MN50345: Analysis for decision making
[Page last updated: 09 August 2024]
| Academic Year: | 2024/25 |
| Owning Department/School: | School of Management |
| Credits: | 3 [equivalent to 6 CATS credits] |
| Notional Study Hours: | 60 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
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| Assessment Summary: | EX 100% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | |
| 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. |
| Aims: | This unit aims to show how informed management decision making can be supported by the collection and analysis of relevant data. |
| 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. |
| Course availability: |
MN50345 is Compulsory on the following courses:School of Management
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