STAV102: Business Statistics (12 credits)
This module consists of 56 single lectures (4 per week), 14 practicals (1 per week) and 28 tutorials (2 per week) during the second semester.
Pre-requisites
As per faculty requirements.
Content
1. Data: Acquisition, management, patterns and summary measures.
2. Probability: Basic probability concepts, random variables, expected value.
3. Discrete probability distributions: Bernoulli, Binomial and Poisson.
4. Continuous probability distributions: Uniform, Normal and Exponential. Statistical sampling. Point
5. Estimation and the sampling distribution of the sample mean. Interval estimation of population mean. Statistical test for population mean, proportion and variance. Comparisons of two populations. Simple linear regression analysis. Time series analysis.