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Undergraduate | GRF-AFE135 | 2023
Business Data Analysis
Learn how to use statistics to tackle real business problems. Get hands-on experience with Microsoft Excel, and theoretical knowledge of probability and inference. Work with data, learning to summarise and present stats graphically and numerically.
- Study method
- 100% online
- Assessments
- 100% online
- Start dates
- 6 Mar 2023,
- 17 July 2023
- Entry requirements
- No ATAR needed,
- No prior study
- Duration
- 13 weeks
HECS-HELP and FEE-HELP available
Business Data Analysis
About this subject
At the completion of this subject students will be able to:
- organise, summarise and present data in relevant useful forms
- make use of data and range of methods that are useful in making inferences, about business problems
- recognise situations where statistical analysis would be of benefit
- use the statistical tools in the excel spreadsheet package to perform basic statistical data analysis and interpret results of the analysis.
- Descriptive statistics - graphical descriptive methods
- Descriptive statistics - numerical descriptive methods
- Discrete and continuous probability distribution
- Introduction to statistical inference
- Confidence interval estimators
- Hypothesis testing
- Correlation analysis and sample linear regression
- Multiple regression model
- Index numbers
Please note: This subject has replaced AFE134 - Business Statistics.
This subject teaches the basic tools in statistics and computing. It examines areas such as business statistics, statistical inference, hypothesis testing with reference to business problems, construction of index numbers, correlation and forecasting based on regression analysis. It also provides hands-on experience in data analysis and interpretation using Microsoft Excel 2010. Assessment is based on graded online quizzes, a project using Microsoft Excel and a final examination.
This subject requires 10 hours per week time allocation for students to complete all required activities - reading the topic notes and the relevant chapters from the textbook, viewing the lecture recordings, completing homework problems, practising online quizzes and practising data analysis on Microsoft Excel.
Please note: This subject has replaced AFE134 - Business Statistics.- Computer application project (50%)
- Open Book, Take Home Exam (30%)
- Graded online quizzes (20%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- QS Ranking 2024:
- 18
- Times Higher Education Ranking 2024:
- 20
Entry requirements
No entry requirements
Equivalent subjects
You should not enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
GRF-AFE134 (Not currently available)
GRF-IBA134 (Not currently available)
Additional requirements
- Other requirements -
- Audio/Visual equipment
Non-programmable calculator
- Microsoft Excel 2010 - PC Version is recommended. Special arrangements with the textbook publishers will need to be made for students wanting to use Microsoft Excel on a Mac.
Study load
0.125 EFTSL
This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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