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Lecture Probability & statistics: Chapter 1 - Bùi Dương Hải

Lecture "Probability & statistics - Chapter 1: Intruction" has contents: Statistics is the fact, statistics, branches of statistics, data sources, population and sample, types of variable types of variable,. Invite you to consult the content. | Lecture Probability & statistics: Chapter 1 - Bùi Dương Hải PROBABILITY & STATISTICS (Bachelor Degree) Bui Duong Hai Faculty of Mathematical Economics - NEU haibd@neu.edu.vn www.mfe.edu.vn/buiduonghai 1 STATISTICS FOR MANAGEMENT– Bui Duong Hai – NEU – www.mfe.edu.vn/buiduonghai Materials TEXT BOOK: [1] Anderson, Sweeney, Williams, Camm, Cochran (2017), Statistics for Business and Economics, 12th Edition, South-Western. [2] Linda H., John F. (2013), Applied Statistics for Business and Management using Microsoft Excel, Springer. [3] Paul Newbold, William L. Carlson, Betty M. Thorne (2013), Statistics for Business and Economics, 8th Edtion, Pearson. PROBABILITY & STATISTICS – Bui Duong Hai – NEU – www.mfe.edu.vn/buiduonghai 2 Materials SOFTWARE: • Microsoft Excel - Data Analysis Toolpak • IBM SPSS Package Calculator DATA and Others: www.mfe.edu.vn/buiduonghai : *Program* > *Class* • Bui Duong Hai (2016), Microsoft Excel Using for Statistics Practice, NEU (Vietnamese version) PROBABILITY & STATISTICS – Bui Duong Hai – NEU – www.mfe.edu.vn/buiduonghai 3 LECTURE 1 - INTRODUCTION Concepts Branches of Statistics Elements of Statistics [1] Chapter 1, pp. 1 – 29. [2] Chapter 1, pp. 1 – 9. PROBABILITY & STATISTICS – Bui Duong Hai – NEU – www.mfe.edu.vn/buiduonghai 4 What is statistics ? Opinion Statistics It seems that there are In total of 16,000 NEU more female students than students, there are 10,000 male in the NEU. females (62.5%) and 6,000 males (37.5%). In general, the older the Age 20-29 30-39 40+ customer is, the less Average money they spend on high- 35 28 23 expense tech products. PROBABILITY & STATISTICS – Bui Duong Hai – NEU – www.mfe.edu.vn/buiduonghai 5 Why statistics ? Problem Statistics Should we invest in high- Retail Return (%) tech stocks rather than Manufaturing High-tech other industries? Construction 0%