<SOURCE TABLE="Economics:Eco::v3.196">
<SUBJECT ID="316-129" CODEUSED="316-129">
<TITLE>BUSINESS STATISTICS</TITLE>
<COORDINATOR>Dr G Lim
<SEMESTER>Second semester
<CONTACT>Two 1-hour lectures and a 1-hour tutorial a week.
<OBJECTIVES>On completion of this subject students should be able to:
<ul>
<li>succinctly summarise the properties of data sets which typically arise in economics and finance, including their movement over time;
<li>know and understand the properties and uses of theoretical statistical distributions which are employed in economics and finance;
<li>use sample information to make statistical inferences about a population.
</ul>
</OBJECTIVES>
<CONTENT>Data analysis; major probability distributions; point and interval estimation; hypothesis testing; analysis of variance. Applications to Accounting, Economics and Finance.
<ASSESSMENT>A 2-hour end-of-semester examination (80 per cent) and assignment not exceeding 40 pages in total (20 per cent).
<PRESCRIBEDTEXTS>
<ATEXT>Weiers Rm I<i>ntroduction to Business Statistics</i> 2nd Edition Dryden Press
</PRESCRIBEDTEXTS>
<NOTE>Students may not gain credit for both 316-129 Business Statistics and 316-130 Quantitative Methods 1.
</SUBJECT>
</SOURCE>


