Handbook 1996 : Faculty of Education (Parkville Campus) (Volume 5 page 135)
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Credit points: 11.1
Coordinator: Graeme Hart.
Prerequisite: Information Management B4 and one other Group 2 subject from Accounting, Economics or Information Management, or approved equivalent.
Contact: Two 1-hour lectures and a 2-hour computer workshop.
Timetable: First semester.
Objectives:
On completion of this subject students should be able to:
- apply statistical/analytical techniques in the study of social, financial, legal and economic issues;
- be familiar with a number of techniques to assist in critical and objective decision-making; and
- further develop and apply their computing skills to problem-solving in a business context.
Content:
An overview of statistical techniques available to managers to assist with objective decision-making. This includes the use of exploratory data analysis techniques, introduction to probability and probability distributions, the applications of sampling distributions and estimation techniques, hypothesis testing using normal and student's t-distributions, applications of chi-square and other distribution-free procedures, simple regression and correlation, Monte-Carlo simulation, and an introduction to applications of statistical methods to total quality control. A feature is the high use of spreadsheet (MS Excel) and statistical software (Minitab) in the solution of practical business problems along with the completion of a research project and the provision of workshop material as World Wide Web documents.
Assessment:
A 3-hour written final examination (60 per cent); a major research project equivalent to approximately 3,000 words (30 per cent); and a 1-hour class test (10 per cent). Students must perform satisfactorily in each area of assessment and submit all assignment work.
Prescribed texts:
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Handbook 1996 : Faculty of Education (Parkville Campus) (Volume 5 page 135)
Status: Official 1996 Date created: Oct 9 1995 Last modified: Oct 9 1995 Authorised by: Academic Registrar Email enquiries: Course_Information@registrar.unimelb.edu.au
Maintained by: Librarian.Info.Mgmt & Bus.St., Faculty of Education (Parkville Campus).
Copyright © University of Melbourne 1995,1996.