Buy QBUS 2810
Statistical Modelling for Business Assignments
Modern businesses require quantitative data to be statistically analysed. Businesses now have access to a ton of information thanks to IT, so managers have huge sources of rich data sets.
In this unit, students study the many techniques used to model and evaluate data relationships, improving on the methods used in BUSS1020. These techniques help in recognising, evaluating, and coming up with conclusions about patterns and links between data so as to sustain business decisions.
Discrete and continuous data are also studied with regards to key statistical modelling techniques. This enables important information to be generated for certain tasks, for example financial analysis, market research, sales and demand prediction, measurement of risks, and valuation of financial assets. Focus is placed on real-life applications of modern software used in management, finance, marketing, and accounting.
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