QM161 Business Statistics

Updated: 27 July 2017
Credit Points 6
Offering
Location Teaching Period Mode of Study
Armidale Trimester 1 Off Campus
Armidale Trimester 1 On Campus
Armidale Trimester 3 Off Campus
Intensive School(s) None
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites None
Co-requisites None
Restrictions EMET100 or EMET101 or ENSS103 or ENSS203 or QM101 or STAT100
Notes None
Combined Units None
Coordinator(s)
Unit Description

This unit is designed to develop students' abilities to assess and critically interpret statistics and business data. The unit deals with basic statistical concepts and methods used to explore and properly present information (summarisation of data); assess uncertainty in business decisions (probability, random variables and sampling distributions); perform inferential analysis (estimation and hypothesis testing); evaluate relationships between business and economic variables and obtain reliable forecasts (correlation and simple regression). This unit provides a foundation for further study in many areas including business analytics and econometrics. Computer analysis using Excel is a basic part of the unit.

Important Information

Where calculators are permitted in examinations, it must be selected from an approved list, which can be accessed from the Further Information link below.

Further information

Prescribed Material
Mandatory

Text(s):

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Statistics for Managers Using Microsoft Excel, Global Edition

ISBN: 9781292156347
Levine, D.M., Stephan, D.F. and Szabat, K.A., Pearson 8th ed. 2017

Text refers to: Trimester 1 and 3, On and Off Campus

Disclaimer Unit information may be subject to change prior to commencement of the teaching period.