On completion of the course the successful student will be able to:
· Use appropriate statistical techniques to summarise and interpret numerical data;
· Calculate unconditional and conditional probabilities;
· Work with discrete and continuous random variables and their distribution functions;
· Critically analyse the appropriateness of using different statistical tools in a given situation;
· Analyse data and work with multivariate probability distributions;
· Use functions of random variables;
· Understand the Sampling Distributions, Convergence Theorems, Law of Large Numbers and the Central Limit Theorem;
· Use different estimation techniques knowing the properties of estimators;
· Conduct different hypothesis-testing procedures;
· Work individually as well as in a team and appreciate the importance of attendance, co-operation, contribution and responsibility in completing seminar questions and participating in problem solving classes.Make analysis of variance and estimate regression models;
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