ETM5900 Business statistics
Faculty of Business and Economics
ETM5900 Business statistics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 6 units, leading on to 29 units in all.
- Credit points
- 6
- Offered in 2022
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before ETM5900
Prohibitions
You can't enrol if you have passed any of these.
- ETB1100Business statisticsNo reviews yet
- ETF1100Business statisticsNo reviews yet
- SCI1020Introduction to statistical reasoningRated 5.0 out of 5 from 1 review
- ETF5900Business statisticsNo reviews yet
- STA1010Statistical methods for scienceNo reviews yet
- ETC1000Business and economic statisticsNo reviews yet
- ETW1001Introduction to statistical analysisNo reviews yet
- ETC5900Business statisticsNo reviews yet
- FIT1006Business information analysisNo reviews yet
After ETM5900
6 units list ETM5900 as a prerequisite or corequisite.
- BFF5954Business financeNo reviews yet
- ETC5252Probability and statistical inference for economics and businessNo reviews yet
- ETF5650Business optimisation skillsNo reviews yet
- ETF5910Introductory applied econometricsNo reviews yet
- ETF5912Data analysis in businessNo reviews yet
- ETF5922Data visualisation and analyticsNo reviews yet
Enrolment rules
You must be enrolled in course B6007 to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
You will learn to use basic statistical techniques and apply them to problems in accounting, finance, management, marketing, and business in general. You should also be able to effectively communicate the results of your analyses. This unit covers descriptive statistics for revealing the information contained in data; probability as a tool for dealing with uncertainty; probability distributions to model business behaviour; confidence interval estimation and hypothesis testing techniques for single populations; analysis of relationships between variables using simple linear regression; and simple tools for forecasting time series data. Applications to critical analysis of business and economic data will be emphasised. Excel software will be used.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | Evening |
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
interpret business data using descriptive statistics techniques, including the use of Excel 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 apply inference methods to single populations
- 4
interpret and evaluate relationships between variables for business decision-making, using the concept of correlation and simple linear regression
- 5
apply suitable statistical techniques for describing and forecasting time series data
- 6
develop the skills for critical analysis of statistical reporting and inference.
Workload and teaching
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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Contacts
- Chief Examiners
- Dr Thangarajah Thiagu
Common questions
What are the prerequisites for ETM5900?
ETM5900 has no prerequisites, but enrolment rules apply.
What can I take after ETM5900?
ETM5900 is a prerequisite or corequisite for 6 units, including BFF5954, ETC5252, ETF5650, ETF5910, ETF5912 and ETF5922. Those lead on to 29 units in all.
When is ETM5900 offered?
In 2022, ETM5900 runs in Semester 1 and Semester 2 at Malaysia.
How much work is ETM5900?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETM5900 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.