production
Skip to Content

PO2508: UNDERSTANDING STATISTICS (2017-2018)

Last modified: 31 Aug 2017 14:38


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
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Nan Liu

Qualification Prerequisites

  • Programme Level 2

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

  • Any Undergraduate Programme (Studied)

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

Degree Programmes for which this Course is Prescribed

  • Accountancy Joint
  • Accountancy Major
  • Bachelor Of Science In Business Mngmt & Information Systems
  • Finance Joint
  • MA Accountancy
  • MA Accountancy-Finance
  • MA Accountancy-Legal Studies
  • MA Behavioural Studies-Business Management
  • MA Business Management
  • MA Finance
  • MA Real Estate
  • Management Studies Joint
  • Management Studies Major
  • Management Studies Minor
  • Property Joint

Contact Teaching Time

55 hours

This is the total time spent in lectures, tutorials and other class teaching.

Teaching Breakdown


Assessment

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.

Compatibility Mode

We have detected that you are have compatibility mode enabled or are using an old version of Internet Explorer. You either need to switch off compatibility mode for this site or upgrade your browser.