Overview

You will learn to use basic statistical techniques and apply them to problems in accounting, finance, management, marketing and business in general. You should also be able to effectively communicate the results of your analyses. This unit covers descriptive statistics for revealing the information contained in data; probability as a … For more content click the Read More button below.

Offerings

NOV12-CAULFIELD-ON-CAMPUS
S1-01-CAULFIELD-ON-CAMPUS
S1-FF-CAULFIELD-FLEXIBLE
S2-01-CAULFIELD-ON-CAMPUS
TRI-A-29-CITY-ON-CAMPUS
TRI-B-29-CITY-ON-CAMPUS
TRI-C-29-CITY-ON-CAMPUS

Contacts

Chief Examiner(s)

Ms Charanjit Kaur
Dr Daniel Melser
Professor Mark Crosby

Notes

IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.

Learning outcomes

On successful completion of this unit, you should be able to:
1.

interpret business data using descriptive statistics techniques, including the use of Excel spreadsheet functions

2.

apply simple concepts of probability and probability distributions to problems in business decision-making

3.

describe the role of statistical inference and apply inference methods to single populations

4.

interpret and evaluate relationships between variables for business decision-making, using the concept of correlation and simple linear regression

5.

apply suitable statistical techniques for describing and forecasting time series data.

Assessment

1 - Within semester assessment
1 - Within semester assessment
2 - Examination
2 - Examination

Scheduled and non-scheduled teaching activities

Lectures
Tutorials
Workshops

Workload requirements

Workload

Learning resources

Required resources
Technology resources

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: $40