Home Solutions Interpret business data using descriptive statistics techniques, including the use of spreadsheet functions
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Students will learn to use basic statistical techniques and their applications to problems in accounting, finance, management, marketing
and business in general. Students should also be able to effectively communicate the results of their analyses. This unit covers
descriptive statistics for revealing the information contained in data; probability as a tool for dealing with uncertainty and risk;
probability distributions to model business behaviour; estimation and hypothesis testing techniques for decision making; simple tools
for forecasting time series; and calculation and interpretation of basic price indices. Excel is used extensively.
The learning goals associated with this unit are to:
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