ST203
Statistics for Management Sciences
This information is for the 2013/14 session.
Teacher responsible
Dr Sara Geneletti Inchauste COL.7.04 and Prof Christopher Skinner COL.7.13
Availability
This course is compulsory on the BSc in Management Sciences. This course is available on the BSc in Accounting and Finance. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.
Not to be taken with: ST201 Statistical Models and Data Analysis, or ST205 Sample Surveys and Experiments
Pre-requisites
Students must have completed Quantitative Methods (Statistics) (ST107) and Quantitative Methods (Mathematics) (MA107).
Course content
A second course in statistics encompassing a wide range of practical issues from the design of surveys and data collection to building models and making inferences. Computer packages used throughout.
There are two lecture courses. ST203.1: Statistical Models and Data Analysis (Dr S Geneletti). Principles of modelling: data preparation, mathematical and statistical models, linear and non-linear models. Simple linear regression. Multiple regression: assumptions, transformations, diagnostics, model selection. Logistic regression: odds ratios and likelihood. Introduction to time series: smoothing, seasonal adjustment, autocorrelation.
ST203.2: Sample Surveys and Experiments (Professor C Skinner). Observational and experimental data. Data quality. Sampling from finite populations. Simple random sampling. Stratified random sampling. Cluster sampling. Survey design. Analysis of survey data.
Teaching
20 hours of lectures, 9 hours of classes and 2 hours of workshops in the MT. 20 hours of lectures and 16 hours of computer workshops in the LT. 4 hours of lectures in the ST.
Indicative reading
R L Scheaffer, W Mendenhall, R L Ott & K G Gerow (2012), Survey Sampling; 7th Edition, F J Fowler Jr (2009), Survey Research Methods, 4th Edition. S. Albright, WL Winston & CJ Zappe, Managerial Statistics. DH Hildebrand and RL Ott Statistical Thinking for Managers.
Assessment
Exam (80%, duration: 3 hours) in the main exam period.
Coursework (20%) in the MT and LT.
Key facts
Department: Statistics
Total students 2012/13: 48
Average class size 2012/13: 13
Value: One Unit
PDAM skills
- Self-management
- Team working
- Problem solving
- Communication
- Application of numeracy skills
Course survey results
(2010/11 - 2012/13 combined)
1 = "best" score, 5 = "worst" scoreThe scores below are average responses.
Response rate: 76.9%
Question |
Average | ||||||
---|---|---|---|---|---|---|---|
Reading list (Q2.1) |
2.6 | ||||||
Materials (Q2.3) |
2.1 | ||||||
Course satisfied (Q2.4) |
2.3 | ||||||
Lectures (Q2.5) |
2.6 | ||||||
Integration (Q2.6) |
2.3 | ||||||
Contact (Q2.7) |
2.4 | ||||||
Feedback (Q2.8) |
2.5 | ||||||
Recommend (Q2.9) |
|