Subject description
The aim of the subject is to introduce students to quantitative techniques and their application to the business world with an emphasis on the decision-making process. The main focus of the subject is business statistics and topics will include descriptive statistics, probability, sampling, confidence intervals, hypothesis testing, elementary correlation, regression … For more content click the Read More button below.
Equivalence
COMM121 - Statistics for Business
Tutorial enrolment
Students can enrol online via the Tutorial Enrolment link in SOLS
Delivery
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Learning outcomes
On successful completion of this subject, students will be able to:
1.
Explain and demonstrate the basic concepts of probability and statistics.
2.
Demonstrate in substantial depth the statistical techniques that are commonly used in the business world.
3.
Apply statistical techniques to improve analysis and planning of the business decision-making process.
4.
Interpret and explain solutions in non-technical way for a range of situations including business and commerce.
5.
Use and interpret appropriate output from statistical computer packages, particularly Excel.
6.
Evaluate the role played by statistics in empirical research and business practices in the workplace.
Assessment details
Weekly online quizzes
Mid session exam
Final Exam
Work integrated learning
Foundational WIL:This subject contains elements of "Foundational WIL". Students in this subject will observe, explore or reflect on possible career pathways or a work-related aspect of their discipline.
Textbook information
No prescribed textbooks for this subject.
Contact details
Faculty contact