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UnitLevel 1Undergraduate

ETX1100 Business statistics

Faculty of Business and Economics

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ETX1100 Business statistics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2027. It has no prerequisites and unlocks 22 units, leading on to 120 units in all.

Credit points
6
Offered in 2027
Not offered
Assessment
Exam 50%
and 3 other tasks
Workload
144 hours
per semester

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Requisites

Before ETX1100

Prohibitions

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

One of

After ETX1100

22 units list ETX1100 as a prerequisite or corequisite.

Show 14 more

Equivalent units

The same content under another code. Only one of them counts.

Overview

This unit introduces the basic foundations of business analytics and statistics. You will learn how to work with data alongside basic statistics and spreadsheet tools to solve simple business problems. The unit introduces the appropriate methods to visualise and summarise data, to quantify uncertainty that may arise from data analysis. You will also learn how to assess relationships between many data variables, and learn how to build basic regression models to capture such relationships in a business context.

Offerings in 2027

The 2027 handbook lists no offerings for ETX1100.

Assessment

  • Exercise
    15%
  • Quiz / Test
    15%
  • Written
    20%
  • Examination
    50%

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

    classify the different data types and apply appropriate visualisation tools for effective data presentation

  2. 2

    apply probability calculations and interpretations in a given business problem

  3. 3

    apply the concept of random sampling to interpret statistics calculated from business data and conduct hypothesis testing

  4. 4

    analyse relationships between business data using appropriate tools

  5. 5

    build the simple and multiple regression model in Excel and communicate the results in relevant business contexts

  6. 6

    formulate and solve basic business modelling problems in Excel.

Workload and teaching

  • Workshops36 hours
  • Teaching approachProblem-based learning
  • Teaching approachActive 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. 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 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 engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Learning resources

Technology resources

There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.

Common questions

What are the prerequisites for ETX1100?

ETX1100 has no prerequisites.

What can I take after ETX1100?

ETX1100 is a prerequisite or corequisite for 22 units, including ACX3300, BFF2701, ECF3800, ETC1010, ETC2410 and ETC2420. Those lead on to 120 units in all.

When is ETX1100 offered?

ETX1100 has no offerings listed in the 2027 handbook.

How much work is ETX1100?

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

Does ETX1100 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 3 other tasks.

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
Available
Handbook years
2021202220232024202520262027