Overview
This unit introduces the basic foundations of business analytics and statistics. You will learn how to work with data alongside basic statistics and spreadsheet tools to solve simple business problems. The unit introduces the appropriate methods to visualise and summarise data, to quantify uncertainty that may arise from data analysis. … For more content click the Read More button below.
Requisites
Prohibition
Contacts
Chief Examiner(s)
Mrs Charanjit Kaur
Notes
This unit is equivalent to ETB1100, ETC1000 and ETF1100.
Learning outcomes
On successful completion of this unit, you should be able to:
1.
classify the different data types and apply appropriate visualisation tools for effective data presentation
2.
apply probability calculations and interpretations in a given business problem
3.
apply the concept of random sampling to interpret statistics calculated from business data and conduct hypothesis testing
4.
analyse relationships between business data using appropriate tools
5.
build the simple and multiple regression model in Excel and communicate the results in relevant business contexts
6.
formulate and solve basic business modelling problems in Excel.
Teaching approach
Active learning
Problem-based learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Seminars
Tutorials
Workload requirements
Workload
Learning resources
Technology resources
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $100