units

ETW1102

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

## 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, or view unit timetables.

 Level Undergraduate Faculty Faculty of Business and Economics Offered Gippsland First semester 2012 (Day)Sunway First semester 2012 (Day)Peninsula First semester 2012 (Day)South Africa First semester 2012 (Day)Berwick Second semester 2012 (Day)Gippsland Second semester 2012 (Day)Sunway Second semester 2012 (Day)South Africa Second semester 2012 (Day) Coordinator(s) Dr Harmindar Nath (Berwick); Mrs Jo-Ann Larkins (Gippsland); Mr Thangarajah Thiagu (Malaysia); Mr Hugh O'Reilly (Peninsula); Mr Rakesh Bhurtun (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.

### Outcomes

The learning goals associated with this unit are to:

1. interpret business data using descriptive statistics techniques, including the use of spreadsheet functions
2. apply simple concepts of probability and probability distributions to problems in business decision-making
3. describe the role of statistical inference and applying inference methods to single population means
4. evaluate relationships between variables for business decision-making, using the concept of correlation and simple linear regression
5. 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%

4 hours per week

### Prohibitions

BMS11, BUS1100, PMM2020, ETC1000, ETG1102, ETW1000, ETX1100, SCI1020, STA1010