How to make teaching of statistics more effective in business schools?
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Statistics is taught in almost all Business Schools as a core course and prerequisite to may advance economics, finance and accountancy courses. However, Statistics has to be taught in a different way in Business Schools as compared to how it is taught in their own statistics department. There should be more emphasis on applications in Business area rather than theory. There has been lot of interest in teaching of statistics in Business schools for a very long time, for example see Cox (1965), Moore (1976) and Love and Hildebrand (2002). This paper discusses author's experience of teaching statistics in an Australian Business Schools, best curriculum to satisfy other departments and courses, how to make teaching of statistics more interesting and effective and several other issues dealing with teaching of Statistics.
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