Business statistics and applications
Lecturer to be advised
6 points
* Second semester
* Distance
Objectives On completion of this subject students will be able to access and analyse business data, and apply statistical methods to improve business decisions making.
Synopsis Introduction to quantitative methods and statistics in business and commerce. The main topics include presentation of business data, index numbers, financial and economic performance indicators, accessing and using Australian Bureau of Statistics data, measures of central tendency and dispersion, marginal analysis, frequency and probability distributions, regression and correlation, simple hypothesis testing, sampling methods and applications, statistics in quality management with applications in service and production industry.
Assessment Assignment: 30%
* Examination: 70%
Prescribed texts
Harrison S R and Tamaschke H U Statistics for business, economics and management Prentice-Hall, 1993
Recommended texts
Bechtold B and Johnson R Statistics for business and economics PWS-Kent, 1989
Harrison S R and Tamaschke H U Applied statistical analysis Prentice-Hall, 1984
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