Quantitative Methods; Descriptive Tools and Approaches

How to present quantitative data using i) diagrams; and ii) descriptive statisticsMeasures of Location Measures of SpreadHow to calculate Mean, Median Mode, and Variance Standard DeviationHow to calculate Mean, Median Mode, and Variance Standard Deviation using ExcelThis course is about the descriptive tools and approaches used in quantitative methods in business. The course is aimed at anyone of the following groups.Bachelor’s taking course on  ‘Quantitative Methods’ or ‘Quantitative Methods in Business’ (200 to 300 level courses);Professional examinations offering similar courses in Quantitative Methods, including CIMA BA1 and CFA Level 1;Business managers; andAnyone interested in learning Quantitative MethodsThe descriptive tools and approaches covered in this course are absolutely essential for anyone pursuing further studies in quantitative methods and students will gain a good understanding of these concepts and their application in a business context. These descriptive tools and approaches taught in this course are also of value to business managers as these are often used in day-to-day business decision making.Furthermore, the descriptive tools and approaches are explained using Excel/Spreadsheets, and therefore this course is of much practical value to students and business managers alike.The courses cover the following topics:Section 1 – Introduction to quantitative methodsWhat is quantitative data?Quantitative methods and business decision makingPresentation of quantitative dataSection 2 – Descriptive tool and approaches- DiagramsFrequency distribution and grouped dataBar charts and pie chartsHistorgram and ogive(Section 1 2 relevant for CIMA BA1 – C. Informational Context of Business (Learning Outcome 1)Section 3 – Measure of locationMean for ungrouped and grouped dataMedian for ungrouped and grouped dataMode for ungrouped and grouped dataComparison of mean, median and modeSection 4 – Measure of spreadRangeInter-quartile range for ungrouped and grouped dataMean absolute deviation for ungrouped and grouped dataVariance and standard deviation for ungrouped and grouped dataSkewness(Section 3 4 relevant for CFA Level 1 Quantitative Methods – Descriptive Statistics)The lecture videos include a comprehensive explanation of the concepts and calculation of the descriptive tools and approaches using Excel for business examples. In addition, students taking this course will receive downloadable power point presentations of the topics covered.Who this course is for:Bachelor’s Degree in Business or Business CoursesBusiness MajorsFoundation level CIMALevel 1 CFA