Statistics
- Module Code:
- 155901500
- Credits:
- 15
- FHEQ Level:
- 4
- Year of study:
- Year 1 or Year 2
- Taught in:
- Term 2
This is the one of two 15 credit modules to offer a survey of statistical techniques for economists and an introduction to working with economic data.
Objectives and learning outcomes of the module
Upon successful completion of this module a student will be able to:
- Apply basic methods of statistical inference
- Use population parameters and sample estimators, and explain the sampling distribution of an estimator
- Demonstrate understanding of and ability to use normal distribution, chi-square, t and F distributions
- Demonstrate understanding of and ability to use point and interval estimation and hypothesis testing
- Explain the method of ordinary least squares (OLS) and use it to estimate regression coefficients
- Interpret and critically evaluate econometric results
- Explain the assumptions of the classical linear regression model
Method of assessment
- 70% Exam
- 30% Coursework (Online Test)
Suggested reading
TBC