Understand appropriate business research methodologies and how to apply them to support decision-making process.

statistics

Description

Unit Learning Outcomes Assessed.: 

1. Understand appropriate business research methodologies and how to apply them to support decision-making process. 

2. Understand various qualitative and quantitative research methodologies and techniques. 

3. Explain how statistical techniques can solve business problems; 

4. Identify and evaluate valid statistical techniques in a given scenario to solve business problems; 

5. Explain and justify the results of a statistical analysis in the context of critical reasoning for a business problem solving 

6. Apply statistical knowledge to summarize data graphically and statistically, either manually or via a computer package; 

7. Justify and interpret statistical/analytical scenarios that best fits business solution; 

8. Explain and justify value and limitations of the statistical techniques to business decision making and; 

9. Explain how statistical techniques can be used in research and trade publication


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