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Unit of Study STAT1001 - Statistical Analysis (2024)

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Unit Snapshot

  • Enrolment information

    N/A

Unit description

Introduces students to statistical concepts and techniques relevant to their degree. Statistical tools to model and analyse real-world situations and data are developed, enabling students to enhance their decision-making skills. The interpretation and communication of the results obtained is emphasised. Throughout the unit, Excel will be used for statistical calculations.

Unit content

Module 1 - Introduction to statistics

Module 2 - Probability and data modelling

Module 3 - Statistical distributions

Module 4 - Confidence interval estimations

Module 5 - Hypothesis testing

Module 6 - Introduction to regression modelling

Availabilities

Location Domestic International
Gold Coast
Term2,4
Term2,4
Melbourne N/A
Term2,4
Online
Term2,4
Term2
Papua New Guinea - IBSU Port Moresby N/A
Term2
Perth N/A
Term2,4
Sydney N/A
Term2,4

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

Analyse and interpret business and economic data to inform decision making

Evaluate business and economic data that is characterised by uncertainty.

Apply regression modelling techniques to evaluate and inform decision making.

Prescribed learning resources

Prescribed Texts
  • This is the ISBN for the Value Pack Basic Business Statistics + PHStat Access kit for Statistics: Berenson, ML, Levine, DM, Szabat, KA, O’Brien, M, Jayne, N & Watson, J, 2018, Basic Business Statistics, 5th edn, Pearson Australia. ISBN: 9781488687921.
Prescribed Resources/Equipment

  • Access to Microsoft Excel

  • Access to a computer with a webcam and reliable internet connection.

Prescribed Texts
  • This is the ISBN for the Value Pack Basic Business Statistics + PHStat Access kit for Statistics: Berenson, ML, Levine, DM, Szabat, KA, O’Brien, M, Jayne, N & Watson, J, 2018, Basic Business Statistics, 5th edn, Pearson Australia. ISBN: 9781488687921.
Prescribed Resources/Equipment

  • Access to Microsoft Excel

  • Access to a computer with a webcam and reliable internet connection.

Prescribed Learning Resources may change in future Teaching Periods.