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Upon completion of this unit, the learner will be able to:-

  1. Understand different types of numerical data and different data collection processes, and be able to present data effectively for users in business and management.
  2. Understand the basic concepts of probability and probability distributions, and their applications in business and management.
  3. Understand how to apply statistical methods to investigate inter-relationships between, and patterns in, business variables.
  4. Understand how statistics and mathematics can be applied in the solution of economic and business problems.

Upon completion of this unit, the learner will be able to:-

  1. Understand different types of numerical data and different data collection processes, and be able to present data effectively for users in business and management.
  2. Understand the basic concepts of probability and probability distributions, and their applications in business and management.
  3. Understand how to apply statistical methods to investigate inter-relationships between, and patterns in, business variables.
  4. Understand how statistics and mathematics can be applied in the solution of economic and business problems.
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