School Of Computing, Engineering And Mathematics

Statistics for BusinessWestern Sydney University Unit Code: 200032.6

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, 301123 Management Analytics, 700007 Statistics for Business (WSTC), 700033 Biometry (WSTC), 700041 Statistical Decision Making (WSTC)

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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