SYNOPSIS
This course gives an exposure to descriptive statistics, probability, and inferential statistics in economics and other related fields. The topics covered the concept & basic of probability, conditional probability, Bayes theorem, random variable, mathematical expectation, discrete & continuous probability distribution, several special probability distributions such as Bernoulli, Binomial, Poisson, Multinomial, Uniform, Exponential and Normal, sampling and sampling distribution, estimation and hypotheses testing.
LEARNING OUTCOMES
At the end of the course students should be able to:
1. Explain fundamental probability concepts, random variable properties, and joint
distribution laws using appropriate mathematical principles and notation.
2. Solve mathematical and economic problems by applying appropriate discrete,
continuous, and sampling probability distributions.
3. Perform parameter estimation and hypothesis testing procedures to evaluate
statistical evidence in economic models.
This course gives an exposure to descriptive statistics, probability, and inferential statistics in economics and other related fields. The topics covered the concept & basic of probability, conditional probability, Bayes theorem, random variable, mathematical expectation, discrete & continuous probability distribution, several special probability distributions such as Bernoulli, Binomial, Poisson, Multinomial, Uniform, Exponential and Normal, sampling and sampling distribution, estimation and hypotheses testing.
LEARNING OUTCOMES
At the end of the course students should be able to:
1. Explain fundamental probability concepts, random variable properties, and joint
distribution laws using appropriate mathematical principles and notation.
2. Solve mathematical and economic problems by applying appropriate discrete,
continuous, and sampling probability distributions.
3. Perform parameter estimation and hypothesis testing procedures to evaluate
statistical evidence in economic models.
- Teacher: CHIN SU NA Dr.
- Teacher: DARMESAH BINTI GABDA Professor Madya Dr.
Mod Kursus: PTG