Quantitative Methods for Business and Management

May 9, 2026

Quantitative Methods for Business and Management (QCF Level 5) study manual provides structured guidance aligned to the unit specification and assessment criteria. It covers the full learning pathway: data collection and measurement scales, sampling and statistical inference, frequency distributions with tabulation and graphs, measures of location and dispersion, and index numbers for comparison of economic quantities. Core analytics include correlation, linear and multiple regression, time series models and forecasting, and probability topics spanning permutations, combinations, conditional probability, and sample-space tools. It further addresses common distributions (binomial, Poisson, normal), significance testing with confidence intervals and hypothesis tests, chi-squared tests, decision-making under certainty, uncertainty, and risk, and applying mathematical relationships to demand, supply, sales tax effects, and breakeven analysis.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages299

Reading Time12 h 33 min

May 9, 2026

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