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Business Statistics
Today's business environment is characterised by abundance of information and increasing
uncertainty and complexity. Against this background, analysing probabilistic/statistical
information, understanding the relationship between business factors, evaluating risks and
turning data into actionable knowledge are essential skills for competent management. The main
objective of the course is to help participants assimilate statistical concepts as well as acquire
skills in applying these concepts using modern software. Topics covered include descriptive
statistics, probability distributions, sampling, hypothesis testing and regression analysis.