Availabilities:
| Location | Domestic | International |
|---|
| Coffs Harbour | | |
| Gold Coast | | |
| Lismore | | |
| Melbourne | N/A | |
| Online | | |
| Papua New Guinea - IBSU Port Moresby | N/A | |
| Perth | N/A | |
| Sydney | N/A | |
Unit description
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.
Unit content
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Descriptive statistics
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Data visualisation
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Descriptive numerical measures
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Basic probability
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Normal distribution
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Sampling distributions
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Confidence interval estimation
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Hypothesis testing – Part I
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Hypothesis testing – Part II
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Simple linear regression.
Learning outcomes
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.
| On completion of this unit, students should be able to: |
|---|
| 1 | demonstrate a knowledge and understanding of the concepts of probability, statistical inference, and regression and correlation |
| 2 | make appropriate decisions based on the task requirements, by selecting and applying appropriate statistical procedures and interpreting the results obtained |
| 3 | communicate statistical ideas, processes and results effectively at different levels of formality |
| 4 | use an appropriate spreadsheet or statistical software in statistical analysis |
| 5 | interpret statistical output. |
On completion of this unit, students should be able to:
- demonstrate a knowledge and understanding of the concepts of probability, statistical inference, and regression and correlation
- make appropriate decisions based on the task requirements, by selecting and applying appropriate statistical procedures and interpreting the results obtained
- communicate statistical ideas, processes and results effectively at different levels of formality
- use an appropriate spreadsheet or statistical software in statistical analysis
- interpret statistical output.
Prescribed texts
- Prescribed text information is not currently available.
- 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.
Prescribed texts may change in future study periods.