Overview
Our free ACCA MA Data Analysis and Statistical Techniques notes cover everything you need to know for this module. From sampling methods, cost estimation and forecasting, time series and index numbers, summarising and analysing data, to spreadsheets and data analytics, we've got you covered. Whether you're intensively reviewing or looking to solidify specific concepts, these notes provide added peace of mind, knowing that you have a comprehensive resource to help consolidate and revise effectively for ACCA MA. Think something could be better? Give us a shout on our contact page, and we'll take a look.
We've created detailed study guides for all ACCA MA topics. Check out our other free notes below:
- Nature, source, and purpose of management information
- Data analysis and statistical techniques
- Cost accounting techniques
- Budgeting
- Standard costing and variance analysis
- Performance measurement and control
1. Sampling methods
- Random, systematic, and stratified sampling
- Cluster, multistage, and quota sampling
- Selecting appropriate sampling techniques
2. Cost estimation and forecasting
- High–low method and cost separation
- Correlation, regression, and lines of best fit
- Adjusting for price movements
3. Time series and index numbers
- Moving averages and trend estimation
- Seasonal variations (additive and multiplicative)
- Simple and weighted indices (Laspeyres/Paasche)
4. Summarising and analysing data
- Mean, median, mode; variance and standard deviation
- Expected values and decision making
- Normal distribution and interpretation