Monash University Handbook 2011 Undergraduate - Unit
ETW1102 - Business statistics
6 points, SCA Band 0 (NATIONAL PRIORITY), 0.125 EFTSL
Refer to the specific
census and withdrawal dates for the semester(s) in which this unit is offered.
| Level | Undergraduate |
| Faculty | Faculty of Business and Economics |
| Offered | Berwick First semester 2011 (Day)
Berwick Second semester 2011 (Day)
Gippsland First semester 2011 (Day)
Gippsland Second semester 2011 (Day)
Sunway First semester 2011 (Day)
Sunway Second semester 2011 (Day)
Sunway Summer semester A 2011 (Day)
Peninsula Second semester 2011 (Day)
South Africa First semester 2011 (Day)
South Africa Second semester 2011 (Day)
|
| Coordinator(s) | Dr Mindi Nath (Gippsland); Dr Jill Wright (Berwick); Dr Santha Vaithilingham (Malaysia); Mr Hugh O'Reilly (Peninsula); To be advised (South Africa)
|
Synopsis
Introduction to spreadsheeting. Descriptive statistics. Elementary probability. Discrete and continuous probability distributions. Statistical inference. Simple linear regression and correlation. Forecasting and time series. Index numbers.
Objectives
The learning goals associated with this unit are to:
- interpret business data using descriptive statistics techniques, including the use of spreadsheet functions
- apply simple concepts of probability and probability distributions to problems in business decision-making
- describe the role of statistical inference and applying inference methods to single population means
- evaluate relationships between variables for business decision-making, using the concept of correlation and simple linear regression
- apply time series techniques of indexing, deflating, and forecasting to business and financial series, and interpreting the results.
Assessment
Within semester assessment: 30%
Final examination (3 hours): 70%
Chief examiner(s)
Jill Wright
Contact hours
4 hours per week
Prohibitions
BMS11, BUS1100, PMM2020, ETC1000, ETG1102, ETW1000, ETX1100, SCI1020, STA1010
