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MN50345: Analysis for decision making

Follow this link for further information on academic years Academic Year: 2019/0
Further information on owning departmentsOwning Department/School: School of Management
Further information on credits Credits: 3      [equivalent to 6 CATS credits]
Further information on notional study hours Notional Study Hours: 60
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period:
Modular (no specific semester)
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
  • Examination (EX 100%)
Further information on supplementary assessment Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Further information on descriptions Description: Aims:
This unit aims to show how informed management decision making can be supported by the collection and analysis of relevant data.

Learning Outcomes:
Successful completion of this unit will allow students to understand how insights into decision problems can be gained by applying appropriate methods to collect and analyse data. A key feature of the unit will be the development of critical skills which will allow students to assess the strength and limitations of quantitative analyses presented to them.

Skills:
Critical thinking - facilitated and assessed
Numeracy skills - facilitated and assessed
Research skills - facilitated.

Content:
Methods for collecting data.
Descriptive statistics and exploratory data analysis
Assessing risk.
Interpreting data from samples: inferential statistics.
Correlation and regression models.
Further information on programme availabilityProgramme availability:

MN50345 is Compulsory on the following programmes:

School of Management

Notes: