- To provide students with adequate statistical tools and enable them to understand some basic descriptive and analytical statistical method. Topics covered include regression and correlation analysis and time-series. Also students in this course will:
- Understand and discuss some of the issues and problems associated with collecting and interpreting data from surveys, and other statistical studies.
- Understand the concepts of probability, random variables and their distributions, in particular the binomial distribution and normal distributions.
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The students should be able to:
- Design surveys and collect relevant data.
- Present results in a logical and readable format.
- Identify techniques to consider a structured problem.
- Summarize and present statistical data by using means, measures of dispersion and graphs.
- Estimate population parameters from sample statistics with appropriate confidence intervals.
- Present data using different types of graphical and tabular representation.
- Use simple and multiple regression models to estimate and test for linear relationships between a dependent variable and one or more independent variables.
- Compute simple and multiple correlation coefficients.
- Use a time-series model to identify and calculate trend and seasonal variation.
- Work as a member of learning set/group.
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