2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Quantitative Methods for Business|
|Offered||Semester 1 and Semester 2|
|Assumed Knowledge||Basic calculus; basic concepts of probability & statistics|
|Lectures||1x 3hr lecture and 1x 1hr tutorial per week|
|Assessment||Assignments (35%), mid-semester exam (25%), and final exam (40%)|
|Description||This unit highlights the importance of statistical methods and tools for today's managers and analysts, and demonstrates how to apply these methods to business problems using real-world data. The quantitative skills that students learn in this unit are useful in all areas of business. Through taking this unit students learn how to model and analyse the relationships within business data; how to identify the appropriate statistical technique in different business environments; how to compute statistics by hand and using special purpose software; how to interpret results in the context of the business problem; and how to forecast using business data. The unit is taught through data-driven examples, exercises and business case studies.|