ETB1100 Business statistics

When you finish this unit, you should be able to:

1. 1

   interpret business data using descriptive statistics techniques, including the use of spreadsheet functions

2. 2

   apply simple concepts of probability and probability distributions to problems in business decision-making

3. 3

   describe the role of statistical inference and applying inference methods to single population means

4. 4

   evaluate relationships between variables for business decision-making, using the concept of correlation and simple linear regression

5. 5

   apply suitable statistical techniques for describing and forecasting time series data.