Business Statistics


This subject is designed to develop students' abilities to assess and critically interpret quantitative data from business and society within a framework of evidence-based reasoning. The science of statistics is widely used by business to make informed investment, production and employment decisions, and by citizens and policymakers as they address environmental and other social issues. The subject places strong emphasis on developing a clear understanding of various analytical tools and their applications to business problems, mastering data-analytic capabilities of Excel, and provides a foundation of skills and competencies for professional practice for further study in different business disciplines.