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ECF1151 Quantitative and Statistical Techniques for Business
Credit Points: 15

Quantitative and Statistical Techniques for Business is an introductory course which aims to provide students with an early appreciation of the fundamentals of quantitative and statistical techniques for a fuller understanding in the area of business, finance and economics. A certain level of skill and understanding of basic mathematical methods is required if the study of finance, economics or business is pursued beyond first year level.  This unit provides business finance and economics students with these basic quantitative/mathematical tools to better analyse problems in the business environment. It also aims to give students an understanding of the value and limitations of the financial and statistical approach to business decision making, a basic requirement for any Business degree.



Full Unit Outline

This Unit is part of the following Courses / Unit Sets
Y70Bachelor of Arts Bachelor of Business
G95Bachelor of Business
G95Bachelor of Business - Bunbury
K34Bachelor of Business Bachelor of Arts (Psychology)
Y04Bachelor of Laws Bachelor of Business
Y88Bachelor of Science Bachelor of Business
Y88Bachelor of Science Bachelor of Business - Bunbury
MAAAHIBusiness Major
MAAAAJEconomics Major
MAAAAIFinance Major
MIAAEUPublic Practice Minor - Bunbury
Disability Standards for Education (Commonwealth 2005)
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes, Graduate Attributes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Student Equity, Diversity and Disability Service website:

Last Updated - Higher Education: 15/03/2013 VET: 20/05/2013