University of Mauritius

Module Directory

Module Description

Module Name	Module Code	Lecture Hrs	Practical Hrs	Credits
Uncertainty and Inference	STAT1008Y(1)	3	0	6

Description
The nature of uncertainty in business. Subjective and objective methods. The probabilistic framework. Probability distributions. Expectation and variance. Common discrete and continuous distributions. Applications in business. Bayesian approach. Introduction to Statistical Inference: Point and interval estimation. Hypothesis testing. The nature of uncertainty in business. Subjective and objective methods. The probabilistic framework. Probability distributions. Expectation and variance. Common discrete and continuous distributions. Applications in business. Bayesian approach. Introduction to Statistical Inference: Point and interval estimation. Hypothesis testing.
Faculty	Department
FACULTY OF SOCIAL SCIENCES AND HUMANITIES	Department of Economics and Statistics
Contact Details
Administrative assistant: DILMAHOMED BOCUS Bibi Swaleha Telephone: 4037400 Email: s.dilmahomed@uom.ac.mu