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QM161 Business Statistics 1

Updated: 16 February 2010
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study Online Level
Armidale Semester 1 Off Campus C - Internet access required
Armidale Semester 1 On Campus C - Internet access required
Intensive School(s)
Start Finish Attendance Notes
13 April 2010 14 April 2010 Non-Mandatory Only offered if a minimum 10 students are attending.
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites None
Co-requisites None
Restrictions EMET100 or EMET101 or ESS103 or ESS203 or QM101 or STAT100
Notes None
Combined Units None
Coordinator(s)
Unit Description

The unit deals with basic statistical concepts and methods with particular reference to problems in economics and business. Topics include summarisation of data, probability, random variables, sampling distributions, estimation, hypothesis testing, correlation, and simple regression. Computer analysis using Excel is a basic part of the unit.
Prescribed Material
Mandatory 		Text(s):

Note: Students are expected to purchase prescribed material

Statistics for Managers Using Microsoft EXCEL
ISBN: 9780132069755
Levine, D.M., Stephan, D., Krehbiel, T.C. and Berenson, M.L., Prentice Hall 5th ed. 2007
Text refers to: Semester 1 , On and Off Campus
Recommended Material
Optional 		Text(s):

Note: Recommended material is held in the University Library - purchase is optional

Statistics for Managers Using Microsoft EXCEL. Student Solutions Manual
ISBN: 9780132295536
Ng, P.T., Prentice Hall 5th ed. 2007
Text refers to: Semester 1 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
Assignment 1 10%
Assessment Notes
Word length not applicable owing to the statistical nature of the assignment.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1, 4 GA: 1-6
Assignment 2 10%
Assessment Notes
Word length not applicable owing to the statistical nature of the assignment.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1, 2, 4 GA: 1-6
Assignment 3 10%
Assessment Notes
Word length not applicable owing to the statistical nature of the assignment.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1, 2, 4 GA: 1-6
Final Examination 2 hrs 70%
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-3 GA: 1-6

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. summarise data in a convenient form for further analysis;
  2. use sample data to make statistical inference;
  3. estimate and use relationships between two variables;
  4. use EXCEL software to carry out statistical analysis.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
 True True True
2 Communication Skills
 True True True
4 Information Literacy
 True True True
5 Life-Long Learning
 True
6 Problem Solving
 True True True
7 Social Responsibility
 True
8 Team Work
 True
   

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