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Overview
This topic introduces the role of data and statistical analysis in business for decision making. It applies appropriate quantitative methods to collect and analyse data and to interpret and communicate the results of the analysis.
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Tuition pattern
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Aims
This topic aims to determine the fundamental techniques of accessing and collecting data, analysing the data and communicating the results. It includes data collection, formatting and descriptive measures, measuring probability and distributions as well as drawing conclusions about populations and hypothesis testing.
Learning outcomes
On completion of this topic you will be expected to be able to:
1.
Evaluate the role of data and statistical analysis in business for decision making
2.
Examine appropriate quantitative methods to collect and analyse data
3.
Interpret and communicate the results of data analysis
Assessments
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Requisites information
Pre-requisites:
Anti-requisites: