. Decision Analysis:  structuring the problem, decision-making under certainty and risk, expected value, graphical sensitivity analysis
  9. Index numbers and more Linear Programming applications (if time permits)
Methods Of Instruction

Lectures and computer seminars.

Means of Assessment
Final Examination        30%
Term Tests 20%-40%*
Research Project(s) 10%-30%
Assignments/Quizzes 10%-20%
Participation    0%-5%
       100%

 *includes at least 5% related to statistical analysis using computers

Students must obtain a grade of at least 50% on the combined examinations/tests to obtain credit for the course.

Learning Outcomes

The student will be able to:

  1. create interval estimates and conduct hypothesis tests of means and proportions to assess statistical and practical significance;
  2. analyze categorical data using pivot tables and chi-square analysis;
  3. build and apply regression models for estimation and prediction;
  4. develop forecasts using smoothing techniques and regression;
  5. analyze decisions using probability theory;
  6. use computer spreadsheets and statistical software in solving statistical problems.
  7. assess validity and appropriateness of statistical techniques and study design.
Textbook Materials

Textbooks and Materials to be Purchased by Students

Sharpe, DeVeaux, Velleman and Wright. Business Statistics, latest Cdn ed., Pearson Canada

or Donnelly, Robert A. Jr..; Business Statistics, latest ed., Pearson

or similar Business Statistics textbook as approved by department

Department approved Business Calculator

Requisites

Prerequisites

(BUSN 2429 or MATH 1160) with a minimum grade of C

Corequisites

No corequisite courses.

Equivalencies

No equivalent courses.

Requisite for

This course is not required for any other course.

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
Athabasca University (AU) AU MGSC 312 (3) 2015/01/01 to -
Camosun College (CAMO) CAMO BUS 231 (3) 2013/01/01 to -
Capilano University (CAPU) CAPU BADM 310 (3) 2004/09/01 to -
Coast Mountain College (CMTN) CMTN MATH 251 (3) 2015/01/01 to -
College of New Caledonia (CNC) CNC MATH 2XX (3) 2015/01/01 to -
College of the Rockies (COTR) COTR STAT 1XX (3) 2015/01/01 to -
Fairleigh Dickinson University (FDU) FDU DSCI 2130 (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 3223 (3) 2006/01/01 to -
Northern Lights College (NLC) NLC MGMT 290 (3) & NLC MATH 104 (3) 2015/01/01 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 2004/09/01 to 2019/08/31
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.; 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 BUEC 2330 (3) 2010/09/01 to 2014/12/31
Thompson Rivers University (TRU) TRU ECON 2330 (3) 2015/01/01 to -
Trinity Western University (TWU) TWU BUSI 276 (3) 2004/09/01 to 2009/04/30
Trinity Western University (TWU) TWU BUSI 275 (3) 2009/05/01 to 2013/12/31
Trinity Western University (TWU) TWU BUSI 2XX (3), Waives TWU BUSI 275 when taken with DOUG BUSN 2429 (3) 2014/01/01 to -
University Canada West (UCW) UCW MATH 200 (3) 2015/01/01 to -
University of British Columbia - Vancouver (UBCV) UBCV COMM 291 (3); 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 2XX (3) 2004/09/01 to -
University of the Fraser Valley (UFV) UFV BUS 226 (3) 2004/09/01 to -
University of Victoria (UVIC) UVIC STAT 256 (1.5) 2015/01/01 to -
University of Victoria (UVIC) UVIC STAT 256 (1.5) or UVIC STAT 2XX (1.5) 2004/09/01 to 2014/12/31
Vancouver Community College (VCC) VCC HOSP 3910 (3) 2015/01/01 to -
Vancouver Island University (VIU) VIU QUME 436 (3) 2004/09/01 to -

Course Offerings

Winter 2021

CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
13924
Tue
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
35
0
35
0
Days
Building
Room
Time
Tue
12:30 - 15:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
14120
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
35
0
35
0
Days
Building
Room
Time
Wed
18:30 - 21:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
14440
Thu
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
35
0
35
0
Days
Building
Room
Time
Thu
12:30 - 15:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
16414
Thu
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
35
0
35
0
Days
Building
Room
Time
Thu
15:30 - 18:20