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BUS1100 - Quantitative methods for business systems

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate Faculty of Information Technology

Offered

Clayton First semester 2007 (Day)

Synopsis

Introduction to statistical and quantitative methods. The presentation of business and economic data, statistical writing, the use of frequency distributions, measures of central tendency and dispersion, principles of probability, use of probability distributions, sampling theory, estimation, hypothesis testing, regression analysis, the use of indices, time series analysis and forecasting methods.

Assessment

Examination (2 hours): 60%
Mid-semester test: 25%
written report: 15%
Students must pass the examination in order to pass the unit

Contact hours

Two x 1hour lecture/week, one x 1hour laboratory/week

Prohibitions

ETC1000, ETC1010, ETC2010, ETX1100, ETX2121, ETX2111, ETW1000, ETW1010, ETW1102, ETW2111, ETF2211, MAT1097