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QM161 Business Statistics
Students who study business statistics will develop important skills needed to evaluate and critically interpret business statistics and data. The fundamental concepts and methods of statistics will be covered in this course, including how to summarise data, explore data, and appropriately convey information. Additionally, students will learn how to undertake inferential analysis utilising estimate and hypothesis testing as well as how to evaluate uncertainty in business decisions based on probability, random variables, and sample distributions.
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