ETW1000 Business and economic statistics
Faculty of Business and Economics
ETW1000 Business and economic 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 Malaysia. It has no prerequisites and unlocks 27 units, leading on to 102 units in all.
- Credit points
- 6
- Offered in 2020
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ETW1000. This is its 2020 entry, the latest one.
Reviews
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Requisites
Before ETW1000
Prohibitions
You can't enrol if you have passed any of these.
- FIT1006Business information analysisNo reviews yet
- SCI1020Introduction to statistical reasoningNo reviews yet
- STA1010Statistical methods for scienceNo reviews yet
- ETW1100Introduction to business analyticsNo reviews yet
- ETF1100Business statisticsNo reviews yet
- ETB1100Business statisticsNo reviews yet
- ETS1102Business statisticsNo reviews yet
- ETC1000Business and economic statisticsNo reviews yet
After ETW1000
27 units list ETW1000 as a prerequisite or corequisite.
- BEW3555Integrative business practicesNo reviews yet
- BFF2701Equity marketsNo reviews yet
- ECC3860Integrated economic modellingNo reviews yet
- ETB2111Business data modellingNo reviews yet
- ETC1010Introduction to data analysisNo reviews yet
- ETC2410Introductory econometricsNo reviews yet
- ETC2420Statistical thinkingNo reviews yet
- ETC2430Actuarial statisticsNo reviews yet
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- ETC2440Mathematics for economics and businessNo reviews yet
- ETC2520Probability and statistical inference for economics and businessNo reviews yet
- ETC3440Introductory econometricsNo reviews yet
- ETF2011Quantitative methods for risk analysisNo reviews yet
- ETF2100Introductory econometricsNo reviews yet
- ETF2121Data analysis in businessNo reviews yet
- ETF2480Business modellingNo reviews yet
- ETF5650Business optimisation skillsNo reviews yet
- ETF5910Introductory applied econometricsNo reviews yet
- ETF5912Data analysis in businessNo reviews yet
- ETF5922Data visualisation and analyticsNo reviews yet
- ETS2111Business data modellingNo reviews yet
- ETW1010Data modelling and computingNo reviews yet
- ETW2111Business data modellingNo reviews yet
- ETW2410Introductory econometricsNo reviews yet
- ETW2440Business modelling and analytics methodsNo reviews yet
- ETX2250Data visualisation and analyticsNo reviews yet
- FIT3152Data analyticsNo reviews yet
- MKC2500Marketing research analysisNo reviews yet
Equivalent units
The same content under another code. Only one of them counts.
Overview
An introduction to descriptive statistics -- the collection, organisation, presentation and analysis of grouped and ungrouped data using measures of location and dispersion; the construction of index numbers, with application to share price indices and the CPI; analysis of relationships between variables using simple and multiple regression, with applications to forecasting; main ideas of probability theory as a foundation for statistical inference; concept of sampling as a way of capturing uncertainty about data; estimators and their properties; constructing and interpreting confidence intervals, testing a hypothesis, including analysis of variance.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment40%
- ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
interpret business and economic data using tables, charts and descriptive techniques where appropriate
- 2
describe the concept of a sampling distribution, estimators and their properties
- 3
make inference on single and multiple population means, difference between means and the slope for business and economic decision-making
- 4
interpret and evaluate relationships between variables for business and economic decision-making using simple and multiple linear regression
- 5
apply the main ideas of probability theory to business and economic decision-making.
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.
Learning resources
Required resources
Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. and Cochran, J.J., Statistics for Business and Economics , 12 th Edition, Cengage Learning, 2014.
Where it fits
ETW1000 is part of 3 areas of study in the 2020 handbook.
Contacts
- Chief Examiners
- Mr Chun Minsoo
Common questions
What are the prerequisites for ETW1000?
ETW1000 has no prerequisites.
What can I take after ETW1000?
ETW1000 is a prerequisite or corequisite for 27 units, including BEW3555, BFF2701, ECC3860, ETB2111, ETC1010 and ETC2410. Those lead on to 102 units in all.
When is ETW1000 offered?
In 2020, ETW1000 runs in Semester 1 and Semester 2 at Malaysia.
How much work is ETW1000?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETW1000 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include ETW1000?
ETW1000 is part of Business analytics; and Econometrics and business statistics.
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
- 2020