| Module code | STK 162 |
| Qualification | Undergraduate |
| Faculty | Faculty of Economic and Management Sciences |
| Module content | Statistical and economic applications of quantitative techniques Systems of linear equations: Drafting, matrices, solving, application. Optimization: Linear functions (two and more independent variables), non-linear functions (one and two independent variables). Marginal and total functions. Stochastic and deterministic variables in statistical and economic context: Producer and consumer surplus, distribution functions, probability distributions, probability density functions. Identification, use, evaluation, interpretation of statistical computer packages and statistical techniques. |
| Module credits | 7.00 |
| Programmes |
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| Service modules | Faculty of Natural and Agricultural Sciences |
| Prerequisites | STK 110 GS or both STK 113 GS and STK 123 GS |
| Contact time | 1 practical per week, 3 lectures per week |
| Language of tuition | Separate classes for Afrikaans and English |
| Department | Statistics |
| Period of presentation | Quarter 4 |
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