School Of Computing, Engineering And Mathematics

Statistics for BusinessWestern Sydney University Unit Code: 200032.5

Discipline: STATISTICS

Student Contribution Band: 2

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, 700007 - Statistics for Business (WSTC), 700041 - Statistical Decision Making (WSTC)

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.

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