1.

Module Information

Commerce
Faculty NQF Level 5
and Law

Module Code CoQTA1 Credit Value 10

Quantitative Notional
Module Name 100
Techniques Hours

Prerequisites/
Year Level 1 N/A
Corequisites

Durationof
1 Block Copy Editor Ingrid Viljoen
Module

The module guidemust be read in conjunction with the myLMS

page and prescribed resources. This document will be the first port

of call in understanding what be assessed and which

will

assessmentsform part of the module.

The purposeof the module guideis to highlight:

• The learning outcomes and assessmentcriteria that need to be

met to pass the module.
• The assessmentsrequired to be completed for the module.
• The additional resources required for the module.
The topics that will be focused on for the module.

2. Module Aim

The aim of this module is to introduce the students to statistical

techniques and experimental design as these are applied to

commercialproblems.

3. Module Description

The statistical treatment of business data is relevant in all areasof

business activity and across all management functions, that is:

marketing, finance, human resources, operations and logistics,

accounting, information systemsand technology. Statistics provide

evidence-based information which makes it an important decision

making supporttool in management.

 4. Learning Outcomes

By the end of this module, you will be able to:

Learning Outcome Assessment Criteria

1.1 Understand the different

data types, their measurement

scales and practical examples.
1. Explain the role of

quantitative techniques in 1.2 Know the different

business decision making.
componentsof statistics,
different data sources and

collection methods.

2.1 Understand the different

methodsof summarising data.

2. Condense a mass amount of
data into summary measures.
2.2 Calculate and interpret
measures of location,measures
of dispersion and skewness.

3.1Calculate probabilities using

contingency tables.

3. Perform basic probability

3.2 Calculate probabilities using
calculations, analysis and both the Poisson and Binomial
interpretation.
formulas, applying different

techniques especially

cumulative probabilities.

4.1 Calculate confidence

intervals for single population

mean and proportion

4. Conduct and interpret a
confidence interval and respectively, and interpret such
calculations.
hypothesis test.

4.2 Conduct hypotheses tests in

different circumstances.

Show competencyin finding

5.1
5. Calculate and interpret
the regression line and the
regression and correlation
correlation coefficient and
coefficients.
interpretingsuch results.

6.1 Demonstrate good

6. Calculate and interpret index knowledge in calculating index
numbers. numbers and interpreting the
results.
 5. myLMs Module Page

This myLMS page was built to ensure that you receive guidance on
how to approach your module and includes documentation to assist

you in succeeding. You will be required to engage daily with all the
material on your myLMS page to enable you to pass the module. It is

important that you use the following resources available on your

myLMS module page:

• Module guide
•Module lessons
•Blended learning activities

•Assessments
• Important notifications from your lecturer
•Module announcements (discussion forumns)

• Links to lectures, lecture recordings and prescribed videos

(whereapplicable)

Additional academic documents can be found on the myDocuments

page on myLMS.

6. Prescribed Resources

Textbook(s)

Wegner, T. 2020. Applied Business Statistics. Methods and Excel-based

Applications. 5th Edition. Cape Town:Juta. ISBN: 9781485130499

OR

Wegner, T. 2024. Applied Business Statistics. Methods and Excel-based

Applications. 6th Edition. Cape Town:Juta. ISBN: 9781998963027

7. Recommended Resources

Take note that all disciplines and their corresponding textbooks are
frequently updated. Therefore, you should use the latest editions,
where available. Recommended resources should be used for

research purposes. There is a range of resources related to this

module.

Textbook

Berenson, M.L., Levine, D.M. and Krehbiel, T.C. 2012. Basic Business

Statistics; Concepts and Applications. 12th Edition. New Jersey:

Prentice Hall.

Weiers, R.M. 2008. Introduction to Business Statistics. 6th Edition. USA:

Thomson South Western.

Online Documents

For additional online material for Quantitative Techniques, the

following sites are recommended for this module:

[Link]

[Link]
Websites

Web pages provide access to a furtherrange of internet information

[Link] may download the web-related material for you
to access offline. You must use this resource with care, justifying the
use of informationgathered.

StatsSA [online]Available at: [Link]

Listed below are someof the recommended sites for interactive

statistical computations:

Interactive Statistical Calculation Pages [online]Available

at: [Link]

VassarStatsStatistical Computation [Online]Available

at: [Link]

8. Supporting Documents

Geyer, L., Levin, A., Makati,P., Pierce, R., Potter, M. and Wheeler, A.
2025. Eduvos Guide to Referencing (Harvard Referencing Method).
Unpublished document. Eduvos.

9. Essential Requirements

• Access to the institution's learning management system

(myLMS) to access all study material.
• Access toMicrosoft Teams to attend online lectures and
consultations.

• Access to a resource centreor an online library with a wide

range of relevant resources including textbooks,newspaper
articles, journalarticles, organisational publications and
databases.
• Access to a range of academic journalsin electronic format via
ProQuest or other databases.