ETW1020

Business and economic statistics

(BUS)

Dr Mahendiran Nair

6 points + First and second semester + Two 1-hour lectures and one 2-hour tutorial class per week + Prohibition: MAT1060 and ETW1640

Synopsis: Introduction to descriptive statistics as they are used in business and economics. Topics include the collection, organisation, presentation and analysis of grouped and un-grouped data; descriptive regression; the analysis of time series data using decomposition methods for trend and seasonality; index numbers with particular application to share price indices and the consumer price index; the main ideas of probability theory as a foundation for statistical inference.

Assessment: Written (3 assignments - computing and report): 30% + Examination (2 hours): 70%