0
This course will be taught using a combination of formal lectures and tutorials. Formal lectures will be used to demonstrate principles and methods. Assignments will be set following on from material covered in class and students will be given individual assistance with these in smaller groups. Use will be made of computer packages to facilitate learning and to ensure that the student is familiar with the available statistical packages. As far as possible the students will be encouraged to source data themselves and analyse it using the methods studied in class.
ASSESSMENT METHODSCourse work will account for 40% of the marks, course work will be typically presented in the following formats, e.g., multiple choice exams, case studies, primary research projects. On module completion an examination will account for the remaining 60% of the marks.
PRIMARY READINGQuantitative Methods for Decision Makers, 2nd Edition, Mik Wisniewski
Pitman Publishing
RECOMMENDED READING LISTQuantitative Methods for Business, 3rd Edition, Donald Waters, FT/Prentice Hall
Quantitative approaches in Business Studies, 5th Edition, Clare Morris, FT/ Prentice Hall
Essential Quantitative Methods for Business Management and Finance, 2nd Edition, Les Oakshott, Palgrave
Use will also be made of Journals, Newspapers and financial publications.
Add your answer:
Earn +20 pts
Importance of statistics in commerce and business field?
statistics had a great role in the business and commerce field . it also had agreat role in the field of research.
Role of statistics in business management and administration?
Yes
What are the importance of statistics in business organization?
plays vital role in classification and analyses of data
What are the importance of statistics in business?
plays vital role in classification and analyses of data
What is the role of statistics in the banking and finance proffession?
check
What is the role of mathematics in business management?
Mathematics plays a crucial role in business management by providing tools for analyzing, interpreting, and making decisions based on quantitative data. Concepts such as statistics, calculus, and linear algebra are used to forecast trends, optimize processes, and evaluate financial performance. Mathematical models help in risk assessment, resource allocation, and strategic planning, ultimately aiding in the efficient operation and growth of businesses.
Importance of statistics in commerce and business field?
statistics had a great role in the business and commerce field . it also had agreat role in the field of research.
Role of statistics in business management and administration?
Yes
What is the role of statistics in accounting?
Statistics play a very vital role in accounting. They help in the interpretation of data which is crucial for making proper accounting decisions.
What is the role of quantitative methods in actual business?
Quantitative methods, such as statistics, help managers make better decisions. Statistical information about customers can help managers determine whether they want to enter new markets or not.
What is role of price elasticity of demand in business decision?
role of price elasticity of demand in managerial decisions
What is the role of mathematics in computer science?
what is the role of computer in mathematics what is the role of computer in mathematics
What are the importance of statistics in business organization?
plays vital role in classification and analyses of data
What is the Role of statistics in IT?
Mostly used by business analysts to help end-users perform statistical analysis.
Importance of statistics in mathematics?
Statistical plays a central role in almost all natural and social sciences. The methods of natural sciences are most reliable but conclusions draw from them are only probable, because they are based on incomplete evidence. Statistical helps in describing these measurements more precisely. Statistics is branch of applied mathematics. The large number of statistical methods like probability averages, dispersions, estimation etc… is used in mathematics and different techniques of pure mathematics like integration, differentiation and algebra are used in statistics.
What is the role of statistics in marketing research?
Role of Statistics starts when we are interested in getting information from the data we are having. Making research we can generate data. But most of the time looking simply at the data it is very much tough to draw any conclusion. On analysing data we can get information. this information help in drawing conclusions and also helps in taking useful decisions. Data in the real world subjected to have errors. Only statistical analysis is feasible for error affected data, because when there the question of erroneous data comes in most case Mathematics (rather say Non-statistical mathematics??) fails. Nobdody can ignore the role of statistics in modern world. In present days theory of statistics is applied in every field of science say it is medical science, agricultural science physiology, geology or any other science.
Statistics and information technology?
Statistics is the collection, analysis, and interpretation of data to make informed decisions. Information technology involves the use of computers and telecommunications to store, retrieve, and transmit data. Statistics plays a crucial role in information technology by providing insights into data patterns and trends, which helps in making data-driven decisions and improving IT systems and processes.
