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Quant­it­at­ive Busi­ness Re­search

About the course

What you will learn

  • Identify different types of quantitative data and explain basic methods of quantitative data collection and experimental design.
  • Use and critically evaluate the use of graphics, tables, and summary measures to illustrate relationships in data, appropriate for the purpose at hand.
  • Use elementary theory of probability and distributions to calculate sample distributions and the probabilities of alternative outcomes and make basic statistical inferences (tests) about population characteristics from samples.
  • Use and interpret the output of methods to statistically analyze associations in data, such as contingency tables, single and multiple regression, and analysis of variance, and recognize common problems and limitations in such methods.
  • When faced with a specific research question and available data, select one or more appropriate statistical methods to address the question, develop a structured and disciplined approach to statistical analysis critically evaluate the results
  • Account for some inherent pitfalls and limitations in statistical analysis as it is done in practice and suggest ways such problems may be mitigated.