Module manager: Dr Robert Aykroyd
Email: R.G.Aykroyd@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2013/14
A-Level Mathematics, or equivalent.
| LUBS1240 | Maths&Stats For Bus&Ec 1 |
This module is approved as an Elective
'Probability is basically common sense reduced to calculation; it makes us appreciate with exactitude what reasonable minds feel by a sort of instinct.' So said Laplace. In the modern scientific and technological world it is even more important to understand probabilistic arguments. The key ideas of probability and random variables are discussed, including the binomial, Poisson, exponential and normal distributions.
On completion of this module, students should be able to:
(a) state and use the basic rules of probability
(b) understand discrete probability models such as the binomial, Poisson and geometric
(c) apply probability generating functions and expectation rules
(d) interpret and manipulate the distributions of continuous random variables such as the normal
(e) use a statistical package such as 'R' as an aid to understanding basic concepts.
1. Introduction to probability, axioms, joint events and probability rules.
2. Conditional probability, Bayes' formula, independence.
3. Permutations and combinations.
4. Discrete random variables, mean and variance, linear properties of expectation.
5. Bernoulli trials, binomial distribution.
6. Poisson distribution. Geometric distribution.
7. Joint distribution of two discrete random variables, marginal distributions and independence.
8. Mean and variance of a linear function of two random variables. Covariance.
9. Probability generating functions.
10. Continuous random variables. Cumulative distribution function. Probability density function.
11. Mean and variance of a continuous random variable. Uniform distribution. Exponential distribution.
12. Functions of continuous random variables.
13. Normal distribution and use of tables. Normal approximation to the binomial.
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 22 | 1 | 22 |
| Practical | 2 | 1 | 2 |
| Tutorial | 5 | 1 | 5 |
| Private study hours | 71 | ||
| Total Contact hours | 29 | ||
| Total hours (100hr per 10 credits) | 100 | ||
Studying and revising of course material.
Completing of assignments and assessments.
Regular problem solving assignments
!!! In order to pass the module, students must pass the examination. !!!
| Assessment type | Notes | % of formal assessment |
|---|---|---|
| In-course Assessment | . | 20 |
| Total percentage (Assessment Coursework) | 20 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Standard exam (closed essays, MCQs etc) | 2.0 Hrs 0 Mins | 80 |
| Total percentage (Assessment Exams) | 80 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
The reading list is available from the Library website
Last updated: 2/13/2014
Errors, omissions, failed links etc should be notified to the Catalogue Team