Overview
*This credential is only available to current RMIT students
Develop your knowledge of the methods and understanding of results from statistical analysis to make effective business and accounting decisions. In this credential, we'll introduce the methods commonly used to understand quantitative methods.
As part of this badge you will enhance your levels of financial literacy and gain a valuable step in achieving a core competency in quantitative methods for business decision making.
This credential earns you a digital badge.
Skills and learning outcomes
- Employ graphical methods for presenting the types of data used in business
- Implement descriptive statistics in the business environment
- Utilise concepts relating to frequency distributions and probability
- Undertake basic estimation and hypothesis tests using knowledge of probability theory and probability distributions and interpret numerical and graphical outputs
- Implement simple regression and correlation concepts
Content
Module 1: Statistical analysis, data and methods of describing data
Module 2: Descriptive statistics
Module 3: Frequency distribution of population
Module 4: Hypothesis testing
Module 5: Simple linear regression and correlation
