Study-Unit Description

Study-Unit Description


CODE MGT1924

 
TITLE Quantitative Techniques

 
UM LEVEL 01 - Year 1 in Modular Undergraduate Course

 
MQF LEVEL 5

 
ECTS CREDITS 4

 
DEPARTMENT Business and Enterprise Management

 
DESCRIPTION Objectives:Content:

Statistics and the Research Process

- The use of descriptive and inferential procedures;
- The meaning of the terms statistic and parameter;
- The difference between and experiment and a correlational study;
- Types of measurement scales.

Frequency Distributions and Percentiles

- How simple frequency, relative frequency, cumulative frequency and percentiles are computed and interpreted;
- How frequency tables, pie charts, bar graphs, histograms and box plots are created;
- What normal, skewed, bimodal and rectangular distributions are and how to interpret them.

Measures of Location and Dispersion

- How measures of central Tendency (mean, mode, and median) describe data and when each is appropriate;
- What is meant by ‘deviations around the mean’ and what they convey about each score’s location and frequency in a normal distribution;
- What is meant by dispersion;
- How measures of dispersion (range and interquartile range) are computed and how to interpret them;
- How to compute th sample variance and standard deviation, the estimated population variance and standard deviation and the true population variance and standard deviation.

Z-scores and the Normal Curve Model

- How to compute and interpret z-scores;
- Applying the standard normal curve model;
- Using z-tables to obtain probability;
- How to compute and interpret the standard error of the mean.

Describing Relationships

- The logic of correlational research and how it is interpreted;
- How to identify the type and strength of a relationship;
- How to interpret the Pearson r correlation coefficient;
- The logic of inferring a population based on sample correlation.

Introduction to Regression Analysis

- How a regression lines summarises a scatterplot
- How the regression equation is used to predict Y scores at a given X;
- Measuring errors in prediction when using regression;
- Computing and interpreting the proportion of variance accounted for.

Overview of statistical Hypothesis Testing

- What Type 1, Type II and statistical power are;
- When experimental hypothesis leads to a one-tailed or two-tailed statistical test;
- How to set up a sampling distribution for one- and two-tailed tests;
- How to interpret significant and non-significant results;
- Hypothesis testing for a single mean and two-sample means, and the test of independence (i.e these include the z-test, the single/paired/independent t-tests, ANOVA and the Chi-square test).

Main Text/s and any supplementary readings:

Reading List:

- Basic Statistics for the Behavioural Sciences, by Gary W. Heiman (Cengage)
- Basic Statistics for Business and Economics, by Douglas Lind, William Marchal and Samuel Wathen (McGraw Hill).

 
ADDITIONAL NOTES This study-unit is only offered at the Gozo centre.

 
STUDY-UNIT TYPE Lecture

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Examination (2 Hours) Yes 100%

 
LECTURER/S Frank H. Bezzina

 

 
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It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years.

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