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Study information

# Introduction to Statistics

Module title Introduction to Statistics INT1003 2023/4 15 Michael Samuel Hughes (Convenor)
 Duration: Term Duration: Weeks 1 2 3 12 12 12
 Number students taking module (anticipated) 305

## Module description

Statistics inform decision makers in all areas of society, for example, Government policymakers, investment planners, business managers, education providers or healthcare managers. In this module you will learn how to summarise and analyse data, test hypotheses and find relationships between different features in a business context. You will learn how to use statistics to draw conclusions, make sensible decisions and justify your decisions in your business presentations.

This module is the equivalent of BEE1025 / BEA1012 / BEE1022 / BEM1024 . No prior knowledge of statistics is assumed for this module.

## Module aims - intentions of the module

This module is an introduction to the basic concepts of statistics and will give a strong foundation to the statistical content that will be continued in the second year of a business degree. It will provide students with an understanding of the statistical methodologies used in economics, in the business and management environments, and also other disciplines of study.

## Intended Learning Outcomes (ILOs)

### ILO: Module-specific skills

On successfully completing the module you will be able to...

• 1. Compute and graph salient features of data manually
• 2. Carry out hypothesis testing in a variety of contexts
• 3. Calculate basic statistics and use them to describe and compare data
• 4. Apply parametric and non-parametric statistical tests
• 5. Interpret the results of statistical tests in a variety of situations
• 6. Fit, interpret and predict using bivariate regression models
• 7. Demonstrate a strong foundation in probability

### ILO: Discipline-specific skills

On successfully completing the module you will be able to...

• 8. Apply fundamental statistical methods
• 9. Analyse data and draw conclusions
• 10. Calculate and interpret statistical parameters

### ILO: Personal and key skills

On successfully completing the module you will be able to...

• 11. Develop a toolkit for data analysis
• 12. Present information in different formats

## Syllabus plan

• Introduction to StatisticsScales of measurement

• Descriptive Statistics: Frequency Tables, Frequency Distributions

• Descriptive Statistics: Numerical Measures

• Descriptive Statistics: Graphical Methods

• Discrete and continuous random variables

• Discrete and continuous probability distributions

• Classical probability concepts

• Sampling Methods and the Central Limit Theorem

• Estimation and Confidence Intervals

• One and two-sample Tests of Hypothesis

• Analysis of Variance

• Correlation and Linear Regression

• Nonparametric Methods: Goodness-of-Fit and Tests of Independence

## Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
6090

## Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled learning and teaching activities (Synchronous)20Pre-recorded lectures
Scheduled learning and teaching activities (Synchronous)40Seminar  these will be teacher led. You should prepare for each seminar based on the related lecture.
Formative assessed activities (Asynchronous)20Working on solving problems, online activities.
Guided Independent Study70Reading and research, Practice of techniques, Web-based activities.

## Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
18 quizzes covering weekly topics and exam style questions 1 hour each 1-12Online

## Summative assessment (% of credit)

CourseworkWritten examsPractical exams
3070

## Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Written examination 1 (open book) 101 hour1, 3, 6, 7, 8, 9, 10, 11, 12 Verbal in lectures, on ELE
Written examination 2 (open book) 602 hours2, 4, 5, 7, 8, 9, 10, 11, 12 On ELE
Coursework assessments-ELE Quizzes 304 assessed ELE Quizzes at 5 hours each1-12Online and verbal

## Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
All assessments (deferral) As above As above Next assessment opportunity
Written Examination (referral) 2.5 hour written examination 1-12 Next assessment opportunity

## Re-assessment notes

RE-ASSESSMENT NOTES

Deferral – if you miss an assessment for reasons judged legitimate by the Mitigation Committee, the applicable assessment will normally be deferred. See ‘Details of reassessment’ for the form that assessment usually takes. When deferral occurs, there is ordinarily no change to the overall weighting of that assessment.

Referral – if you have failed the module overall (i.e. a final overall module mark of less than 40%) you will be required to take a re-sit exam. Only your performance in this exam will count towards your final module grade. A grade of 40% will be awarded if the examination is passed.

## Indicative learning resources - Basic reading

Basic reading:

Hughes M. (2019). An Introduction to Statistics. Pearson

Lind, D. A., Marchal, W. G. &Wathen, S. A. (2013). Basic Statistics for Business & Economics (8th Ed.). New York: McGraw Hill Irwin.

## Indicative learning resources - Web based and electronic resources

Basic reading:

Hughes M. (2019). An Introduction to Statistics. Pearson

Lind, D. A., Marchal, W. G. &Wathen, S. A. (2013). Basic Statistics for Business & Economics (8th Ed.). New York: McGraw Hill Irwin.

Web based and electronic resources:https://vohmrknxu6hheya1997j6a-on.drv.tw/TextBook/Introduction to Statistics-FC7.html

ELE – Course Lectures are available through the Exeter VLE in addition to online assessments.

Web based and electronic resources: ELE – http://vle.exeter.ac.uk/course/view.php?id=3291 (Cohort 1)

Other resources, through both self-research and those presented or referenced by the lecturer.

## Indicative learning resources - Other resources

Other resources,  through both self research and those presented or referenced to by the lecturer

### Key words search

Statistics, business statistics, descriptive statistics, calculating correlation, regression, averagetrends, sampling distributionprobability distribution, mean, confidence intervals, normal distribution, probability, hypothesis testing

Credit value 15 7.5 None None 4 No 16/05/08 16/06/2023