UnitLevel 1Undergraduate

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 2020 in Semester 1 and Semester 2 at South Africa. It has no prerequisites and unlocks 17 units, leading on to 80 units in all.

Credit points: 6
Offered in 2020: Semester 1, Semester 2; South Africa
Assessment: Exam 60%; and 1 other task
Workload: 144 hours; per semester

This is the 2020 handbook entry. See the 2021 entry.

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Requisites

Before ETS1102

Prohibitions

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

One of

After ETS1102

17 units list ETS1102 as a prerequisite or corequisite.

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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 2020

Teaching period	Campus	Mode
First semester	South Africa	On campus
Second semester	South Africa	On campus

Assessment

Within semester assessment
40%
ExaminationThreshold hurdle
60%

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

Lectures24 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.

Lecture and tutorials or problem-solving during tutorial/computer lab classes

Learning resources

Required resources

Prescribed text and readings
Selvanathan, S.A, Selvanathan , S., Keller, G. (2017). Business Statistics Abridged: Australia New
Zealand , 7th Edition

Contacts

Chief Examiners: Mr Rakesh Bhurtun

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 17 units, including BES3120, BFF2701, ECC3860, ETB2111, ETC2410 and ETC2440. Those lead on to 80 units in all.

When is ETS1102 offered?

In 2020, ETS1102 runs in Semester 1 and Semester 2 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?

Yes. The exam is worth 60% of the final mark, alongside 1 other task.

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 2
Study abroad: Not available
Handbook years: 20202021