Overview
This unit introduces you to the key aspects of statistical analysis: descriptive analytics, diagnostic analytics, predictive analytics and prescriptive analytics. In particular, this unit covers descriptive statistics for revealing the information contained in data; probability as a tool for dealing with uncertainty; probability distributions to model business behaviour; confidence interval … For more content click the Read More button below.
Offerings
S1-01-MALAYSIA-ON-CAMPUS
S2-01-MALAYSIA-ON-CAMPUS
Requisites
Prohibition
Contacts
Chief Examiner(s)
Dr Thangarajah Thiagu
Dr Mogana Darshini Ganggayah
Learning outcomes
On successful completion of this unit, you should be able to:
1.
interpret business and economic data using appropriate descriptive techniques
2.
apply simple concepts of probability and sampling distributions to problems in business and economics
3.
derive statistical inferences using a range of inference methods
4.
conduct meaningful analysis using the linear regression framework
5.
apply simple techniques for forecasting time series data.