STAT5003 - Business Statistics

Credits: 3

Leaders rely on data to make decisions; thus, understanding business analytics is critical. In this course, students apply business decision-making techniques. Decision-making is focused on areas such as; descriptive statistics, probability, distributions, sampling inference, regression and correlation, multivariate analysis, times series and index numbers. This course will emphasize on the derivation of these numbers using computer-based tools, the concentration is on interpretation and use of the results to determine integration in the business environment.