Business and Economic Statistics A
UoS Code ECMT1010
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites
Corequisites
Prohibitions ECMT1011, ECMT1012, ECMT1013, MATH1015, MATH1005, MATH1905, STAT1021, ECOF1010
Assumed Knowledge
Additional Information
Lectures two 1-hour lectures and one 2-hour workshop per week
Assessment Homework; Quizes; Assignment; Final exam
Description This unit provides an introduction to basic statistics and its applications in economics and business disciplines. Topics include: methods for data management; analysis and interpretation of data; probability; the normal distribution; an introduction to sampling theory and hypothesis testing; and the concepts of regression analysis. A key component is the provision of instruction and experience in the use of computers and statistical software as an aid in the analysis of data. Students are expected to use data resources on the World Wide Web, retrieve data and analyse this data using Excel.