units

ETW1102

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 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.

print version

6 points, SCA Band 2, 0.125 EFTSL

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LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Econometrics and Business Statistics
OfferedSunway First semester 2013 (Day)
South Africa First semester 2013 (Day)
Berwick Second semester 2013 (Day)
Sunway Second semester 2013 (Day)
South Africa Second semester 2013 (Day)
Sunway Summer semester A 2013 (Day)
South Africa Summer semester A 2013 (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%
Examination: 70%

Chief examiner(s)

Contact hours

4 hours per week

Prohibitions

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