Unit 9 Quantitative Methods

GLH: 60 | Credit: 15

LO/AC Table: LO1 Understand types data used organisations monitor/improve performance (1.1 Evaluate different types data gathered organisations monitor/improve performance, 1.2 Distinguish between alternative sampling methods/measurement scales).

Indicative Content: Nature data types qualitative/quantitative/information, how data turned information/information used inform decision making, Interpreting data variety sources using different methods analysis advantages/disadvantages/limitations each, Use/comparison sampling techniques random sampling with/without replacement/stratified/cluster/systematic/other types sampling techniques postcode/demographic analysis, Scales measurement nominal/ordinal/interval/ratio.

Suggested Resources: Anderson et al. (2015) Statistics Business/Economics, Bergin (2018) Introduction Data Analysis, etc.

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