School Of Computing And MathematicsStatistics for BusinessWestern Sydney University Unit Code: 200032.4
Discipline: STATISTICS
Student Contribution Band: NP
Level: 1
Credit Points: 10
Assumed Knowledge
HSC Mathematics/Mathematics Extension 1 is desirable.
Equivalent Units
200192 - Statistics for Science, 300700 - Statistical Decision Making, 200263 - Biometry, 200052 - Introduction to Economic Methods
Incompatible Units
200182 - Quantitative Techniques
About this Unit
Statistics for Business introduces the basic concepts and techniques of statistics that are particularly relevant to problem solving in business. It also provides a sound base for more advanced study in statistics and forecasting in subsequent sessions. Topics include: presentation of data; descriptive statistics; the role of uncertainty in business decision making; hypothesis testing; and basic forecasting.