UnitLevel 1Undergraduate

ETW1001 Introduction to statistical analysis

Faculty of Business and Economics

ETW1001 Introduction to statistical analysis is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 24 units, leading on to 117 units in all.

Credit points: 6
Offered in 2021: Semester 1, Semester 2; Malaysia
Assessment: Exam 50%; and 1 other task
Workload: 144 hours; per semester

This is the 2021 handbook entry. See the 2027 entry.

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Requisites

Before ETW1001

Prohibitions

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

One of

After ETW1001

24 units list ETW1001 as a prerequisite or corequisite.

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Overview

This unit introduces you to the key aspects of statistical analysis: descriptive analytics, diagnostic analytics, predictive analytics and prescriptive analytics. In particular, 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; analysis of relationships between variables using linear regression; and simple tools for forecasting time series data. Excel software will be used. You will also be able to effectively communicate the results of your analyses.

Offerings in 2021

Teaching period	Campus	Mode
First semester	Malaysia	On campus
Second semester	Malaysia	On campus

Assessment

Within semester assessment
50%
Examination
50%

Learning outcomes

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

1
interpret business and economic data using appropriate descriptive techniques
2
apply simple concepts of probability and sampling distributions to problems in business and economics
3
derive statistical inferences using a range of inference methods
4
conduct meaningful analysis using the linear regression framework
5
apply simple techniques for forecasting time series data.

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 four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Where it fits

ETW1001 is part of 2 areas of study in the 2021 handbook.

Contacts

Chief Examiners: Dr Thangarajah Thiagu

Common questions

What are the prerequisites for ETW1001?

ETW1001 has no prerequisites.

What can I take after ETW1001?

ETW1001 is a prerequisite or corequisite for 24 units, including BEW3555, BFF2701, ECM2310, ETB2111, ETC1010 and ETC2410. Those lead on to 117 units in all.

When is ETW1001 offered?

In 2021, ETW1001 runs in Semester 1 and Semester 2 at Malaysia.

How much work is ETW1001?

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

Does ETW1001 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 1 other task.

Which majors and minors include ETW1001?

ETW1001 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 4
Study abroad: Available
Handbook years: 20212022 2023 2024 2025 2026 2027