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 analysis. 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

S2-01-PENINSULA-ON-CAMPUS

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Ms Geraldine Roberts

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 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 applying inference methods to single population means

4.

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 summary

Within semester assessment: 60% + Examination: 40%

This unit contains a hurdle requirement that you must achieve to be able to pass the unit. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

Workload requirements

Workload

Other unit costs

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