THM 303 Statistics and Quantitative Methods
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Statistics and its role in managerial decision making, discrete and continuous numerical data, level of measurement for numerical data, graphical description of data, descriptive measures, basic counting rules, probability concepts, discrete probability distributions, continuous probability distributions; standard, normal, t, chi square and f distribution, sampling and statistical inference, hypothesis testing, bivariate data, regression, correlation.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
MATH 105 or THM 164.
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