Trimester 1, 2018

QM161: Business Statistics Notes

37 pages

11,750 words




These notes are a comprehensive summary of QM161 compiled from lectures, lecture notes, and textbook readings.

I received an HD in this unit with a mark of 97, so these notes are very high quality. They simplify complicated ideas, while explaining them succinctly. They will be beneficial to any student undertaking this unit, as this unit is generally considered to be quite difficult.

Topic list:
Topic 1 - Summarising Sample Data
Topic 2 - Probability
Topic 3 - Random Variables and Probability Distributions
Topic 4 - The Central Limit Theorem
Topic 5 - Statistical Inference 1 - Estimation
Topic 6 - Statistical Inference 2 - Tests of Hypotheses
Topic 7 - Correlation and Simple Linear Regression