Mekele University

College of Business and Economics

Department of Marketing
General Management Team course plan

I. Course Information
Course Title: Managerial Statistics
Course Code: Mgmt 104
Credit Hours: 3
Program: BA Degree in Marketing (Year II, Semester I)
Prerequisites: Mathematics for Management
Academic Year: 2010/11
Course Coordinator: Mr.Abebe Tilahun
Office Location: Newbuilding 05
Email: abebetile@gmail.com

Teaching Team Members (Instructors) and their address:

1. Name: Etsegenet Kidane Email: etsegenet_1985@yahoo.com

II. Course Details

a. Course Description

Because of the ever increasing size and complexities of modern decision

making, there arises a need for every manager to make a sound and timely
decision which requires collecting, processing and analysis of data on the
facts expressed in quantitative forms. Thus, there is hardly field in the
modern world where statistical tools are not applicable. The application of
statistics pervades virtually every area of activity, research and development,
manpower planning, and accounting.

b. Course Objectives

At the end of this course students will be able to:

 Familiarize with the statistical techniques which are helpful in

managerial and administrative decision making problems.

 Deal with application side rather than the theoretical aspects.

  Work towards decision making areas and careers using statistical tools.

 Acquire a wider perspective in how to express decisions in

quantitative forms

 Have a clear understanding of statistical tools.

III. Course contents

Week Contents Specific objectives (Students Exercises, quizzes

at the end of each chapters and Assignments
able to :)
One, two and three I. Introduction  Understand meanings Lecture1,2,3 and
1.1 Definition and use of statistics exercises
of statistics  Differentiate the
1.2 Descriptive and
categories of statistics
Inferential statistics

Four and five II.Probability  Can define Lecture 4,5 and

Theory probability exercises ,Quiz I
2.1 Definitions  Understand the
2.2 Basic probability
concepts of
concepts
2.3 Approaches to probability
probability  Acquire knowledge
2.4 Events with their of rules and events of
probability ,and rules probability
of probability

Six ,Seven and Eight III.Probability  Deal with two types Lecture 6,7,8 and
Distributions of probability 9 and exercises
3.1Discrete  Differentiate various
probability
,class works
types and rules of ,Group work
Distributions
a. The Binomial probability
Distribution
b. The Hyper –
Geometric
Distribution
c. The Poisson
Distribution
3.2Continuous
Probability
Distribution
a. Normal
Probability
Distribution

Nine and ten IV.Sampling and  Define sampling and Lecture 10,11and
Sampling Distribution its theory 12,Exercises and
 4.1Sampling Theory  Can acquire class work,
4.2Sampling knowledge in Quiz II
Distribution of the computing sampling
mean distribution
4.3Sampling
Distribution of the
proportion

Eleven V.Statistical  Define statistical Lecture 13,14 and

Estimation Estimation 15,class wok
5.1Point Estimation  Compute points of
of the mean and
exercises and
estimation of the Assignment
proportion
5.2Interval Estimator mean and proportion
of the mean and
proportion

Twelve VI.Hypothesis Testing  Understand What and Lecture 15,16,and

6.1Basic concepts when did they use 17,class work and
6.2Steps in hypothesis testing
Hypothesis
Quiz III
 Can Compute type I
testing
6.3Type-I and Type-II and type II errors
errors  Understand the use of
6.4One tailed and hypothesis
two tailed
Hypothesis tests

Optional VII.Chi-square  Define Chi-square Lecture 16,17…

Distributions  Know use of chi-
7.1Areas of square for a decision
Application
making
7.2Tests of
Independence
between two
variables
7.3Testing for the
equality of more
than two
population
proportions

Optional VIII.Analysis of  Define ANOVA

Variance (ANOVA)  Know the areas of its
8.1Areas of application
Application
8.2Comparisons of  Can Compare the
the means of more means of two
than two population
population
 IV. Teaching Methods and Organization

The course will be delivered in a combination of lectures, discussions,

exercises, group works, class work outs, solving problems and cases that
attach the theory with the real world. Additional support will be given based
on the progress and interest of the students.

Students should work out problems, worksheets and read textbooks and
notes before the lecture .Their participation in the class is what is expected
out of them. Attendance records will be taken at all times.

V. Assessment

The mode of evaluation will contain a continuous assessment method:

 Three quizzes (45%)

 Individual assignment (15%)

 Final exam (40%)

VI. Grading

Students will be graded using criteria referenced and fixed scale grading .Letter
grades are assigned as:

A=[85,100],A- =[80,85),B+=[75,80),B=[65,75),B-
=[61.25,65),C+=[57.5,61.25),C=[50,57.5),C-
=[46.25,50),D+=[42.5,46.25),D=[35,42.5),F=[0,35)

VII. Responsibilities of Students

Students supposed to attend classes, participate in class discussion, perform their

own assignments by themselves, perform group assignments and share
responsibilities and activities in group, and refer library sources of the course.
Students must conduct quizzes and exams in the university honestly, use
university’s resources and behave ethically. They should exert any effort stated
above which can cope up them to keep up with the universities criteria referenced
and fixed Grading system.

References:

1. Karl Bown, Basic statistics for Business and Economics ,1st edition

2. Sandy, Robert , Statistics for Business and Economics , 1st edition

3. B.C Ericker ,Advanced General Statics

4. Laptin,statistics for modern Business Decision

5. Stockton and Clark, Introduction to Business and Economics statics

6. Anderson,William and Sweeny ,statistics for Business and Economics, 5th

edition, west publishing co.Newyork,1990.

N.B: you can use any other statistics reference books from CBE Library