units

ETW1102

Faculty of Business and Economics

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Monash University Handbook 2011 Undergraduate - Unit

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.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedBerwick 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:

  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%

Chief examiner(s)

Jill Wright

Contact hours

4 hours per week

Prohibitions

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