Inferential Statistics

Description

The focus of the course is on the use of statistical procedures usedrnwith quantitative methods of research and evaluation. In addition tornunderstanding and applying basic concepts and techniques ofrninferential statistics, as well as focusing on appropriaterninterpretation of statistical results, and real-world presentation ofrndata. This course adds to the knowledge of students of how to usernstatistics to analyze data and get inferences that can be used laterrnfor decision making.

Program

Bachelor Degree in Business Administration - Finance Major

Objectives

• After completing this course students should be able to:rnï‚· Understand the difference between descriptive and inferential statisticsrnï‚· Get experience in setting up questions about data which lead to statistical analysis withrnmethods of inferential statisticsrnï‚· Understand statistical concepts introduced during the course, knows the prerequisitesrnfor their correct application and can interpret the results of the analysis correctlyrnï‚· Recognize different types of variables and choose appropriate statistical techniquesrnaccordinglyrnï‚· Use the IBM SPSS statistics software with the aid of the manual for simple datarnprocessing and analysis.