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  6. PO2508: UNDERSTANDING STATISTICS

PO2508: UNDERSTANDING STATISTICS (2015-2016)

Last modified: 25 Mar 2016 11:34


Course Overview

This course aims to provide students with an understanding of statistical concepts and methods relevant to accounting, management, finance, real estate and economics. The course is intended to enable students

i) To understand the principles of descriptive statistics, index construction, statistical inference, correlation, regression and time series analysis

ii) To apply statistical techniques to the analysis of accounting, business and economic issues and interpret findings

iii) To identify important sources of data in accounting, business and economics

Course Details

Study Type Undergraduate Level 2
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Martin Wersing

Qualification Prerequisites

None.

What courses & programmes must have been taken before this course?

  • Any Undergraduate Programme (Studied)
  • One of Programme Level 2 or Programme Level 3 or Programme Level 4

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The course provides an introduction to the following concepts in an accessible and straightforward manner: Graphical techniques for summarising data; Summary descriptive measures of central location and variability; Index numbers; Probability and probability distributions; Confidence intervals; Hypothesis testing; The X2 and F distributions; Correlation; Regression analysis Time series analysis and forecasting

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

1st Attempt: 1 two-hour examination (70%); continuous assessment (30%) consisting of an in-course test (10%) and a graded written assignment (20%) of 1,500 words in length.

Resit: 1 two-hour examination (100%).

Formative Assessment

This will take place via weekly tutorial exercises and in the computer workshops.

Feedback

Oral feedback is given during tutorials and model answers provided to tutorial exercises. Model answers will also be provided for the in-course test while individual written feedback will be provided for the course assignment.

Course Learning Outcomes

None.
 

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