
Fundamentals of Quantitative Methods
Program: Bachelor of Business and Administration (Specialisations: Business, Finance, Governance)
ECTS: 4
Lecturer: Dr. Magdalena Skolimowska-Kulig
Email: magdalena.skolimowska-kulig@uwr.edu.pl
Type: Compulsory
Level: Elementary
Lecture
Number of hours: 2h X 8 weeks = 16 hours (1 semester)
Classes
Number of hours: 2h X 7 weeks = 14 hours (1 semester)
Objective:
The course introduces basic ideas and concepts of statistics. The purpose is to provide a gentle way into the subject for those without a statistical background. The course acquaints students with graphical and numerical methods of data presentation, and basic data analytic techniques based on statistical inference.
The aim:
To acquaint students with methods of data presentation and description.
To present the most-used methods of basic statistics.
Acquired knowledge:
Knowledge of basic methods of displaying data.
Knowledge of basic statistical inference.
Acquired skills:
Collecting, describing and analyzing data at primary level.
Using basic statistical inference methods.
Developed reflection:
Ability of critical judgment based on data analysis.
Assessment:
The final grade consists of: exam ( 40%), term papers ( 40% ), class activity ( 20% ).
Contents:
Describing and displaying data with graphs and numbers. Density curves, normal distribution.
Relationships in data: scatterplots correlation, least- squares regression.
Producing data -experiments design and survey sampling.
Introduction to probability. Random variables and sampling distributions.
Introduction to inference; estimation with confidence, tests of significance.
Inference for population mean and proportion.
Recommended reading:
Introduction to the Practice of Statistics, Moore,D.S., . McCabe,G.P., Craig, B.A. W. H. Freeman and Company, New York, 2009.
Basic statistics for business & economics Lind, D.A.,, Marchal,W. G., Wathen, S. A., The McGraw-Hill Companies. McGraw-Hill Higher Education, Boston, 2006.