UnitLevel 1Undergraduate

FIT1006 Business information analysis

Faculty of Information Technology

FIT1006 Business information analysis is a level 1, 6-credit-point, undergraduate unit from the Faculty of Information Technology, offered in 2023 in Semester 1 at Clayton. It has no prerequisites and unlocks 28 units, leading on to 129 units in all.

Credit points
6
Offered in 2023
Semester 1
Clayton
Assessment
No exam
4 tasks
Workload
144 hours
per semester

This is the 2023 handbook entry. See the 2026 entry.

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Requisites

Before FIT1006

No prerequisites or corequisites besides the enrolment rules below.

After FIT1006

28 units list FIT1006 as a prerequisite or corequisite.

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Enrolment rules

Prerequisite: A study score of 25 in VCE Mathematics Methods or Specialist Maths units 3 & 4 or 30 in Further Maths units 3 & 4 or MTH1010 or equivalent

Prohibition: BUS1100, ETC1000, ETF1100, ETP1100, ETS1102, ETW1000, ETW1102, ETX1100, MAT1097, STA1010, SCI1020

Overview

This unit is designed to give students an introduction to statistical and quantitative methods within a business-related framework and to provide students with a sound foundation for more advanced statistical and quantitative studies. The unit will provide opportunities for the student to gain skills in the presentation of business and economic data, the use of frequency distributions, measures of central tendency and dispersion, principles of probability, use of probability distributions, sampling theory, estimation, hypothesis testing, regression analysis, the use of indices and forecasting methods.

Offerings in 2023

Teaching periodCampusMode
First semesterClaytonOn campus

Assessment

  • Written report 1Report
    15%
  • Written report 2Report
    45%
  • Take home test 1Other
    15%
  • Take home test 2Other
    25%

Learning outcomes

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

  1. 1

    Perform and justify the use of appropriate descriptive and inferential statistical analyses such as standard deviation, t-tests, and Pearson's correlation coefficients;

  2. 2

    Communicate the results of statistical analysis effectively and accurately;

  3. 3

    Create graphics and tables for effective communication of the results of data analysis;

  4. 4

    Analyse the factors that make statistics reliable, credible and trustworthy.

Workload and teaching

  • Tutorials22 hours
  • Lectures24 hours
  • Teaching approachPeer assisted learning

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled online and face to face learning activities and independent study. Independent study may include associated reading and preparation for scheduled teaching activities.

Tutorials start in week 2.

Learning resources

Required resources

Selvanathan et al. (2017). Business Statistics (Abridged) Australia and New Zealand . (7th Edition) Cengage Learning (ISBN: 9780170369473)

Technology resources

Students may need to use the university laboratories to access statistical software during private study.
Students will use SYSTAT and Microsoft Excel to perform computer-based statistical calculations.
On campus students will participate in peer-assisted learning activities during lectures using their own mobile devices or laptops. Students DO NOT need to purchase additional equipment for these activities.
Calculators (including Graphing calculators) are allowed in the exam.

Where it fits

FIT1006 is part of 2 areas of study in the 2023 handbook.

Contacts

Chief Examiners
Dr Reuben Kirkham

Common questions

What are the prerequisites for FIT1006?

FIT1006 has no prerequisites, but enrolment rules apply.

What can I take after FIT1006?

FIT1006 is a prerequisite or corequisite for 28 units, including BFF2701, ECF3800, ETB2111, ETC1010, ETC2410 and ETC2420. Those lead on to 129 units in all.

When is FIT1006 offered?

In 2023, FIT1006 runs in Semester 1 at Clayton.

How much work is FIT1006?

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

Does FIT1006 have an exam?

No. FIT1006 has 4 assessment tasks and no exam.

Which majors and minors include FIT1006?

FIT1006 is part of Business information systems and IT for business.

More details

Credit points
6
Level
1
Study level
Undergraduate
Faculty
Faculty of Information Technology
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 1
Study abroad
Available
Handbook years
2020202120222023202420252026