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Business and Economic Statistics A Adv
UoS Code ECOF1010
Credit points 6
Offered Semester 1
Prerequisites
Corequisites
Prohibitions ECMT1010
Assumed Knowledge
Additional Information Entry into this unit is by invitation only.
Lectures two 1-hour lectures and one 2-hour workshop per week
Assessment Two quizzes; Group assignment; Homework; 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 from the internet, retrieve data and analyse this data using Excel. This course is an advanced version of ECMT1010 Business and Economic Statistics A, and will cover the same topics as that unit.