Availabilities:
| Location | Domestic | International |
|---|---|---|
| Gold Coast | ||
| Melbourne | N/A | |
| Online | Term2 | |
| Papua New Guinea - IBSU Port Moresby | N/A | Term2 |
| 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
Topic 1 - Introduction to statistics
Topic 2 - Probability and data modelling
Topic 3 - Statistical distributions
Topic 4 - Confidence interval estimations
Topic 5 - Hypothesis testing
Topic 6 - Introduction to regression modelling
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 | Analyse and interpret business and economic data to inform decision making |
| 2 | Evaluate business and economic data that is characterised by uncertainty. |
| 3 | Apply regression modelling techniques to evaluate and inform decision making. |
On completion of this unit, students should be able to:
- Analyse and interpret business and economic data to inform decision making
- Evaluate business and economic data that is characterised by uncertainty.
- Apply regression modelling techniques to evaluate and inform decision making.
Prescribed Learning Resources
- 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.
Access to a computer with reliable internet connection and access to Microsoft Excel.
- Prescribed text information is not currently available.
- Prescribed resources/equipment information is not currently available.
Teaching and assessment
Fee information
Domestic
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Fee paying courses
For postgraduate or undergraduate full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees
International
Please check the international course and fee list to determine the relevant fees.