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Quantitative Methods

Quantitative Methods

David Targett

To make decisions you need to have access to information. Business information is often numbers and statistics. The quantitative methods course enables you to make good decisions and to organise and understand numbers. That makes it important for managers.

Topics covered

  • Simple uses and misuses of statistics.
  • School mathematics applied to management.
  • Data communication.
  • Data analysis.
  • Summary measures.
  • Sampling methods.
  • Distributions.
  • Statistical inference.
  • More distributions.
  • Analysis of variance.
  • Regression and correlation.
  • Advanced regression analysis.
  • The context of forecasting.
  • Time series techniques.
  • Managing forecasts.
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Safwat Kabany

Safwat Kabany
Syria

For Safwat Kabany, from Syria, doing his MBA with Edinburgh Business School was the most logical choice. "I'm in the petrochemical industry and Heriot-Watt University is one of the world-leading academic institutions in this field of industry. I therefore knew a lot about the high standards at Heriot-Watt and these are certainly evident in EBS's MBA programme."

Safwat decided to do the programme as a full-time on-campus student, which was not without its challenges, particularly for a foreign student. "I had to cope with both language and cultural differences, which at first were quite daunting. EBS, however, is very skilled at dealing with people from different backgrounds and cultures and it wasn't long before I felt very comfortable in this environment. The faculty are extremely helpful and take a keen interest in every individual. The facilities at Heriot-Watt for resident on-campus students are excellent and not having to worry about where I would live or how I would feed myself ensured that I could devote all my attention to my studies."...more