CQUniversity Australia
STAT20029: Statistics for Mangerial Decisions
Final Examination Guide and Notes 2025 
 
Part A: Topic Summary and Exam Tips
Part B: Exam Practice Questions and Answers
Part C: Sample Final Examination Paper
Part D: Suggested Solutions to Final Exam Paper
 
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CQUniversity Australia - STAT20029: Statistics for Mangerial Decisions

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ACADEMIC YEAR 2024 - 2025

University	CQUniversity Australia
Study Level	Postgraduate
Unit Code	STAT20029
Unit Name	Statistics for Managerial Decisions
Notes Title	Final Examination Guide and Notes
Page Length	60

This STAT20029: Statistics for Managerial Decisions, CQUniversity Australia - Final Examination Guide and Notes 2025 is invaluable to teach yourself the unit from the first day of class until your last review before the final exam. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam. It contains sample exam questions complete with a detailed answer guide to help you with question style and identify priority topics to review as you 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.

In this unit you will examine statistics, with particular focus on applications to managerial decision making. You will use statistics techniques to make informed decisions in uncertain environments within the fields of business and accounting. You will analyse and interpret data, trends and patterns as well as make inferences and use probability theory to estimate risks. Other important topics of this unit include probability and forecasting.

On successful completion of this unit, you should be able to:

Analyse and work with data in a statistical framework
Interpret data to make informed decisions
Estimate the probabilities of various scenarios using statistics techniques
Make statistical inferences based on sample observations
Capture trends and make future projections
Compare the implications of alternative strategies in terms of risks and expectations

UNIT CODE	UNIT NAME
ACCT11081	Introductory Financial Accounting
ACCT19060	Management Accounting
ACCT20070	Accounting in Australia
ACCT20073	Company Accounting
ACCT20077	Accounting for Management Decision Making
ECON11026	Principles of Economics
ECON19033	Macroeconomics
ECON20039	Economics for Managers
ECON28001	Economics and Finance for Business
FINC19011	Business Finance
FINC19012	Investment Analysis and Risk Management
FINC20018	Managerial Finance
FINC20019	Money and Capital Market Analysis
FINC20023	International Financial Management
HRMT11010	Organisational Behaviour
LAWS11030	Foundations of Business Law
LAWS20060	Taxation Law of Australia
MRKT11029	Marketing Fundamentals
STAT11048	Essential Statistics
STAT20029	Statistics for Managerial Decisions

CQUniversity Australia - STAT20029: Statistics for Mangerial Decisions

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