Statistical foundations

Statistical foundations

Bachelor of Business Studies (BBS) — First Year

Subject: Business Statistics (MGT 202)

Unit 1: Introduction to Statistics

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of statistical foundations.
• Select suitable statistical procedures, carry out calculations and interpret business results.

Curriculum Scope

• Meaning, scope and limitations
• Importance in business and management

Detailed Microsyllabus

1. Statistical foundations

   1. Meaning of statistics as data and as methods.
   2. Descriptive and inferential uses.
   3. Scope of statistics in business and management.

2. Uses and limitations

   1. Summarizing variation and supporting comparisons.
   2. Limits arising from data quality, aggregation and assumptions.
   3. Distinguish statistical evidence from unsupported conclusions.

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Curriculum reference: Tribhuvan University, Faculty of Management, BBS curriculum with first-year syllabus, PDF pages 14-16.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit lecture hours apply to the whole unit; no separate topic hours or marks are assigned here.