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Quantitative Methods: Introduction

Title slide

(org-show-animate '("Quantitative Methods" "Introduction" "Vikas Rawal" "Prachi Bansal" "" "" ""))

Title slide

(org-show-animate '("Why do financial journalists need to know quantitative methods?" "" "" ""))

What do we aim to achieve in this course?

  • Make friends with numbers
  • Learn how to read numbers, how to present them, and how to write about them
  • Learn how to use computers to work with numbers

Two Types of Statistics

Descriptive Statistics

  • Use summaries of data for the entire population to describe a population
  • Use summaries of sample data to describe a sample

Inferential Statistics

  • Use sample data to describe a population