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Business and Economic Statistics B
UoS Code ECMT1020
Credit points 6
Offered Semester 1, Semester 2 and Summer
Prerequisites ECMT1010 or ECOF1010
Corequisites
Prohibitions ECMT1021, ECMT1022, ECMT1023
Assumed Knowledge
Additional Information Other than in exceptional circumstances, it is strongly recommended that students do not undertake Business and Economic Statistics B before attempting Business and Economic Statistics A.
Lectures two 1-hour lectures and one 2-hour workshop per week
Assessment Three quizzes; Workshop questions/homework; Assignment; Final exam
Description This unit broadens the knowledge gained in the unit, ECMT1010 Business and Economic Statistics A by introducing further tools (and their applications) for use in economics, finance, marketing and accounting. This unit features practical applications. Possible topics include: further aspects of hypothesis testing including goodness-of-fit models; regression analysis including a brief introduction to logit models, time series and its applications to economics and finance; input-output analysis; index numbers and mathematics of finance. The material is further complemented by mathematical topics including matrices and partial differentiation. In addition, students are expected to use data resources on the World Wide Web, retrieve data and analyse this data using Excel.