Lahore University of Management Sciences

Course Outline

MATH 231- Statistics

Spring 2017-2018

Instructor Hira Nadeem

Room No. 9-117A
Office Hours TBA
Email hira.nadeem@lums.edu.pk
Telephone 8395
Secretary/TA Shazia Zafar & Noreen Sohail /
TA Office Hours TBA
Course URL (if any) TBA

Course Basics
Credit Hours 4
Lecture(s) Nbr of Lec(s) Per Week 2 Duration 100 minutes
Recitation/Lab (per week) Nbr of Lec(s) Per Week Duration
Tutorial (per week) Nbr of Lec(s) Per Week Duration

Course Distribution
Core
Elective Elective
Open for Student
Category

Category

COURSE DESCRIPTION
An introduction of Mathematics and Statistics is important for students who concentrate their studies in sciences. Maturity in
Statistical tools as commonly obtained through logical thinking and rigorous analysis is essential towards mastering fundamental
topics in Business and Management Studies.
This course covers fundamental statistical tools required for decision making purposes. After a brief review of elementary
probability theory essential for statistics, we teach the techniques for organizing and presenting the raw data. After this, simple
and multiple regression and correlation analysis will be studied. Basic idea of central limit theorem will naturally leads towards
the confidence intervals and hypothesis tests for mean and proportion. Tests of significance based upon Z, t, F and Chi – Square
will be discussed. The concept of one way and two way Analysis of Variance will be given so that students do not feel any
difficulty to understand econometric course.

COURSE PREREQUISITE(S)
Math-230 (Probability)
 Lahore University of Management Sciences

COURSE OBJECTIVES
At the end of course the student should be able to do the following
• Convert raw data into presentable / meaningful form
• Able to perform correlation and regression analysis
• Able to apply appropriate test for decision making

Grading Breakup and Policy

Assignment(s): 10%
Quiz(s): 20%
Project: 10%
Midterm Examination: 25%
Final Examination: 35%

Examination Detail

Yes/No: Yes
Midterm Combine Separate: Separate
Exam Duration: 90 minutes
Preferred Date: To be announce later
Exam Specifications: Closed Book / Closed Notes /No Help Sheet / Calculator Allowed

Yes/No: Yes
Final Exam Combine Separate: Separate
Duration: 2 Hours
Exam Specifications: Closed Book / Closed Notes /No Help Sheet / Calculator Allowed
 Lahore University of Management Sciences
COURSE OVERVIEW
Recommended
Session Topic
Readings
• Random variable, Expectations
1. • Revision of probability concepts including Binomial, Poisson and Normal
Distribution
• Types of studies including Cross‐sectional, Cohort and Time Series studies
• Odd Ratios and Relative Risks
2.
• Introduction to Statistics, Variables, different types of variables, Data and
its types
• Numeric presentation of Quantitative and Qualitative variables: Frequency
Distribution
3.
• Graphic Presentation of Quantitative and Qualitative Variables: Charts and
Histograms
• Use of R program for creating variables, both quantitative and quantitative,
histograms, bar charts.
Basic Measures of Location: Mean, Median and mode
• Basic Measures of Dispersion: Variance, Standard Deviation, Coefficient of
4. Variation
• Using R program to find measures of central tendency along with variance and
standard deviation.
• The Chebyshev’s Result and its use
Simple Linear Regression
5. • Use R program to illustrate simple linear regression models.
• Simple and Rank Correlation and its use
6.
• The Multiple Linear Regression
• The multiple Linear Regression (continued)
7. Multiple and Partial Correlations
• Use R to illustrate multiple linear regression models.
Midterm
• Introduction to Survey Sampling Concepts
8.
• Different Sampling Methods
• Sampling Distribution of Sample Mean and variance
9. • Application of Central Limit Theorem
• Introduction to Inferential Statistics
• Interval Estimation for Single Mean and Proportion
10. • Interval Estimation for Two Means and Proportion
• The Hypothesis Testing concepts
Testing of Hypothesis for Single Mean, Variance and Proportion
11. • Use R for hypothesis testing.
• Testing of Hypothesis for Two Means, Variances and Proportions
12.
• Test of Correlation Coefficients and regression
• Tests based upon ‐distribution
13. • Testing Goodness of Fit for Binomial and Poisson distributions
• The one Way Analysis of Variance with applications
14. • The two Way Analysis of Variance with applications

Textbook(s)/Supplementary Readings

Statistics, 3rd Edition by Freedman, Pissani and Purves