| Module code | STK 143 |
| Qualification | Undergraduate |
| Faculty | Faculty of Economic and Management Sciences |
| Module content | Optimisation techniques with economic applications: system of linear inequalities, solving of linear programming problems by means of the graphical and extreme point methods. Applications of differentiation and integration in statistic and economic related problems: the limit of a function, continuity, rate of change, the derivative of a function, differentiation rules , higher order derivatives, optimisation techniques, the area under a curve and applications of definite and indefinite integrals in Economic and Probability applications. Introduction to probability theory. Probability and inference: Theoretical distributions. Sampling distributions. Estimation theory and hypothesis testing of sampling averages and proportions (one-sample and two-sample cases). Non Parametric tests. Report writing and presentation. Identification, use, evaluation and interpretation of statistical computer packages and statistical techniques. |
| Module credits | 16.00 |
| Programmes | |
| Prerequisites | STK 133 and WTW 133 |
| Contact time | 1 practical per week, 2 tutorials per week, 6 lectures per week, Foundation Course |
| Language of tuition | Module is presented in English |
| Department | Statistics |
| Period of presentation | Semester 2 |
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