Dr Nicholas Cron COL.7.10 and Dr Wicher Bergsma COL.6.06

This course is available on the BSc in Accounting and Finance. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.

This course is for students without a strong background in Mathematics, e.g. without A level Mathematics. Available for first year BSc Accounting and Finance students and also to other students who want to gain a grounding in statistics and probability.. This course cannot be taken with ST102 Elementary Statistical Theory, ST107 Quantitative Methods (Statistics) or ST103 Statistical Methods for Social Research.

No background in statistics is required. The course itself will provide the necessary foundation in probability and distribution theory.

A basic foundation in elementary statistical methods, theory and statistical reasoning. Probability, random variable theory and distributions. Normal distribution, sampling concepts and sampling distributions. Estimation significances tests and confidence intervals, one and two-sample methods. Linear regression, correlation. Test for proportions, simple contingency tables. Basic decision theory.

14 hours of lectures and 8 hours of classes in the MT. 20 hours of lectures and 10 hours of classes in the LT. 3 hours of lectures and 3 hours of classes in the ST.

Notes will be provided and form the basic reading material. Pointers will be given to further reading.

Exam (70%, duration: 3 hours) in the main exam period.
Other (30%) in the MT and LT.