ETX2121

Data analysis in business

(BUS)

Offered subject to final approval

Mr Alan McLean

6 points + Two 1-hour lectures, one 1-hour tutorial per week + First semester + Caulfield + Distance + Prerequisites: ETX100 Business statistics or ETC1000 Business and econommic statistics or a credit pass in ETX1102 Business statistics + Prohibition: ETX2111, ETC1010

Synopsis: Further develops statistical concepts from ETX1640 and their application to business sectors such as finance and accounting. Sources of data and sampling techniques. Confidence intervals and hypothesis testing both for single populations and between populations to identify significant findings with applications to accounting and finance; risk modelling. Commonly used modelling methods in indsutry - simple and multiple regression, analysis of time series in financial markets. Excel and SPSS software will be used. Emphasis throughout is on interpetation of results that provides insight and value to management.

Assessment: Assignment and test: 35% + Final examination (3 hours): 65%