ETS1102 Business statistics
Faculty of Business and Economics
ETS1102 Business statistics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Summer B at South Africa. It has no prerequisites and unlocks 3 units, leading on to 5 units in all.
- Credit points
- 6
- Offered in 2021
- Summer B
- South Africa
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ETS1102. This is its 2021 entry, the latest one.
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Requisites
Before ETS1102
Prohibitions
You can't enrol if you have passed any of these.
After ETS1102
3 units list ETS1102 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
Topics include an introduction to spreadsheeting; descriptive statistics; elementary probability; discrete and continuous probability distributions; statistical inference; simple linear regression and correlation; forecasting and time series; and Index numbers.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Summer semester B | South Africa | Block on |
Assessment
- Formative assessment 120%
- Formative assessment 220%
- Summative assessmentThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
interpret business data using descriptive statistics techniques, including the use of 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 applying inference methods to single population means
- 4
evaluate relationships between variables for business decision-making, using the concept of correlation and simple linear regression
- 5
apply time series techniques of indexing, deflating, and forecasting to business and financial series, and interpreting the results.
Workload and teaching
- Tutorials12 hours
- Lectures24 hours
- Laboratories12 hours
- Teaching approachProblem-based 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. 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.
Students will be provided with statistical problems to solve.
Learning resources
Required resources
Selvanathan, S.A, Selvanathan , S., Keller, G. (2017). Business Statistics Abridged , 7th Edition: Australia New Zealand.
Contacts
- Chief Examiners
- Ms Cynthia Bedwei-Majdoub
Common questions
What are the prerequisites for ETS1102?
ETS1102 has no prerequisites.
What can I take after ETS1102?
ETS1102 is a prerequisite or corequisite for 3 units, including BES3120, ETS2111 and FIT3158. Those lead on to 5 units in all.
When is ETS1102 offered?
In 2021, ETS1102 runs in Summer B at South Africa.
How much work is ETS1102?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETS1102 have an exam?
No. ETS1102 has 3 assessment tasks and no exam.
More details
- Credit points
- 6
- Level
- 1
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Econometrics and Business Statistics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 1
- Study abroad
- Not available
- Handbook years
- 20202021