|B BUS (Accg)||Core|
|B BUS (MGT and FIN)||Core|
This subject is embedded in a business context and uses:
o descriptive methods to graphically and numerically summarise data sets;
o inferential techniques on sample data to determine characteristics of the parent populations;
o regression techniques to predict future outcomes.
The subject provides an introduction to basic statistical concepts and techniques and a working knowledge of a number of inferential procedures to solve statistical problems in a business context. The subject covers the use of techniques such as hypothesis tests and to develop evidence based predictions that can be used when making business decisions.