Offered

Caulfield First semester 2008 (Day)
Caulfield First semester 2008 (Evening)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (Evening)
Gippsland First semester 2008 (Off-campus)

Synopsis

Introduction to the use of spread sheets; basic mathematics; descriptive statistics; elementary probability; discrete probability distributions; continuous probability distributions; hypothesis testing; forecasting and time series; regression and correlation.

Objectives

The learning goals associated with this unit are to:

• acquire an appropriate vocabulary and understanding of basic mathematical terminology
• apply knowledge of the use of computer spreadsheets to problems in business
• understand the use of statistics and quantitative methods, and interpret data to be more effective in business planning, forecasting and management
• apply and integrate skills and knowledge acquired via the use of models, formulae, and examples drawn from various applications in Finance and Accounting.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

3 hours per week