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IDB101 - Quantitative Analysis for Business

2025

Sector

Higher Education

Discipline

International Pathways

Credit Points

Equivalent Units

(QAB105)

Prerequisites

Incompatible

Coerequisites

Must be enrolled in course version {YIBST1, YINTI1}

Assumed Knowledge

Unit Description

This unit aims to develop the basic skills needed for solving business related problems as well as build knowledge necessary to apply basic statistical tools and techniques to business related disciplines of Accounting, Economics, Management and Marketing.

Important Information

This unit is only available to students enrolled in YIBST1 Diploma of Business Studies OR YINTI1 Diploma of Information Teachnology.

Unit Learning Outcomes

1.	Demonstrate an understanding of the correct presentation, description and analysis of descriptive data.
2.	Develop skills and an understanding of probability, normal distributions and sampling distributions to statistical questions.
3.	Demonstrate an ability to draw conclusions about populations based on sample information.
4.	Demonstrate an ability to make reliable forecasts based on variables of interest.

Assessment Overview

	Assessment Task	Value (of total mark)	Related Learning Outcome/s
1.	Quiz (30 mins)	5%	1,2
2.	Group Presentation of a Practical Application Question + Q&A Session (15 mins)	15%	1,2,3
3.	Mid Semester Test (1hour)	10%	1,2,3
4.	Written Assignment: Practical Application Question (1500-3000 words) and in-class presentation (10 mins)	20%	1,2,3,4
5.	Final exam (3 hours)	50%	1,2,3,4

Unit Availability
No offering information available

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Critical Dates

Important Dates for Students

Fee Information:
Fees and Payments
Student Services and Amenities Fees
2025 Domestic Unit Fees (PDF)
2025 Incidental Fees (PDF)