Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Module Offerings
4505IRICBT-JAN-PAR
Aims
The module aims to provide students with an understanding of the role of statistical methodologies in business through both the study of the theory of probability and statistics, and hands-on practice using statistical software with a variety of data types and models.
Learning Outcomes
1.
Calculate and interpret descriptive statistics to summarize a data set.
2.
Calculate and interpret inferential statistics to summarize a data set.
3.
Solve a range of problems using probability theory.
4.
Demonstrate the ability to utilize a software package (Excel and SPSS) for a range of statistical applications.
Module Content
Outline Syllabus:1. Introduction to basic concepts of statistics and statistical thinking
2. Explain the difference between data sets
3. Frequency Measures and Graphical Representation of Data
4. Measures of Central Tendency and Dispersion
5. Association of two variables
6. Probability and elements of probability theory
7. Random variables and probability distributions
8. Inferential statistics
9. Hypothesis testing
10. Linear regression
Additional Information:Recommended reading:
Nolan, S.A. & Heinzen, T.E., (2007), Statistics for Behavioural Sciences, Worth
Publishers
Sharma, J.K., (2008), Business Statistics, (2nd edition), Person Publication
Mason, R.D. & Lind, D.A. (1999), Statistical Techniques in Business & Economics,
(10th edition), McGraw Hill