Quantitative Methods At University Of Ghana

Quantitative Methods At University Of Ghana

Quantitative methods are mathematical and statistical techniques used by managers to justify the
decisions they reach on the basic of logic and hard analysis. A manager can increase decisionmaking
effectiveness by learning more about quantitative methodology and by a better
understanding of its contribution to the decision-making process. The course takes the through the
fundamental steps in problem-solving: structuring the problem and analyzing it. Using data
associated with the problem, students will develop mathematical expressions that describe
objectives, constraints, and other relationships that characterize the problem. The areas covered in
this course for the achievement of the course objectives are: Linear Programing, Financial
Mathematics, Differential and Integral Calculus, Probability Theory and distribution, Estimation Theory and Hypothesis Testing, Sampling Theory, Regression Analysis, Time Series Analysis and
Index Numbers.