MATH08010 2022 Big Data and Statistics
This module will provide students with the skills to solve real business problems using generally accepted practices in the field of statistics and business analytics.
Learning Outcomes
On completion of this module the learner will/should be able to;
Explore data sets and select appropriate statistical methods for business analysis problems.
Perform calculations for measures of correlation and regression.
Effectively use hypothesis tests for decision making.
Utilise computer software in the solution of statistical problems.
Teaching and Learning Strategies
The student will engage with the content of the module through lectures, tutorials and computer labs.
The student will develop and apply their learning through practical examples and exercise sheets.
The student will generate practical computer solutions in the computer labs using various software packages.
Module Assessment Strategies
Written examination at the end of the semester.
Written examination & project during the semester.
Repeat Assessments
Written Exam
Indicative Syllabus
Data Exploration.
Regression and Correlation.
Hypothesis Testing.
Non-Parametric Testing.
Data Analysis using software packages.
Coursework & Assessment Breakdown
Coursework Assessment
Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
---|---|---|---|---|---|---|
1 | Assessment | Coursework Assessment | Assessment | 40 % | OnGoing | 1,2,3,4 |
End of Semester / Year Assessment
Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
---|---|---|---|---|---|---|
1 | Exam | Final Exam | Assessment | 60 % | End of Semester | 1,2,3,4 |
Full Time Mode Workload
Type | Location | Description | Hours | Frequency | Avg Workload |
---|---|---|---|---|---|
Lecture | Not Specified | Lecture | 2 | Weekly | 2.00 |
Supervision | Not Specified | Analysis | 1 | Weekly | 1.00 |
Tutorial | Not Specified | Tutorial | 1 | Weekly | 1.00 |
Independent Learning | Not Specified | Independent Learning | 4 | Weekly | 4.00 |
Required & Recommended Book List
2019-04-08 Business Analytics Mindtap Course List
ISBN 0357109953 ISBN-13 9780357109953
Master data analysis, modeling and the effective use of spreadsheets with the popular BUSINESS ANALYTICS: DATA ANALYSIS AND DECISION MAKING, 7E. The quantitative methods approach in this edition helps you maximize your success with a proven teach-by-example presentation, inviting writing style and complete integration of the latest version of Excel. The approach is also compatible with earlier versions of Excel for your convenience. This edition is more data-oriented than ever before with a new chapter on the two main Power BI tools in Excel -- Power Query and Power Pivot -- and a new section of data visualization with Tableau Public. Current problems and cases demonstrate the importance of the concepts you are learning. In addition, a useful Companion Website provides data and solutions files, SolverTable for optimization sensitivity analysis and Palisade DecisionTools Suite. MindTap online resources are also available.
2008-01-01 Quantitative Methods for Business Decisions Thomson
ISBN 1844805743 ISBN-13 9781844805747
Now entering its 6th edition Quantitative Methods for Business Decisions is regarded as one of the clearest, most accurate and comprehensive European textbooks in its field. Each chapter focuses on a selection of statistical techniques, illustrated with examples from across business, marketing, economics, accounting, finance, and public administration, to appeal to students across the business spectrum. Using a rigorous exercise-based approach this title provides in-depth guidance on how to apply the most widely-used statistical methods in business. The extensive coverage provided makes this text suitable for the teaching of quantitative methods across all business disciplines at undergraduate level and MBA courses.
2014-01-01 Business Analytics: Data Analysis & Decision Making South-Western College Pub
ISBN 1133629601 ISBN-13 9781133629603
Become a master of data analysis, modeling, and spreadsheet use with BUSINESS ANALYTICS: DATA ANALYSIS AND DECISION MAKING, 5E! This quantitative methods text provides users with the tools to succeed with a teach-by-example approach, student-friendly writing style, and complete Excel 2013 integration. It is also compatible with Excel 2010 and 2007. Problem sets and cases provide realistic examples to show the relevance of the material. The Companion Website includes: the Palisade DecisionTools Suite (@RISK, StatTools, PrecisionTree, TopRank, RISKOptimizer, NeuralTools, and Evolver); SolverTable, which allows you to do sensitivity analysis; data and solutions files, PowerPoint slides, and tutorial videos.
2019-04-15 Microsoft Excel 2019 Data Analysis and Business Modeling Microsoft Press
ISBN 1509305882 ISBN-13 9781509305889
Master business modeling and analysis techniques with Microsoft Excel 2019, and transform data into bottom-line results. Written by award-winning educator Wayne Winston, this hands-on, scenario-focused guide shows you how to use the latest Excel tools to integrate data from multiple tables-and how to effectively build a relational data source inside an Excel workbook.
2001-06-22 Doing Statistics for Business with Excel: Data, Inference, and Decision Making Wiley
ISBN 0471408298 ISBN-13 9780471408291
This book teaches students how to do statistics and how to use statistics as a tool for making intelligent, informed decisions. Doing Statistics For Business, Second Edition is data driven, emphasizing statistical reasoning, interpretation, and decision-making with an emphasis is on comparison and interpretation rather than rote calculation. The cases are based on real business situations and data that are relevant to student life.
2020-06-09 Practical Statistics for Data Scientists O'Reilly Media
ISBN 149207294X ISBN-13 9781492072942
Statistical methods are a key part of data science, yet few data scientists have formal statistical training. Courses and books on basic statistics rarely cover the topic from a data science perspective. The second edition of this practical guide--now including examples in Python as well as R--explains how to apply various statistical methods to data science, tells you how to avoid their misuse, and gives you advice on what's important and what's not. Many data scientists use statistical methods but lack a deeper statistical perspective. If you're familiar with the R or Python programming languages, and have had some exposure to statistics but want to learn more, this quick reference bridges the gap in an accessible, readable format. With this updated edition, you'll dive into: Exploratory data analysis Data and sampling distributions Statistical experiments and significance testing Regression and prediction Classification Statistical machine learning Unsupervised learning
2010 Introductory Statistics TBS
ISBN 0470505834 ISBN-13 9780470505830
When it comes to learning statistics, Mann delivers the information that business professionals need. The new edition incorporates the most up-to-date methods and applications to present the latest information in the field. It focuses on explaining how to apply the concepts through case studies and numerous examples. Data integrated throughout the chapters come from a wide range of disciplines and media sources. Over 200 examples are included along with marginal notes and step-by-step solutions. The Decide for Yourself feature also helps business professionals explore real-world problems and solutions.
2006-03-24 Using Statistics Gill & Macmillan Ltd
ISBN 0717140229 ISBN-13 9780717140220
This book uses practical worked examples and problems with answers, in an Irish context. It provides an insight into your processes, allowing you to understand them and ultimately improve them. It can be used alone or in conjunction with any statistical package of choice. Web support is provided for lecturers with PowerPoint slides, web links, and data sets for each chapter, which support all statistical software. This book is suitable for undergraduate students of business, science and engineering, post-graduate students, researchers and professionals. Comments from students: "Very well presented. The author made it seem very simple. The examples use real life, are easy to understand and interesting". "The author understands the worries students have, and knows our limits". "Examples are relevant and easy to relate to".
Module Resources
Jon Curwin, 2008 Quantitative Methods for Business Decisions Thomson
Winston, W., (2019). Microsoft Excel 2019 Data Analysis and Business Modeling. Microsoft Press.
Albright, S., (2014). Business Analytics: Data Analysis & Decision Making. South-Western College Pub.
S. Christian Albright, 2014 Business Analytics: Data Analysis & Decision Making South-Western College Pub
Albright, S., Winston, L., (2019). Business Analytics. Mindtap Course List.