ETB1100: Business statistics
Faculty of Business and Economics
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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 tool for dealing with uncertainty; probability distributions to model business behaviour; confidence interval estimation and hypothesis testing techniques for single populations; analysis of relationships between variables using simple linear regression; and simple tools for forecasting time series data. Excel software will be used.
Assessment
1 - Within semester assessment - 60% 2 - Examination - 40%
Workload
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
