A course to introduce you to statistics, with emphasis on practical applications and problem-solving in commerce.
|Prerequisites and Restrictions|| You must satisfy the following requirement(s):
|Available semesters||Semester 2 2021|
What you will learn
After successfully completing this course, you’ll be able to:
- Explain how data is gathered to support business decisions.
- Appreciate the range of graphical tools and descriptive statistics commonly used to summarise and display numerical information.
- Explain and the concept and suitable uses of a probability distribution.
- Describe the purpose of hypothesis testing to support business decisions.
- Use a computer-generated spreadsheet to generate descriptive statistics and graphs.
- Interpret results of an exploratory data analysis.
- Calculate and interpret probabilities.
- Estimate and interpret confidence intervals.
- Design and test a statistical hypothesis, then interpret the results.
- Demonstrate both integrity and rigour when collecting, presenting and analysing data.
Dr Kathryn Bicknell
Department of Global Value Chains and Trade[email protected]