Quantitative Methods 2

This subject provides students with core statistical skills and business analytic tools to produce innovative solutions in finance, marketing, economics and related areas. Theoretical models discussed are motivated by real-life business applications and decision problems. Practical skills in applying techniques are developed using software and focuses on conducting reproducible analyses.

• 1Apply key theories and concepts in business statistics to analyse relationships between business variables via a range of quantitative models and methods;
• 2Critically evaluate and validate quantitative models, test their assumptions, identify their limitations and explore solutions to estimation problems;
• 3Explore data and perform data analysis using contemporary computing software; and
• 4Clearly articulate statistical insights to develop evidence-based solutions to business problems. Communicate these effectively, professionally and ethically to a variety of audiences.