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.
Reviews
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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 period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Written report 1Report15%
- Written report 2Report45%
- Take home test 1Other15%
- Take home test 2Other25%
Learning outcomes
When you finish this unit, you should be able to:
- 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
Communicate the results of statistical analysis effectively and accurately;
- 3
Create graphics and tables for effective communication of the results of data analysis;
- 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
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.