Quantitative Analysis for Business

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BUS B273

More information: Course Guide
QUANTITATIVE ANALYSIS FOR BUSINESS

BUS B273

More information: Course Guide

QUANTITATIVE ANALYSIS FOR BUSINESS

Course Start Date
Aut 2022
Course Level
Middle
Length in Terms
2 terms
Credits
10
Language
English
Fees ($) (including lab fees)
12,400
Future Terms
Aut 23
Quota and Schedule
Course Start Date
Course LevelLength in TermsCredits
Language
Fees ($) (including lab fees)
Future Terms
Aut 2022
Middle2 terms10
English
12,400
Aut 23

Course Coordinator: Yau Chi-wai, BBA (The George Washington University, US); MS (American University, US); MFin (PolyU)

Course Developer: Ken Chan, HKMU

Aims
The course aims to provide students with analytical skills required for applying appropriate statistical methods as well as quantitative analysis in making business decisions. It also aims to provide students with essential statistics and management science skills that are needed in other business courses.

Contents
The course covers the following topics:

  • Data, sample design and descriptive statistics
  • Probability and probability distributions
  • Sampling distributions and interval estimation
  • Hypothesis testing for one population
  • Hypothesis testing for two populations and chi-squared test
  • Analysis of variance and linear regression
  • Time-series analysis and forecasting
  • Linear programming
  • Decision analysis
  • Project management

Learning support
There will be ten three-hour tutorials.

Assessment
There are three assignments and one examination. Students must use word processing software (such as Microsoft Word) to prepare the assignments, and submit the assignments via the Online Learning Environment (OLE).

Set book(s)
Keller, G (2018) Managerial Statistics, 11th edn, South-Western Cengage Learning.

Hillier, F and Hillier, M (2017) Introduction to Management Science, A Modeling and Case Studies Approach with Spreadsheets, 6th edn, McGraw Hill.