ST104a Statistics Assignment Exercise 1 – UK.
It was welcoming to the realm of statistical analysis! It is a field with unmatched application that is utilized across a variety of disciplines like management, finance, business economics, and many other areas within Social Sciences. ST104a Statistics 1 provides you with the chance to understand the basics of the subject. It will provide you with essential quantitative skills and abilities of analysis, which are widely sought-after by employers in a variety of industries.
ST104a
Statistics Assignment Exercise 1 – UK
The
focus of the course is applying statistical methods in the fields of
management, economics, and social sciences. Particular attention will be paid
to the understanding of the results and tables as well as the most appropriate
method to approach problems involving statistics.
Learning
results
At
the conclusion of the course, having completed the required tasks and readings,
You should be able to:
- Be familiar with the main
concepts of statistics that are available to anyone with moderate maths
proficiency.
- Utilize regularly various
strategies for explaining the data, presenting it concisely, and clearly
interpreting results with relevant diagrams, titles, and labels when
needed.
- Know how to explain the concept
of randomness and variance and how they are linked to probability theory
in order to permit the systematic and rational collection of statistical
methods that are of practical use in various applications.
- Get a solid foundation in
probability theory and a grasp of the most popular statistical techniques.
- Learn how to use inference
tests to determine the validity of commonly used measures like
proportions, means, and standards and also conduct the chi-squared test of
contingency tables.
- Learn to apply simple linear
regression and correlation analysis, and be aware of the appropriate times
to use it.
The
topics are covered.
- Introduction: This class introduces
some of the fundamental ideas of statistical theory, focusing on the
application of these techniques and the analysis of the tables and
outcomes.
- Background basics: Elementary summation signs,
basic probability, Venn, and tree diagrams.
- The collection of information: Elements of survey
design, the phases of a survey, concepts that randomness is a good thing,
observations, and the experiment.
- Data analysis and presentation: Measures of descriptive
statistics. Localization and dispersion, as well as pictorial and graphic
representation.
- Normal distribution: estimation of the mean
proportion standard deviation as well as confidence intervals and testing
hypotheses. Methods of testing for variations between proportions and
means. Use of Student's t.
- Goodness of Fit: The chi-square
distribution and contingency tables
- Regression and Correlation: An introduction to the
concepts of correlation and regression, least squares estimation of a, the
b, and the r scatter diagrams.
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