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MED 114 Introduction to Statistics I

ND1 levelManagement & Administration16 topics

MED 114 covers 16 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Nature and importance of statistical data
  2. Methods of data collection
  3. Analysis and presentation of data
  4. Measures of central tendency
  5. Measures of dispersion
  6. Nature and importance of statistics
  7. Uses of statistics in business and microfinance
  8. Variables and types of data
  9. Sources and methods of data collection
  10. Questionnaire design
  11. Problems and errors in data collection
  12. Descriptive statistics
  13. Presentation of data with graphs and numerical methods
  14. Measures of location
  15. Quartiles, skewness and kurtosis
  16. Applications of statistical measures in microfinance

A sample from this course

One topic, as StudyPath teaches it.

Nature and importance of statistical data

Statistical data are observations or measurements collected to describe, explain, or predict phenomena. Mastering its nature—how data are classified, sourced, and measured—enables students to choose appropriate analysis methods and draw valid conclusions, a core requirement of the NUC CCMAS, NBTE, and NCCE exams.

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