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PO2508: UNDERSTANDING STATISTICS (2021-2022)

Last modified: 31 May 2022 13:05


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 Aberdeen Sustained Study No
Co-ordinators
  • Dr Filipa Alexandra da Silva Fernandes

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


Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Contact Teaching Time

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

Teaching Breakdown

  • 1 Computer Practical during University week34
  • 1 Tutorial during University weeks 28 - 33, 35

More Information about Week Numbers


Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Summative Assessments

Alternative Assessment

Two online class tests (15% and 15%) 

1 week assessment in week 39 (70%)

Alternative Resit Assessment

1 week assessment in week 39 (70%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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