Dulliau Asesu

Math o Asesiad

Manylion Asesiad

Cyfran
Asesiad Semester Written case study report: 2,000 words 40%
Arholiad Semester 2 Awr Written exam 60%
Asesiad Ailsefyll Written case study report: 2,000 words 40%
Arholiad Ailsefyll 2 Awr Written exam 60%

Canlyniadau Dysgu

Wedi cwblhau'r modiwl dylai'r myfyrwyr fedru:

  1. Apply mathematical and algebraic methods to solve problems.
  2. Summarize data using descriptive statistics and graphical methods.
  3. Calculate and interpret correlations, and estimate an ordinary least squares regression.
  4. Calculate normal and binomial probabilities, and use statistical tables.
  5. Carry out statistical tests and interpret the results.
  6. Solve simple linear programming problems.

Disgrifiad cryno

This module introduces a number of quantitative techniques, and develops the use of statistical analysis at an introductory level. The importance of quantitative methods in informing analysis and good decision making for the effective running of organizations cannot be overestimated. The module provides the opportunity to build and improve numerical, mathematical and statistical skills, and apply these to practical problems in the context of finance, economics and business.

Cynnwys

• Mathematical and algebraic methods for problem-solving
• Linear functions and equations, including simultaneous equations
• Spreadsheet applications in cost and management accounting
• Sampling techniques: random, systematic, stratified, multistage, cluster and quota
• Presentation of information using tables, charts and graphs: bar charts, line graphs, pie charts and scatter graphs
• Linear regression analysis
• Time series analysis: cyclical, trend, seasonal variation and random elements
• Trend, moving average and seasonality
• Index numbers
• Spreadsheets applications in cost and management accounting
• Sensitivity analysis and “what if” analysis
• Linear programming problems, and solutions using the graphical method.
• Probability distributions, mean and standard deviation, expected value tables
• Decision trees for multi-stage decision problems
• Sensitivity analysis and “what if” analysis

Sgiliau Modiwl

Math o Sgiliau

Manylion Sgiliau
Cyfathrebu Written report of case study must be clear and well structured. Good listening skills are also essential and students will develop confidence in oral communication during the tutorials.
Datblygu personol a chynllunio gyrfa Development of critical approach to data analysis and presentation.
Datrys Problemau Identify the precise problem to be solved. Assess which data are pertinent to the problem. Recognize that alternative solution methods might be available. Select and apply appropriate methods for solving the problem. Assess the reasonableness of problem solutions and interpret those solutions.
Gwaith Tim Students will be encouraged to work together on questions during the example classes, in practical sessions and in the case study work.
Gwella dysgu a pherfformiad ei hun Identify and use a range of learning resources. Structure study to accommodate intensive learning, completion of work on time and necessary preparation between lectures. Identify and distil the key issues covered by lectures, tutorials and exercises.
Rhifedd Core to the module, Includes: Develop an easy familiarity with numerical data sources and numerical data. Apply numerical data to problem solving with care and accuracy. Assess the reasonableness of and interpret numerical solutions. Support assertions/arguments with appropriately developed and presented numerical data. Calculate and use a variety of statistics. Apply mathematical formulae.
Sgiliau pwnc penodol Purpose of module is to equip students with basic mathematical, statistical and analytical skills which can be built on in subsequent modules.
Sgiliau ymchwil Identify which information sources are available to: Facilitate module study (understanding, wider reading). Provide data which allow application of module learning in a real world context. Critically assess information.
Technoleg Gwybodaeth Practical sessions and individual work will involve using a spreadsheet package.

Nodau

Mae'r modiwl hwn yn cydymffurfio a FfCChC Lefel 4