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STA510 - Business Statistics

2023

Sector

Higher Education

Discipline

Business

(PRBE003)

Unit Description

This is a postgraduate unit and only available to students enrolled in postgraduate courses.

This unit introduces powerful techniques and methodologies that can lend empirical support to business decision making in organsations. Techniques introduced include a number of statistical methods that enable students to collect, process and present data. Understanding when and how to use the various techniques will be reinforced with practical problem solving exercises and discussion questions during the unit. On completion of this unit students will be able to apply statistical concepts to present quantitative and qualitative data to assess the changing business environment.

Text Book

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Unit Learning Outcomes

1.	Identify, discuss and apply quantitative and qualitative tools and methods commonly used in decision making in private and public sector organisations.
2.	Apply an understanding of the correct presentation, description and analysis of descriptive data.
3.	Demonstrate an ability to draw conclusions about populations based on sample information.
4.	Critically examine forecasts made on variables of interest.

Assessment Overview

	Assessment Task	Value (of total mark)	Related Learning Outcome/s
1.	Online quiz 1: randomly chosen mixture of multiple choice questions and short answer questions on each topic (20 questions)	10%	1,3,4
2.	Online quiz 2: randomly chosen mixture of multiple choice questions and short answer questions on each topic (20 questions)	10%	1,3,4
3.	Written Assignment: Application of statistical decision making techniques (1500-2000 words)	30%	1,2,3,4
4.	Final Exam (closed book, 3 hours)	50%	1,2,3,4

Unit Availability

Year	Semester	Att Mode	Location	Learning Method	Timetable*
2023	Semester 1	Internal	CDU Waterfront Darwin	OLR
2023	Semester 1	External	External Studies	OLR	View
2023	Semester 2	Internal	CDU Waterfront Darwin	OLR
2023	Semester 2	External	External Studies	OLR
2023	Semester S	Internal	CDU Waterfront Darwin	OLR
2023	Semester S	External	External Studies	OLR

* Timetable will be displayed in new tab or window depending on your browser's configuration; ensure Pop-ups are allowed for this site to view the timetable.

OLR: Internet access is required for this unit as students are required to access study materials provided on-line through Learnline. Please log into Learnline on the first day of each teaching period. For more information about Learnline, please click here.

Critical Dates

Important Dates for Students

Fee Information:
Fees and Payments
Student Services and Amenities Fees
2023 Domestic Unit Fees (PDF)