Monash Handbook(opens in a new tab)
UnitLevel 1Undergraduate

ETW1001 Introduction to statistical analysis

Faculty of Business and Economics

No reviews yet

ETW1001 Introduction to statistical analysis is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2026 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 28 units, leading on to 136 units in all.

Credit points
6
Offered in 2026
Semester 1, Semester 2
Malaysia
Assessment
Exam 40%
and 3 other tasks
Workload
144 hours
per semester

This is the 2026 handbook entry. See the 2027 entry.

Reviews

No reviews yet

No reviews yet. Be the first to review ETW1001.

Requisites

Before ETW1001

Prohibitions

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

One of

After ETW1001

28 units list ETW1001 as a prerequisite or corequisite.

Show 20 more

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 2026

Teaching periodCampusMode
First semesterMalaysiaOn campus
Second semesterMalaysiaOn campus
October intake teaching period, Malaysia campusMalaysiaOn campus

Assessment

  • Exercise
    15%
  • Quiz / Test
    15%
  • Written
    30%
  • Examination
    40%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Learning outcomes

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

  1. 1

    summarise and interpret global business and economic data using appropriate descriptive techniques

  2. 2

    apply statistical inferential concepts of probability and sampling distributions to solve problems in business and economics

  3. 3

    assess the relevance and usefulness of predictive modelling to address business and economic challenges

  4. 4

    communicate statistical results to stakeholders effectively to propose business and economic solutions as a team.

Workload and teaching

  • Tutorials24 hours
  • Teaching approachActive learning
  • Teaching approachCase-based teaching
  • Teaching approachProblem-based learning
  • Teaching approachResearch activities

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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.

This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.

This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.

Where it fits

ETW1001 is part of 2 areas of study in the 2026 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 28 units, including BFF2701, ETC1010, ETC2410, ETC2420, ETC2430 and ETC2440. Those lead on to 136 units in all.

When is ETW1001 offered?

In 2026, 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 40% of the final mark, alongside 3 other tasks.

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
2021202220232024202520262027