Business Statistics is a compulsory course in the first semester. This course requires a certain foundation in mathematics and probability analysis. If students have been exposed to advanced mathematics, probability theory and mathematical statistics at the undergraduate level, this course will be relatively easy to learn.

ETF5900 This topic mainly follows the following process: variable introduction---discrete variable distribution---continuous variable distribution---hypothesis test---chi-square distribution test---regression analysis---time series analysis. There is a strong causal relationship between each of the above knowledge points. For example, the distribution of discrete and continuous variables, as well as related statistical tests, can only be understood if the basic concepts of variables are understood. Therefore, it is recommended to study this course with a coherent attitude. If the knowledge in the middle chapters is not well mastered, it will directly affect the learning of subsequent knowledge points.

The ETF5900 exam and grading in Statistics are done in two main ways, the usual assignments and a final exam. Among them, unlike some other courses, regular assignments in statistics require the completion of one or two sets of calculations and short-answer questions. These questions that do not have high requirements for English require a higher basic understanding of knowledge points. Moreover, the homework must be very detailed, because the teacher will deduct points for very small problems. For example, if a student produced a graph but did not add a border to the graph or indicate the units of the data, points would be deducted. Final exams should not be mistaken by students for pure math exams. Statistics final exams are usually nearly half or more than half expository questions. This type of question not only requires you to be able to calculate the correct result but also requires you to be able to write its inner meaning, especially in business scenarios. That's why the course is called "Business Statistics" and not "Statistics". Therefore, when students are reviewing at the end of the term, it is not enough to just be able to calculate the final data results, but also to understand the meaning of the calculated data and be able to express it clearly. If not, it will directly affect the learning of subsequent knowledge points. Need help clicking GPA.

common problem

Is this class computationally intensive? Is it all math? A: Computing is only a part of this course, accounting for about half of the learning content. Another part of the course requires you to be able to articulate the meaning of computational data and describe what the data is used for and what it means in a business context.

Was it easy to pass the course? A: This course has a certain failure rate every year, so students need to spend more time on this course. One of the difficulties of the final exam is that the amount of questions is very large (this is not alarmist, a considerable number of students cannot finish the final exam every semester), which makes many students unable to write all the questions within the specified time. Therefore, you should spend as much time as possible during the week practising these questions.

Is a calculator required for this course? Answer: Yes. There are many topics in this course that require calculators. Is it easy to get high marks in this course? A: Practice the questions repeatedly every week. If the proficiency reaches a certain level, you will have a chance to get a high score. Oh, by the way, you must complete the homework carefully and try to avoid deducting points for the homework.

Is the English language requirement high for this course? A: No, not really. Teachers don't take into account the syntax and grammar of English writing when marking test papers. As long as there is no ambiguity in what you write and the teacher understands what you are trying to say, you will be fine.

How much time per week is recommended for this course? A: In addition to the weekly class time, it is usually recommended to spend 3-5 hours per week practising the questions repeatedly. Also, if you don't get enough of this week's takeaways, you should spend a little more time teaching yourself. For more details click on GPA Expert.

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