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-FLEXIBLE
Requisites
Prohibition
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Ms Geraldine Roberts
Notes
ETX1100 can be taken as an alternative to this unit
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.
Teaching approach
Problem-based learning
Active learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Lectures
Tutorials
Workshops
Workload requirements
Workload
Learning resources
Technology resources
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $100