FIT1006 Business information analysis

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

1. 1

   Perform basic statistical analysis by hand, using spread sheets and statistical software;

2. 2

   Communicate the results of descriptive statistical analysis in written form using appropriate graphical displays where relevant;

3. 3

   Analyse the predictability of statistical models taking measures of uncertainty (such as standard deviation and Pearson's correlation coefficient) into account;

4. 4

   Critically analyse sample selection and sampling methods;

5. 5

   Perform hypothesis tests for the mean and proportion;

6. 6

   Identify sources of data such as that provided by the Australian Bureau of Statistics, as well as other public domain and private data, such as from market research and polling.