Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to collect and understand data relevant to banking, finance and international trade; determine and apply relevant statistical techniques to enable analysis, forecasting and valid statistical conclusions to be drawn; understand the limitations of data and technique used in forecasting and making conclusions.
Synopsis Development of statistical tools and methodology to enable students to make statistical inferences about population parameters; data collection and control; simple and multiple regression analyses, time-series analysis, forecasting methodology and control.
Assessment Test: 15% + Tutor's assessment: 5% + Assignment: 20% + Examination (2 hours): 60% + Students must pass the examination in order to pass the subject. + The final mark that a student receives for the subject will be determined by the subject leader taking into account all aspects of assessment.