Probability and inference: Probability theory and theoretical distributions for continuous random variables (Uniform, Normal and t). Sampling distributions (means and proportions). Estimation theory and hypothesis testing of sampling averages and proportions (one- and two-sample cases). Optimisation techniques with economic applications: Applications of differentiation in statistic and economic related problems. Integration. Applications of integration in statistic and economic related problems. Systems of equations in equilibrium. The area under a curve and applications of definite integrals in Statistics and Economics. Report writing and presentation. Identification, use, evaluation and interpretation of statistical computer packages and statistical techniques.
BSc students: WST 133 and WTW 135. BCom Extended proramme students who wish to transfer to BCom (Econometrics): WST 133 and WTW 135. BCom students who wish to transfer to BCom (Economics): WST 133 and WTW 133.
1 practical per week, 2 tutorials per week, 4 lectures per week, Foundation Course
Language of tuition
Module is presented in English
Period of presentation
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