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Statistics 113


 
Module code STK 113
Qualification Undergraduate
Faculty Faculty of Economic and Management Sciences
Module content

Students can only get credit for one of the following modules: STK 133 or STK 113 *On their own, STK 133 and STK 143 will not be recognised for degree purposes, but exemption will be granted for STK 110.


Mathematical concepts for the business student: Statistical applications of quantitative techniques. Systems of linear equations: solving and application. Differentiation: Rules and application using the rules. Optimisation, linear functions, non-linear functions, Integration: Rules and application using the rules, Marginal and total functions, Stochastic and deterministic variables in a statistical and practical context: producers’ and consumers’ surplus. Linear programming. Matrix algebra. Limits and continuity.
Statistical and mathematical concepts are demonstrated and interpreted through Excel (practical coding) and simulation within a data science framework.
 
Module credits 11.00
NQF Level 05
Service modules Faculty of Humanities
Prerequisites No prerequisites.
Contact time 1 practical per week, 1 tutorial per week, 3 lectures per week
Language of tuition Module is presented in English
Department Statistics
Period of presentation Semester 1
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