WIW38010 – Business Statistics

Module
Business Statistics
Business Statistics
Module number
WIW38010
Version: 1
Faculty
Business Administration
Level
Master
Duration
1 Semester
Semester
Summer and Winter semester
Module supervisor

Prof. Dr. Christian-Andreas Schumann
Christian.Schumann(at)fh-zwickau.de

Lecturer(s)

Lecturer of the Armenian State University of Economics (ASUE)

Course language(s)

English
in "Business Statistics"

ECTS credits

5.00 credits

Workload

150 hours

Courses

4.00 SCH (2.00 SCH Vorlesung | 2.00 SCH Seminar)

Self-study time

90.00 hours

Pre-examination(s)

Participation
in "Business Statistics"

Examination(s)

schriftliche Prüfungsleistung
Module examination | Examination time: 90 min | Weighting: 100% | wird in englischer Sprache abgenommen
in "Business Statistics"

Media type
No information
Instruction content/structure
  • describe data with descriptive statistics;
  • perform statistical analyses;
  • interpret the results of statistical analyses;
  • make inferences about the population from sample data.
Qualification objectives

The aim of the subject is to provide students with an understanding of the data and its relevance in business and develop an understanding of the quantitative techniques of statistics. A particular emphasis is placed on developing the ability to interpret the numerical information that forms the basis of decision-making in business. Most of the examples are drawn from a variety of business applications. This module introduces business statistics and fundamental aspects of decision-making. It examines aspects of business with regards to basic statistical analysis. Students will be provided with the theoretical concepts, tools and methods of statistics as well as the opportunity to work through example problems.      

Special admission requirements

keine

Recommended prerequisites
  • Basic math skills
  • Basic computer skills
Continuation options
No information
Literature
  • Introductory Business Statistics: A. Holmes, B. Illowsky, S. Dean. Rice University 2018.
  • Basic Business Statistics: Concepts and Applications, Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan. Pearson 2019.
Notes

This subject will be studied in 2nd and 3rd semester at the ASUE, Yerevan, Armenia as an elective one.

Lecturer – Prof. Anush Shirinyan

Prerequisite for examiniation admission:

  • Proof of participation
Assignment to curriculum
No information