ETF5912 Data analysis in business

When you finish this unit, you should be able to:

1. 1

   define different sampling techniques and use Excel to generate samples from these techniques

2. 2

   demonstrate an understanding of the role of inference and hypothesis testing in statistics and their value when applied in financial, marketing and management fields

3. 3

   conduct hypothesis tests for means and proportions of single populations, identify significant differences between two populations in terms of means, proportions and variances and interpret the value of these techniques in business

4. 4

   interpret and analyse the results of a regression analysis using a linear model, a model which incorporates dummy variables, or models involving nonlinear terms.