ETF5912 - Data analysis in business

There is a more recent version of this academic item available.

Overview

This unit will introduce statistical concepts and their applications to business sectors of finance, accounting, marketing and management. Topics covered include: sampling techniques, confidence intervals and hypothesis testing (for both single populations and between populations). The multiple regression models and time series models -- that are very popular in data … For more content click the Read More button below.

This unit will introduce statistical concepts and their applications to business sectors of finance, accounting, marketing and management. Topics covered include: sampling techniques, confidence intervals and hypothesis testing (for both single populations and between populations). The multiple regression models and time series models -- that are very popular in data analysis and forecasting in public sectors and industries -- will be covered in detail in this unit.

Offerings

S1-01-CAULFIELD-ON-CAMPUS

S2-01-CAULFIELD-ON-CAMPUS

Requisites

Prerequisite

ETW1100

6 CP

Introduction to business analytics

FIT1006

6 CP

Business information analysis

SCI1020

6 CP

Introduction to statistical reasoning

STA1010

6 CP

Statistical methods for science

Business and economic statistics

Business and economic statistics

Prohibition

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Dr Hsein Kew

Dr Wei Wei

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.

Assessment

1 - Within semester assessment

2 - Examination

3 - Within semester assessment

4 - Examinaton

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

Workload requirements

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Learning resources

Required resources

Selvanathan A., Selvanathan S., Keller G. and Warrack B., Australian Business Statistics, edition 4 (2006), Thomson, full version.

Berenson M.L., Levine D.M., Krehbiel T.C., Watson J., Jayne N., Turner L.W. and O’Brien M., Basic Business Statistics , Concepts and Applications, (2009), Pearson, Australia.

Black K., Asafu-Adjaye J., Burke P., Khan N., King G., Perera N., Sherwood C., Verma R. and Wasimi S., Australian Business Statistics , edition 3 (2013), John Wiley & Sons Australia, Ltd.

Other unit costs

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