School of Management, Unit Catalogue 2007/08 |
MN50345 Analysis for decision making |
| Credits: 3 |
| Level: Masters |
| Modular: no specific semester |
| Semester: 1 |
| Assessment: EX 100% |
| Requisites: |
| Before taking this unit you must take MN50340 and take MN50341 or take MN50352 |
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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. |