Statistics

The goals and objectives of business statistics are consistent with the goals and objectives of the business. They include an assessment of the availability of resources and their use, indicators of production, financial results. Formation
databases, methods of analysis of variance, the use of regression models and measurement of correlation
relations, methods of analysis of dynamics, all these problems are considered within the framework of this discipline.

The goal of mastering the discipline

The goal of mastering the discipline is the acquisition by students of the necessary skills in applying methods of quantitative statistical analysis in various economic situations and business processes.

The skills you get

  • Knowledge of basic concepts, methods of collection, processing and analysis, tabular and graphical presentation of results and presentation of conclusions; construction, calculation and analysis of statistical indicators characterizing the phenomena in the business environment.
  • Ability to obtain the necessary statistical information to complete the task, substantiate methods for analyzing statistical data, analyze and interpret business statistics data.
  • Skills in independent collection and analysis of information, thorough statistical analysis and effective presentation of results.

Topics covered

  • Introduction to business statistics
  • Descriptive statistics
  • Probability
  • Confidence intervals
  • Correlation

When instructed

  • 2nd year, 2nd semester

List of references and sourses

1. Eliseeva I. I. Business statistics / I. I. Eliseeva, 2020. - 411 p.
2. Siegel A. Practical Business Statistics
3. Ronald M. W. Introduction to Business Statistics