Course overview
This course introduces essential concepts, tools, and methods of statistics tailored for students in commerce, economics, and business-related disciplines, with applications extending to various real-world contexts. The focus is on concepts, reasoning, interpretation, and thinking that build upon computation, formulae and theory linked to discipline-specific applications. The course covers two main branches of statistical data analysis as applied in commerce, economics and business: descriptive statistics and inferential statistics. Descriptive statistics includes data collection, exploration, and interpretation through numerical and graphical techniques such as charts and visual representations. Inferential statistics includes the selection and application of correct and suitable statistical techniques to make estimates or test claims about economic and business data based on a sample.
- Descriptive Statistics
- Inferential Statistics
- Correlation And Regression
Course learning outcomes
- Execute correctly a variety of statistical techniques, both descriptive and inferential, with economic and business data.
- Use statistical software to input data, generate descriptive statistics, conduct inferential statistical procedures, and produce graphical representations of data.
- Interpret the output from statistical analyses appropriately and explain the practical significance of the results in economic and business contexts.
- Analyse economic and business questions as statistical problems by identifying key variables and assumptions and solve them using appropriate statistical methods, demonstrating logical reasoning and accuracy.
- Discuss the implications of statistical decisions, recognising potential biases, errors, and the consequences of using inappropriate methods.
Availability
Class details
Adelaide City Campus East
Class number 21495
Section TU01
Size 25
Available 25
Class number 21494
Section TU02
Size 25
Available 25
Class number 21493
Section TU03
Size 25
Available 25
Class number 21492
Section TU04
Size 25
Available 25
Class number 21491
Section TU05
Size 25
Available 25
Class number 21490
Section TU06
Size 25
Available 25
Class number 21489
Section TU07
Size 25
Available 25
Class number 21488
Section TU08
Size 25
Available 25
Class number 21487
Section TU09
Size 25
Available 25
Class number 21486
Section TU10
Size 25
Available 25
Class number 21485
Section TU11
Size 25
Available 25
Class number 21484
Section TU12
Size 25
Available 25
Class number 21483
Section TU13
Size 25
Available 25
Class number 21482
Section TU14
Size 25
Available 25
Class number 21481
Section TU15
Size 25
Available 25
Class number 21480
Section TU16
Size 25
Available 25
Class number 21479
Section TU17
Size 25
Available 25
Class number 21478
Section TU18
Size 25
Available 25
Class number 21496
Section WS01
Size 300
Available 300
Class number 29208
Section WS02
Size 200
Available 200
Class number 29207
Section WS03
Size 200
Available 200
Adelaide City Campus West
Class number 21508
Section TU01
Size 25
Available 25
Class number 21507
Section TU02
Size 25
Available 25
Class number 21506
Section TU03
Size 25
Available 25
Class number 21505
Section TU04
Size 25
Available 25
Class number 21504
Section TU05
Size 25
Available 25
Class number 21503
Section TU06
Size 25
Available 25
Class number 21502
Section TU07
Size 25
Available 25
Class number 21501
Section TU08
Size 25
Available 25
Class number 21500
Section TU09
Size 25
Available 25
Class number 21499
Section TU10
Size 25
Available 25
Class number 21498
Section TU11
Size 25
Available 25
Class number 21497
Section TU12
Size 25
Available 25
Class number 21509
Section WS01
Size 300
Available 300
Class number 29209
Section WS02
Size 150
Available 150
Class details
Adelaide City Campus East
Class number 51643
Section TU01
Size 25
Available 25
Class number 51642
Section TU02
Size 25
Available 25
Class number 51641
Section TU03
Size 25
Available 25
Class number 51640
Section TU04
Size 25
Available 25
Class number 51639
Section TU05
Size 25
Available 25
Class number 51638
Section TU06
Size 25
Available 25
Class number 51637
Section TU07
Size 25
Available 25
Class number 51636
Section TU08
Size 25
Available 25
Class number 51635
Section TU09
Size 25
Available 25
Class number 51634
Section TU10
Size 25
Available 25
Class number 51633
Section TU11
Size 25
Available 25
Class number 51632
Section TU12
Size 25
Available 25
Class number 51631
Section TU13
Size 25
Available 25
Class number 51630
Section TU14
Size 25
Available 25
Class number 51629
Section TU15
Size 25
Available 25
Class number 51628
Section TU16
Size 25
Available 25
Class number 51627
Section TU17
Size 25
Available 25
Class number 51626
Section TU18
Size 25
Available 25
Class number 51644
Section WS01
Size 300
Available 300
Class number 58823
Section WS02
Size 200
Available 200
Class number 58822
Section WS03
Size 200
Available 200
Adelaide City Campus West
Class number 51656
Section TU01
Size 25
Available 25
Class number 51655
Section TU02
Size 25
Available 25
Class number 51654
Section TU03
Size 25
Available 25
Class number 51653
Section TU04
Size 25
Available 25
Class number 51652
Section TU05
Size 25
Available 25
Class number 51651
Section TU06
Size 25
Available 25
Class number 51650
Section TU07
Size 25
Available 25
Class number 51649
Section TU08
Size 25
Available 25
Class number 51648
Section TU09
Size 25
Available 25
Class number 51647
Section TU10
Size 25
Available 25
Class number 51646
Section TU11
Size 25
Available 25
Class number 51645
Section TU12
Size 25
Available 25
Class number 51657
Section WS01
Size 300
Available 300
Class number 58824
Section WS02
Size 150
Available 150
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