Understand appropriate business research methodologies and how to apply them to support decision-making process. 2. Understand various qualitative and quantitative research methodologies and techniques. 3. Explain how statistical techniques can solve business problems; 4. Identify and evaluate valid statistical techniques in a given scenario to solve business problems; 5. Explain and justify the results of a statistical analysis in the context of critical reasoning for a business problem solving 6. Apply statistical knowledge to summarize data graphically and statistically, either manually or via a computer package; 7. Justify and interpret statistical/analytical scenarios that best fits business solution; 8. Explain and justify value and limitations of the statistical techniques to business decision making and; 9. Explain how statistical techniques can be used in research and trade publication