THE UNIVERSITY OF CANBERRA 
(11165) Quantitative Methods in Commerce 
Final Examination Guide and Notes 2024 
 
Part 01. Topic Summary and Exam Tips 
Part 02. Practice Exam Questions and Answers 
Part 03. Sample Final Examination Paper 
Part 04. Suggested Solutions to Final Exam Paper 
 
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University of Canberra

University of Canberra - Quantitative Methods in Commerce (11165)

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ACADEMIC YEAR 2024 - 2024

University	University of Canberra
Study Level	Undergraduate
Unit Code	11165
Unit Name	Quantitative Methods in Commerce
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	67

Prepare for the exam with the most complete study guide available for the Quantitative Methods in Commerce (11165), University of Canberra including exam-style questions, and advice on common examination pitfalls. These notes provide support for learning and revision throughout the unit. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam. The key skills are demonstrated in the context of the core topics of study with expertly written example sets of notes, followed by opportunities to learn and test your knowledge with the sample exam paper and answer key. This guide will help you to take the final exam with complete confidence.

This unit is designed to provide basic quantitative skills which are an essential foundation to decision-making and professional advice in a range of business situations. Upon completion of this unit students should be able to apply the quantitative tools presented so that they are able to analyse, understand, explain and evaluate data related to market events, government policies and business decision-making. The unit content includes working with equations and graphs, quantitative research principles in collecting, summarising and displaying business data, index numbers, relations in quantitative and categorical data, measures of association, regressions, elementary probability concepts, the normal distribution and its business applications. Students will carry out these techniques manually and/or through spreadsheets.

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

demonstrate the ability to solve a range of business problems by synthesising, organising, analysing and interpreting data;
clearly communicate to stakeholders the implications of the results of various techniques applied. Identify and articulate the potential impacts of assumptions made and limitations of the techniques;
demonstrate how the techniques covered in the unit can be used to assist in solving problems in business, economics and finance;
explain how data is sampled, collected and presented using a range of summary measures;
select appropriate quantitative techniques to resolve unfamiliar problems in business, finance and economics;
and, apply forecasting methods in business, economics and finance problems.

UNIT CODE	UNIT NAME
11009	Business Decision Making
11165	Quantitative Methods in Commerce
11172	Business Research Methods
11174	Introduction to Management
11175	Introduction to Economics
11176	Marketing Fundamentals
11212	Accounting Systems and Practices
11213	Management Accounting
11214	Corporate Accounting
11215	Business Finance
11220	Business Law
11221	Revenue Law
11223	Money, Employment and Growth
11225	Industries and Markets
11227	Econometrics
11230	Investments and Portfolio Analysis
11232	Credit Analysis and Lending
11234	Derivatives
11326	Financial Institutions and Markets

University of Canberra - Quantitative Methods in Commerce (11165)

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