Statistics 110: PART A: Mathematical concepts for the business student: Statistical applications of quantitative techniques. Systems of linear equations: solving and application. Differentiation: Rules and application using the rules. Optimisation, linear functions, non-linear functions, Integration: Rules and application using the rules, Marginal and total functions, Stochastic and deterministic variables in a statistical and practical context: producers' and consumers' surplus. Linear programming. Matrix algebra. Limits and continuity. PART B: Descriptive statistics: Sampling and the collection of data; frequency distributions and graphical representations. Descriptive measures of location and dispersion. Probability. Introductory probability theory and theoretical distributions. Statistical and mathematical concepts are demonstrated and interpreted through Excel (practical coding) and simulation within a data science framework. Exam entrance requires a subminimum of 40% in both Part A and Part B.
 
This module is essential to any BCom. It is a difficult module and requires a lot of devoted time, attention and practice.
Assessed through various practical’s, tutorials, tests, and more. The theory is not important however the application and understanding is essential. Make sure to practice using all given resources (tutorials are a good help to prepare for tests). 
 
Semester test 1: Chapters 1-6
Semester test 2: Chapters 5-9
Exam: All content