Statistics 143

Module code STK 143
Qualification Undergraduate
Faculty Faculty of Economic and Management Sciences
Module content

Optimisation techniques with economic applications: system of linear inequalities, solving of linear programming problems by means of the graphical and extreme point methods. Applications of differentiation and integration in statistic and economic related problems: the limit of a function, continuity, rate of change, the derivative of a function, differentiation rules , higher order derivatives, optimisation techniques, the area under a curve and applications of definite and indefinite integrals in  Economic and Probability applications. Introduction to probability theory. Probability and inference: Theoretical distributions. Sampling distributions. Estimation theory  and hypothesis testing of sampling averages and proportions (one-sample and two-sample cases). Non Parametric tests. Report writing and presentation. Identification, use, evaluation and interpretation of statistical computer packages and statistical techniques. 

Module credits 16.00
Prerequisites STK 133 and WTW 133
Contact time 1 practical per week, 2 tutorials per week, 6 lectures per week
Language of tuition English
Academic organisation Statistics
Period of presentation Semester 2

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