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Quantitative Methods

When you'll study it
Semester 1
CATS points
15
ECTS points
7.5
Level
Level 7
Module lead
Jaw-Kai Wang
Academic year
2021-22

Module overview

MANG6003 aims to develop statistical reasoning. Via a series of examples and activities, students are introduced to the idea of probability modelling and how it can be applied to aid decision making in uncertain situations, which are frequently encountered in organisations. On successful completion of this module, students should be able to collect relevant data and summarise the main features of an uncertain situation, to identify standard problems and analyse them with the correct statistical tools, to process and analyse data in a statistical computer package, to understand the risks involved in a decision which involves uncertainty, and quantify such risks. Students should also develop problem solving skills, modelling skills, become familiar with a standard statistical computer package (SPSS), and be able to interpret and critically evaluate statistical results.

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