Quantitative Methods for Business (QBUS5001)
UNIT OF STUDY
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.
Further unit of study information
1x 3hr lecture and 1x 1hr tutorial per week
Assignments (35%), mid-semester exam (25%), and final exam (40%)
Faculty/department permission required?
Unit of study rules
Prerequisites and assumed knowledge
Basic calculus; basic concepts of probability & statistics
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.