Statistical Analysis and Methods
University of Glasgow
Area of Study
Taught In English
Recommended U.S. Semester Credits5
Recommended U.S. Quarter Units7
Hours & Credits
The general aim of this introductory course in statistics is to provide a challenging and interesting introduction to the application of statistics to conducting business and financial research.
This course aims to encourage students to acquire statistical reasoning and thinking skills and to relate those skills to business problem solving and conducting business research.
Students will explore:
- Frameworks and concepts relevant for developing statistical reasoning
- Frameworks and concepts relevant for statistical thinking
- How statistical models, concepts and reasoning can be used to examine the relationships across business and financial variables
- How to communicate effectively with peers, colleagues and specialists
- How to work with others in a problem solving context
- Build skills in identifying the sources of business and financial data for statistical analysis
By the end of this course students will be able to:
1.Utilise different types of graphical displays and descriptive statistics appropriate to characterise different types of business and financial data.
2.Compare the characteristics of different probability distributions relevant to business and financial research.
3.Be aware of the different types of sampling techniques
4.Estimate the population mean using point and interval estimators.
5.Conduct a rigorous hypothesis test using sample information.
6.Use linear regression models to estimate the relationship between variables
Courses and course hours of instruction are subject to change.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.