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ECON940 Statistics for Decision Making-Application of Managerial Statistics

Explain the importance of statistics as an aid to decision-making in any organisation Identify managerial statistical problems Apply appropriate statistical techniques for solving a particular problem within any organisation Interpret appropriate output from statistical computer packages such as SPSS/Minitab/Excel Produce a managerial report Demonstrate proficiency in analysis, interpretation and application of managerial statistics.

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