This course aims to provide a review of methods for statistical inference, and develop an understanding of how these tools can be applied in a variety of business problems. The emphasis of this course would be on applications, through practical examples and cases. A variety of statistical software will be introduced. Topics covered include descriptive statistics, probability distributions, hypothesis testing, regression, design of experiments and analysis of variance.
Descriptive Analytics (BAN 827)
Programs\Type | Required | Core Elective | Area Elective |
Business Analytics - Non Thesis | * |
CONTENT
PROGRAMME OUTCOMES
1. Develop the ability to use critical, analytical, and reflective thinking and reasoning 5
2. Reflect on social and ethical responsibilities in his/her professional life. 5
3. Gain experience and confidence in the dissemination of project/research outputs 4
4. Work responsibly and creatively as an individual or as a member or leader of a team and in multidisciplinary environments. 5
5. Communicate effectively by oral, written, graphical and technological means and have competency in English. 5
6. Independently reach and acquire information, and develop appreciation of the need for continuously learning and updating. 4
1. Develop, interpret and use statistical analyses in decision making. 5
1. Demonstrated understanding of data-driven decision modeling and analysis concepts/frameworks. 5
2. Knowledge of and hands-on experience with fundamentals of business analytics, management information systems, statistical and prediction models. 5
3. Ability to transform complex data into valuable insight and resulting value-adding actions. 5
4. Skills in hands-on data-mining tools and techniques. 5
5. Exposure to the analytical methods in basic business disciplines such as marketing, operations, and finance 5