BUSI41I15: MODELLING AND ANALYSIS FOR MANAGEMENT (EXECUTIVE)

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• To provide students with a sufficiently detailed knowledge of methods for solving quantitative problems to permit them to appreciate material covered elsewhere in the MBA programme.

• Data description.
• The Normal distribution.
• Inference: means, proportions, contingency tables (Chi-squared).
• Applications of statistical models to management problems, e.g. risk and monitoring.
• Linear models: simple regression and applications; introduction to linear programming.

Subject-specific Knowledge:

• By the end of this module, students should have a detailed knowledge of key concepts in data description and statistical modelling; monitoring and hypothesis testing; and linear models.

Subject-specific Skills:

• By the end of this module, students should:
• Be able to use a range of standard statistical tests and apply them to complex management problems;
• Be able to use modelling applications within Excel and apply them to complex management problems.

Key Skills:

• Written communication.
• Planning, organising and time management.
• Problem solving and analysis.
• Using initiative.
• Computer literacy.

• Learning outcomes will be met through a combination of lectures, groupwork, case studies, practical (computer) classes and discussion, supported by guided reading. The summative assessment, by written assignment, will test students' understanding of and ability to apply relevant analytical techniques.

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