HI6007 Statistics for Business Decisions

The principal purpose of this assignment is to assess students’ understanding of different qualitative and quantitative research methodologies and techniques. Other purposes are:

1. Explain how statistical techniques can solve business problems

2. Identify and evaluate a business situation in which statistical techniques have been used to solve a business problem

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

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

5. Justify and interpret statistical/analytical scenarios that best fit business solutions

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