Type: | Undergraduate Subject |
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Code: | STAT11-111 |
EFTSL: | 0.125 |
Faculty: | Bond Business School |
Semesters offered: |
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Credit: | 10 |
Study areas: |
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Subject fees: |
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Description
This subject introduces students to fundamental quantitative theory and tools to support business intelligence and data analysis needs of modern organisations. This Includes basic statistics, probability distributions, correlation, regression, and time series forecasting. The emphasis of this subject is to develop practical computational skills and problem-solving capabilities utilising appropriate analytical approaches to a given problem. The tools and techniques introduced in this subject, including the use of spreadsheets for data management and analysis, can be applied to exploratory big data analysis.
Subject details
Learning objectives
1. Produce appropriate graphical and numerical descriptive statistics for different types of data. 2. Apply probability rules and concepts relating to discrete and continuous random variables to answer questions within a business context. 3. Demonstrate knowledge of the importance of the Central Limit Theorem (CLT) and its applications. 4. Conduct and interpret a variety of hypothesis tests to aid decision making in a business context. 5. Use simple/multiple regression models to analyse the underlying relationships between the variables through hypothesis testing.
Enrolment requirements
Requisites: |
Nil |
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Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
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Restrictions: |
Anti-requisites: |
Subject outlines
- January 2023 [Standard]
- September 2022 [Standard - ]
- May 2022 [Standard - ]
- January 2022 [Standard - ]
- September 2021 [Standard - ]
- May 2021 [Standard - ]
- January 2021 [Standard - ]
- September 2020 [Standard - Business Statistics]
- May 2020 [Standard]
- January 2020 [Standard - ]
- September 2019 [Standard - ]
- May 2019 [Standard]
- January 2019 [Standard]
- September 2018 [Standard]
- May 2018 [Standard - ]
- January 2018 [Standard]
- September 2017 [Standard]
- May 2017 [Standard]
Subject dates
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May 2022
Standard Offering Enrolment opens: 20/03/2022 Semester start: 16/05/2022 Subject start: 16/05/2022 Cancellation 1: 30/05/2022 Cancellation 2: 06/06/2022 Last enrolment: 29/05/2022 Withdraw - Financial: 11/06/2022 Withdraw - Academic: 02/07/2022 Teaching census: 10/06/2022 -
September 2022
Standard Offering Enrolment opens: 17/07/2022 Semester start: 12/09/2022 Subject start: 12/09/2022 Cancellation 1: 26/09/2022 Cancellation 2: 03/10/2022 Last enrolment: 25/09/2022 Withdraw - Financial: 08/10/2022 Withdraw - Academic: 29/10/2022 Teaching census: 07/10/2022 -
January 2023
Standard Offering Enrolment opens: 13/11/2022 Semester start: 16/01/2023 Subject start: 16/01/2023 Cancellation 1: 30/01/2023 Cancellation 2: 06/02/2023 Last enrolment: 29/01/2023 Withdraw - Financial: 11/02/2023 Withdraw - Academic: 04/03/2023 Teaching census: 10/02/2023
Standard Offering | |
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Enrolment opens: | 20/03/2022 |
Semester start: | 16/05/2022 |
Subject start: | 16/05/2022 |
Cancellation 1: | 30/05/2022 |
Cancellation 2: | 06/06/2022 |
Last enrolment: | 29/05/2022 |
Withdraw - Financial: | 11/06/2022 |
Withdraw - Academic: | 02/07/2022 |
Teaching census: | 10/06/2022 |
Standard Offering | |
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Enrolment opens: | 17/07/2022 |
Semester start: | 12/09/2022 |
Subject start: | 12/09/2022 |
Cancellation 1: | 26/09/2022 |
Cancellation 2: | 03/10/2022 |
Last enrolment: | 25/09/2022 |
Withdraw - Financial: | 08/10/2022 |
Withdraw - Academic: | 29/10/2022 |
Teaching census: | 07/10/2022 |
Standard Offering | |
---|---|
Enrolment opens: | 13/11/2022 |
Semester start: | 16/01/2023 |
Subject start: | 16/01/2023 |
Cancellation 1: | 30/01/2023 |
Cancellation 2: | 06/02/2023 |
Last enrolment: | 29/01/2023 |
Withdraw - Financial: | 11/02/2023 |
Withdraw - Academic: | 04/03/2023 |
Teaching census: | 10/02/2023 |