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

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