Statistical Analysis

Programme Overview

Students learn statistical techniques for further study in business, economics, and finance. The module covers sampling distributions, probability, confidence intervals, hypothesis testing, regression and correlation, basic modelling, analysis of variance, and chi-square testing. The module emphasises statistics to solve management problems.

Learning Outcomes

1. Organise and present quantitative data such that trends and conclusions are suggested.
2. Infer some characteristics of a population by examining a portion of the population.
3. Compare characteristics of different populations.
4. Make informed decisions in a probabilistic business environment.
5. Think critically with respect to quantitative information.