Financial Statistics - 2018

Unit summary

FIN10002

  • Level of Study: Undergraduate Level 1
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2017: SP2 , SP4
  • Availability for 2018: SP2 , SP4
  • Assessment: Assignment - (Individual) 25 - 35% , Invigilated Exam - (Individual) 30 - 50% - Learn more

Unit provided by

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2018 Fees
AUD$
Domestic 3,350.00
Domestic continuing 1,251.00
HECS 1,169.00
International 3,600.00
International continuing 1,501.00

Tuition fees are reduced for continuing registered SWI students.
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Financial Statistics provides an introduction to financial mathematics and basic statistics within a financial context. It will assist students to gain an appreciation of what statistical methods can achieve, as well as skills in analysing and interpreting business data and statistical analysis. This unit will focus on data science as an analytical and decision making tool, in a variety of business contexts, with a major emphasis on interpretation and application.

Students who successfully complete this unit will be able to:

  1. Identify and apply commonly used techniques for data collection and analysis
  2. Apply fundamental concepts of probability and probability distributions to problems in business decision-making
  3. Apply statistical inference methods to conduct and explain the results of hypothesis testing
  4. Conduct simple regression analysis to model the relationship between variables to draw inferences about relationships.
  • Assignment — (Individual) 25 - 35%
  • Invigilated Exam — (Individual) 30 - 50%
  • Quizzes — Online (Individual) 25 - 35%
For more information on invigilated exams see Exams and results

Mutually exclusive units

If you are studying towards a degree, you should be aware that this unit is mutually exclusive with the following unit(s):

Please note that if you have already studied any of the mutually exclusive unit(s) listed above, you should check the Course Structure of your degree to see whether you will be able to get credit for this unit, as well as the unit(s) previously studied, towards that qualification.

This unit addresses the following topics.

NumberTopic
1Financial Mathematics
2Descriptive Statistics
3Probability and Probability Distributions
4Sampling and Estimation
5Hypotheses testing
6Correlation and Linear Regression

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Embedded Multimedia
  • Online Quizzes/Tests
  • Online assignment submission
  • Web links

Print based materials

  • Welcome Letter

This unit is part of a major, minor, stream or specialisation in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

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