Introduction to Statistics for Business - BUSN3131

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Module delivery information

Location Term Level1 Credits (ECTS)2 Current Convenor3 2024 to 2025
Medway
Spring Term 4 15 (7.5) checkmark-circle

Overview

Numbers are the universal language of business. You'll go beyond just the statistics and discover how to use numbers to generate actionable insights and decisions. You’ll understand data sources, statistical analysis and inferential statistics. By developing advanced Excel skills, essential in today’s workplace you'll demonstrate a high-level of ability in data interpretation. Through applying these skills to real world business scenarios, you’ll become a better problem solver and decision maker, empowering you for business success in today’s data-driven world.

Details

Contact hours

Contact Hours: 22 hours
Private Study: 128 hours
Total hours: 150 hours

Availability

Compulsory to the following courses:

BSc Business and Management and associated programmes
BSc International Business
BSc Business and Marketing
BSc Business Analytics and Management

Method of assessment

Main assessment methods:

VLE Test (20%)
In-Class Test (20%)
Statistics Report (60%)

Reassessment methods:

100% Coursework

Indicative reading

See the library reading list for this module (Canterbury)

See the library reading list for this module (Medway)

Learning outcomes

On successfully completing the module students will be able to:

- Use graphical, numerical and statistical techniques to handle a variety of business problems.
- Summarise and analyse data and present it effectively to others and use appropriate software, including spreadsheets.
- Use statistical techniques to draw well founded inferences from quantitative data.
- Understand the scope and limitations of quantitative methods.
- Identify sources of published statistics, understand their context and report on their wider relevance.

On successfully completing the module students will be able to:

- Demonstrate numeracy and quantitative skills including organising data, abstracting meaning from information and supporting written work by following the required academic conventions.
- Demonstrate a reflective approach to learning and critical thinking skills essential for success in business.
- Communicate effectively using a variety of methods appropriate to a business context.
- Work and study independently and utilise resources effectively

Notes

  1. Credit level 4. Certificate level module usually taken in the first stage of an undergraduate degree.
  2. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  3. The named convenor is the convenor for the current academic session.
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