Islamic Economics and Finance

The statistics course covers a comprehensive range of topics essential for effective data analysis and decision making in business. Key areas of study include descriptive statistics, probability theory, and various probability distributions. Students will learn about inferential statistics, including hypothesis testing, confidence intervals, and regression analysis. The course also covers the use of statistical software for data analysis and visualization. Emphasis will be placed on real-world applications such as market research, quality control, and financial analysis through case studies and practical exercises. By the end of the course, students will be proficient in applying statistical techniques to analyze business data and derive actionable insights.

The aim of the statistics course is to equip students with the basic statistical skills and knowledge needed to analyze data and make informed business decisions. The course aims to develop students' ability to collect, interpret and present quantitative information, and to provide a solid foundation in statistical methods and their applications in business contexts. By integrating theoretical concepts with practical applications, students will be prepared to use statistical tools and methods to solve business problems, optimize operations and support strategic planning.