International Business Studies PT
Apply Icon

Business Statistics (E)

level of course unit

1. Study cycle, Bachelor

Learning outcomes of course unit

The students are able to:
• independently analyze empirical data with suitable statistical methods and interpret the results.
• explain the differences between descriptive and inductive statistics.
• identify and independently implement essential statistical procedures.
• analyze and answer questions from the economic professional practice with statis-tical methods.
• competently use the Microsoft Excel software package for a wide range of data analyses and, if necessary, to fall back on alternative software such as SPSS or R.
• create and interpret concentration measures for the analysis of e.g. income inequality

prerequisites and co-requisites

Course: Business Mathematics

course contents

• Basic concepts of statistics
• Univariate and multivariate data description
• Basics of probability theory and theoretical distributions
• Estimation procedures and statistical tests
• Software like MS Excel (in-depth) and/or SPSS/R (on an illustrative basis)
• Gini coefficient and Herfindahl index

recommended or required reading

• Anderson, David R.; Sweeney, Dennis J.; Williams, Thomas A.: Essentials of Modern Business Statistics with MS Excel. South Western
• Jaggia, Sanjiv; Kelly, Alison: Business Statistics: Communicating with Numbers. McGraw-Hill Education (latest edition)
• De Veaux, Richard D.; Velleman; Paul F.; Sharpe, Norean Radke: Business Statistics, Global Edition. Pearson Education Limited (latest edition)

assessment methods and criteria

Online tasks, term paper, exam

language of instruction


number of ECTS credits allocated


eLearning quota in percent


course-hours-per-week (chw)


planned learning activities and teaching methods

Blended Learning

semester/trimester when the course unit is delivered


name of lecturer(s)

Prof. (FH) Dr. Peter Dietrich

course unit code


type of course unit

integrated lecture

mode of delivery


work placement(s)