Introduces students to statistical concepts and techniques relevant to their degree. Statistical tools to model and analyse real-world situations and data are developed, enabling students to enhance their decision-making skills. The interpretation and communication of the results obtained is emphasised. Throughout the unit, Excel will be used for statistical calculations.
Topic 1: Descriptive statistics
Topic 2: Numerical descriptive measures
Topic 3: Probability
Topic 4: Normal probability and sampling distributions
Topic 5: Estimation and confidence intervals – single mean and proportion
Topic 6: Introduction to hypothesis testing – single mean and proportion
Topic 7: Hypothesis testing – two sample tests
Topic 8: Simple linear regression
Topic 9: Introduction to multiple regression
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
GA1: Intellectual rigour,
GA3: Ethical practice,
GA4: Knowledge of a discipline,
GA5: Lifelong learning,
GA6: Communication and social skills,
GA7: Cultural competence
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||demonstrate a knowledge and understanding of the concepts of probability, statistical inference, and regression and correlation||Lifelong learning|
|2||make appropriate decisions based on the task requirements, by selecting and applying appropriate statistical procedures and interpreting the results obtained||Intellectual rigour|
|3||communicate statistical ideas, processes and results effectively at different levels of formality||Communication and social skills|
|4||use an appropriate spreadsheet or statistical software in statistical analysis||Lifelong learning|
|5||interpret statistical output.||Lifelong learning|
- This is the ISBN for the Value Pack Basic Business Statistics + PHStat Access kit for Statistics: Berenson, ML, Levine, DM, Szabat, KA, O’Brien, M, Jayne, N & Watson, J, 2018, Basic Business Statistics, 5th edn, Pearson Australia. ISBN: 9781488687921.
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