MNGT5331 Statistical Modelling and Forecasting for Business

6 Units of Credit

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This course extends the concepts of hypothesis testing and interval estimation. In particular, these concepts are developed and applied in one and two-sample problems, simple linear regression, multiple linear regression and time series. A consistent theme throughout the course is the concept of model building, in which the data are used in the development a parsimonious summary of the given situation. It will be identified that the resulting models can be used to validate decisions and/or for predictive purposes. The techniques developed in the course are widely applicable in a number of areas of management, including organizational behaviour, marketing, finance and economics.