QUANTITATIVE METHODS FOR BUSINESS
*** This study guide includes potential exam questions for each test category
"MATH1053: Quantitative Methods for Business - Comprehensive Study Guide 2018 covers 100% of exam objectives and all lecture content, to help students prepare for the final exam (University of South Australia - UniSA). This unique study guide contains sample exam questions complete with a detailed answer guide to help students with question style and identify priority topics to review as they prepare for the exam. It also offers vital information on exam format, what will be on the exam and key concepts you should be focusing your studies on. Enjoy Reading!"
The MATH1053 Study Guide: Exam Review 2018 is designed to help you successfully prepare for the exam. This 2018 edition contains the following:
Essential summaries that highlight the key area to study for the exam
MATH1053 - Past Exam Questions & Detailed Answer Explanations
MATH1053 - Practice Exam Question Papers & Model Answers
Effective strategy to crack the MATH1053 exam with the help of tips & tricks
- WISH YOU SUCCESS IN YOUR EXAM -
"Working on MATH1053 - statistics problems can be frustrating; but it doesn't have to be! My best advice is to think about what the problem is asking you to do. Come up with a list of keywords that identify each different technique, and look for them in the problems, so you'll know how to attack those problems on an exam. Write down the formula you plan to use and label which numbers you want to plug in to each piece. Do the calculations correctly and document your work. Apparently, check your answer to see if it makes sense."
"The MATH1053 exam is a difficult exam. Instead of memorising formulas and calculations, you must understand how to interpret and manipulate statistical data. You will be given a list of formulas and tables to use during the entire duration of the exam. Therefore, don't waste your valuable study time trying to memorise formulas and equations. Since the purpose of the MATH1053 exam is to test your ability to analyse, understand, and explain fundamental concepts of statistics - of course, the focus is taken off memorisation."
"While MATH1053 textbooks are essential for learning all the materials you need to know, you should also buy a study guide. Textbooks can often by lengthy and dry, and it's impossible to obtain absolutely everything you read from the text. Study guides, on the other hand, are more concise, easier to read, and quicker to flip through. Most come with diagnostic exams, practice questions, a full length practice exam, extra tips and hints, and all the statistics information you should know of the MATH1053 final examination."
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"Determining what questions on the MATH1053 exam are actually asking you to do can be difficult to master. In order to get a feel for the types of questions you can expect to see on the exam, the most helpful thing you can do is take practice exams. It's not enough to just simply know the format of the exam and understand the material, you must also know how to take the test. Clearly, it is extremely important to not only know your vocabulary terms, its definitions, but to also use them correctly within the context of exam questions."
"Do not depend on your calculator to make graphs for you. The MATH1053 exam will be written to prevent you from relying on your calculator to construct plots and graphs. For this reason, you need to be comfortable with drawing box plots, histograms, and other graphs completely by hand. Remember to label the axes and be aware of the number scale. Final exam is also likely to include computer outputs - for example - Confidence Interval Estimates & Regression Analysis, not just graphs and plots, for you to interpret and use in your answer."
"Read every question before you begin writing so that you can start to prioritise your time. You cannot just look at the data and give your opinion. Step by step following instructions, and calculations, to come up a conclusion about data. The biggest challenge on the MATH1053 final exam is choosing which statistical technique should be used on each question. To help with this, use your textbook or final exam revision notes, which should come with practice problems at the end of each section or chapter and work through several of those."
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