UnitLevel 1Undergraduate

ETI1100 Business statistics

Faculty of Business and Economics

ETI1100 Business statistics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2027. It has no prerequisites and unlocks 1 unit.

Credit points: 6
Offered in 2027: Other periods; Indonesia
Assessment: No exam; 4 tasks
Workload: 144 hours; per semester

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Requisites

Before ETI1100

Prohibitions

You can't enrol if you have passed any of these.

One of

After ETI1100

1 unit list ETI1100 as a prerequisite or corequisite.

ETX2200Digital business intelligenceNo reviews yet

Enrolment rules

If you are enrolled in course B2007 you cannot undertake this unit.

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.

Equivalent units

The same content under another code. Only one of them counts.

Overview

This unit introduces the basic foundations of business analytics and statistics. You will learn how to work with data alongside basic statistics and spreadsheet tools to solve simple business problems. The unit introduces the appropriate methods to visualise and summarise data, to quantify uncertainty that may arise from data analysis. You will also learn how to assess relationships between many data variables, and learn how to build basic regression models to capture such relationships in a business context.

Offerings in 2027

Teaching period	Campus	Mode
Monash Indonesia semester 1	Indonesia	On campus

Assessment

Quiz / Test
25%
Exercise
10%
Written
40%
Artefact
25%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Learning outcomes

When you finish this unit, you should be able to:

1
classify the different data types and apply appropriate visualisation tools for effective data presentation
2
apply probability calculations and interpretations in a given business problem
3
apply the concept of random sampling to interpret statistics calculated from business data and conduct hypothesis testing
4
analyse relationships between business data using appropriate tools
5
build the simple and multiple regression model in Excel and communicate the results in relevant business contexts
6
formulate and solve basic business modelling problems in Excel.

Workload and teaching

Workshops24 hours
Lectures12 hours
Teaching approachProblem-based learning
Teaching approachActive learning

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Learning resources

Technology resources

There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.

Contacts

Chief Examiners: Triana Hadiprawoto

Common questions

What are the prerequisites for ETI1100?

ETI1100 has no prerequisites, but enrolment rules apply.

What can I take after ETI1100?

ETI1100 is a prerequisite or corequisite for 1 unit, including ETX2200.

When is ETI1100 offered?

ETI1100 has no offerings listed in the 2027 handbook.

How much work is ETI1100?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ETI1100 have an exam?

No. ETI1100 has 4 assessment tasks and no exam.

More details

Credit points: 6
Level: 1
Study level: Undergraduate
Faculty: Faculty of Business and Economics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 1
Study abroad: Not available
Handbook years: 20262027