Objectives and competences
Students:
1. Are familiare with the applicability of statistical methods for solving business problems.
2. Acquire knowledge how to collect and sort quantitative data.
3. Acquire analytical mathematical-statistical approach to analyse business problems, by using appropriate statistical methods.
4. Are familiare with statistical software (EXCELL, SPSS).
Content (Syllabus outline)
• Statistics and business decision-making
• Data collection
• Data presentation
• Relative numbers
• Measures of central tendency, measures of dispersion, skewness and curtosis
• Normal distribution
• Basics of simple regression
• Basics of time series analysis and forecasting
• Basics of sampling
• Use of software packages (EXCEL, SPSS)
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
Students:
1. Understand basic concepts of .descriptive and mathematical statistics.
2. Learn to apply statistical methods in solving business problems.
3. Can demonstrate awareness of ethical issues in the field of statistical analysis.
4. Are able to discuss ethical issues in relation to personal beliefs and values.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
Students:
1. Can analyse with guidance using given classification/principles.
2. Can collect and arrange data and ideas in a standard way.
3. Can evaluate the reliability of data using defined techniques and under guidance.
4. Students develop greater independence of thought and the ability to solve problems.
Key/Transferable skills
Students:
1. Use ICT.
2. Develop skills for team work.
3. Develop professional ethics.
4. Develop learning techniques and strategies for individual study, permanent reflection and evaluation.
5. Develop interest for lifelong learning.
Readings
Obvezna študijska literatura (Compulsory textbooks):
Tominc, P., Rožman, M., (2023) Poslovna statistika, Univerzitetna založba Maribor, Univerza v Mariboru.
Artenjak J. (2003), Poslovna statistika, Ekonomsko-poslovna fakulteta Maribor: EPF.
ROŽMAN, Maja, TOMINC, Polona. Poslovna statistika in statistika (drugi del predmeta) : gradivo : naloge za laboratorijske vaje. Maribor: Ekonomsko-poslovna fakulteta, 1. jun. 2019. 35 str., ilustr., graf. prikazi, tabele. [COBISS.SI-ID 13603100]
Dodatna študijska literature (Additonal textbooks):
Izbrana poglavja (Selected chapters)
McClave, J.T., Benson, P.G., Sincich, T. (2011). Statistics for Business and Economics, Pearson Prentice Hall.
Groebner, D.F., Shannon, P.W., Fry, P.C. Smith, K.D. (2011). Business statistics – a decision-making approach, Pearson Prentice Hall. Dostopno na spletu May 15, 2019/Accessed on May 15, 2019 at: https://myadm2014.files.wordpress.com/2017/02/david-f-groebner-patrick-w-shannon-phillip-c-fry-kent-d-smith-business-statistics-8th-edition-20101.pdf
