This unit provides an accessible foundation in the principles of probability and mathematical statistics that underlie the statistical techniques employed in the fields of econometrics and management science. These principles are applied to various modelling situations and decision making problems in business and economics.
1x2hr lecture/week, 1x1hr tutorial/week
2x500wd assignments (20%), 1x1.5hr mid-semester test (30%), 1x2hr final exam (50%)
ECMT2150 or ECMT2110 or ECMT2010Prohibitions
ECMT3620 or ECMT3720 or ECMT3210