Pre-requisites

None.

Co-requisites

None.

Learning Outcomes

On successful completion of this unit, the student will be able to:

• Interpret data using descriptive statistics techniques.

• Describe the issues involved in drawing samples to represent a population.

• Apply probability distributions to problems.

• Use correlation and regression in decision-making.

• Apply confidence intervals; hypothesis tests; and, time series techniques of forecasting to make decisions.

Unit Description

Decision-makers need an understanding of statistics, knowing how to draw conclusions about populations based on information obtained from samples and how to obtain reliable forecasts are essential decision-making skills. This unit is designed to provide an overview of the basic concepts and techniques of statistics with an emphasis on their application.

Microsoft Excel is used extensively.

Topics

• Descriptive statistics (graphical and numerical measures)
• Probability and distribution
• Sampling distribution
• Correlation and regression
• Estimation and Confidence Intervals
• Hypothesis testing
• Time Series Forecasting.

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Unit offerings

Face to face: Semester 2, 2025 and Semester 2, 2026 (Every Year, Semester 2)

Please note

The Unit Offerings listed above are a guide only and the timetable for any year is the final authority. The College may vary offerings based on demand, regulatory requirements, continual improvement processes or other conditions.

This unit may be available in different modes of delivery i.e. online and face-to-face as listed above. The unit content will not differ between these modes of delivery. There will possibly be a difference in the schedule and/or the prescribed assessment tasks, however both will cover and assess the same content.