This unit forms part of the major in Business Information Systems in the Bachelor of Information Technology.

This unit has been updated as part of a 2009 review and comparison of data with current Handbook, Syllabus + and Callista data.

On advice from Chief examiner, increased tutorial from 1 to 2 hours as it desirable from a pedagogical point of view to improve student performance/engagement in the unit. Change to be implemented from Semester 1, 2010.

31/8/2015 - Updated for course architecture programs. Effective Semester 1/2016.

15/12/2015 - Updated prohibitions to add new BusEco stats units. Removed some older prohibitions.

19/9/2019 - Admin: update exam duration to include additional 10 minutes reading time as per new University requirement.

03/02/20: Admin - minor amendment to wording of workload activity. Removing mention of tutes and prac as labs are held.

15/09/2020 - Admin: Update to include new assessment and teaching approach fields as per Handbook requirements.

10/02/2021: Admin - Updating Reasons for Change for CE - modified Workload to reflect that tutorials (not labs) are being run in this unit. Tutorials were always run, although historically we needed to call them labs so they would be scheduled in computer laboratories (students use statistical software as well as performing hand calculations in the tutorials).

This unit is designed to give students an introduction to statistical and quantitative methods within a business-related framework.

On successful completion of this unit, you should be able to:

1. perform basic statistical analysis by hand, using spread sheets and statistical software;
2. communicate the results of descriptive statistical analysis in written form using appropriate graphical displays where relevant;
3. analyse the predictability of statistical models taking measures of uncertainty (such as standard deviation and Pearson's correlation coefficient) into account;
4. critically analyse sample selection and sampling methods;
5. perform hypothesis tests for the mean and proportion;
6. identify sources of data such as that provided by the Australian Bureau of Statistics, as well as other public domain and private data, such as from market research and polling.

010103

This unit is designed to give students an introduction to statistical and quantitative methods within a business-related framework and to provide students with a sound foundation for more advanced statistical and quantitative studies. The unit will provide opportunities for the student to gain skills in the presentation of business and economic data, the use of frequency distributions, measures of central tendency and dispersion, principles of probability, use of probability distributions, sampling theory, estimation, hypothesis testing, regression analysis, the use of indices and forecasting methods.

Selvanathan et al. (2017). Business Statistics (Abridged) Australia and New Zealand . (7th Edition) Cengage Learning (ISBN: 9780170369473)

Technological requirements

Peer Assisted Learning

Examination (2 hours and 10 minutes): 60%; In-semester assessment: 40%

1. Written assignment - 20% - ULO: 1, 2, 3, 4
2. Test - 20% - ULO: 1, 2, 3, 4, 5
3. Examination - 60% - ULO: 1, 2, 3, 4, 5, 6

Minimum total expected workload equals 12 hours per week comprising:

(a.) Contact hours for on-campus students:

(b.) Additional requirements (all students):

FIT