Subject details

Students who successfully complete this subject 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. Apply simple regression analysis to explain and draw inferences about relationships.
    • Financial Mathematics
    • Descriptive Statistics
    • Probability and Probability Distributions
    • Sampling and Estimation
    • Hypotheses testing
    • Correlation and Linear Regression
  • Study resources

    • Instructional methods

      • Discussion forum/Discussion Board
      • Embedded Multimedia
      • Online Quizzes/Tests
      • Online assignment submission
      • Web links
    • Print materials

      • Welcome letter

Others

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

Special requirements

No special requirements

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 subject 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.

  • Online Quizzes (25-35%)
  • Invigilated Exam (30-50%)
  • Assignment (25-35%)

Textbook information is pending.

Textbook information is pending.

Related degrees

undergraduate SWI-BUS-DEG-2019

Bachelor of Business

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  • Major in Economics (THIS MAJOR IS CURRENTLY IN TEACH-OUT)
  • Major in Finance (THIS MAJOR IS CURRENTLY IN TEACH-OUT)
  • Major in Information Systems
  • Major in Marketing
  • Co-Major in Economics (for Finance students) (THIS CO-MAJOR IS CURRENTLY IN TEACH-OUT)
  • Co-Major in Economics (not for Finance students) (THIS CO-MAJOR IS CURRENTLY IN TEACH-OUT)
  • Co-Major in Finance (cannot be taken with the Finance or Economics Major) (THIS CO-MAJOR IS CURRENTLY IN TEACH-OUT)
  • Co-Major in Finance (for Economics students) (THIS CO-MAJOR IS CURRENTLY IN TEACH-OUT)
  • Co-Major in Information Systems
  • Co-Major in Marketing (cannot be taken with the Marketing Major)

undergraduate SWI-CIS-DEG-2019

Bachelor of Business Information Systems

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  • Core Subjects Information Systems
  • Major in Business Analysis
  • Major in Data Analytics
  • Co-Major in Economics (THIS CO-MAJOR IS CURRENTLY IN TEACH-OUT)
  • Co-Major in Marketing