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MA-116-G Statistics Applied in Business Adminstration
On successful completion of the course, the student should be able to
- describe data with different statistical measures center and variation
- assess ethical problems when working with experiments
- understand important basic concepts in probability and statistics as for instance independence, conditional probability and describe different probability distributions
- transform problems from everyday to forms and models where they can find probabilities or use statistical analysis
- use statistical methods in estimating, hypotheses testing and confidence interval. They should also be able to understand applications in economics and business of administration
- use some statistical analysis and interpret the results. The course will also give a short introduction to statistical program for data analysis.
The course gives a foundation in probability and statistics. This includes both descriptive statistics and descriptive measures related to different probability distributions. The course includes basic concepts as independence and conditional probability. It includes also testing and estimating in one and two samples and in a multinomial situation. Testing by normal distribution, t-distribution and chi square distribution will be done. The cours includes also correlation and simple linear regression.
Lectures and group work.
All compulsory assignments must have obtained a Pass
A 4-hour written examination. Differentiated grades.
Associate professor Gorm Jacobsen.
Available on request
The syllabus will be published on the home page of the course when finalised. See link in the upper right hand corner of the page.
- 7.5 ECTS credits
MA-123- G - 5 ECTS credits
ME-102- G - 5 ECTS credits
Faculty of Economics and Social Sciences