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School of Management, Unit Catalogue 2009/10


MN50345: Analysis for decision making

Click here for further information Credits: 3
Click here for further information Level: Masters
Click here for further information Period: Modular (no specific semester)
Click here for further information Period: Semester 1
Click here for further information Assessment: EX 100%
Click here for further informationSupplementary Assessment: Like-for-like reassessment (where allowed by programme regulations)
Click here for further information Requisites: Before taking this unit you must take MN50340 and take MN50341 or take MN50352
Description: Aims:
This unit aims to show how informed management decision making can be supported by the collection and analysis of relevant data.

Learning Outcomes:
Successful completion of this unit will allow students to understand how insights into decision problems can be gained by applying appropriate methods to collect and analyse data. A key feature of the unit will be the development of critical skills which will allow students to assess the strength and limitations of quantitative analyses presented to them.

Skills:
Critical thinking - facilitated and assessed
Numeracy skills - facilitated and assessed
Research skills - facilitated.

Content:
Methods for collecting data.
Descriptive statistics and exploratory data analysis
Assessing risk.
Interpreting data from samples: inferential statistics.
Correlation and regression models.
NB. Programmes and units are subject to change at any time, in accordance with normal University procedures.