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 791-231 Business Mathematics and Statistics

Credit Points

7.5

HECS Band

2

Coordinator

Dr M Parameswaran

Prerequisites

Information Technology II.

Semester

1, repeat 2, Summer (view timetable)

Contact

3 hours per week

Subject Description

The objective of this subject is to:

  • gain a comprehensive understanding of the use of statistics in agribusiness and agricultural science;

  • develop an understanding of the concepts, methods and procedures of descriptive statistics;

  • develop an understanding of probability and probability distributions;

  • develop an understanding of mathematics of finance, in particular interest rates and compounding and discounting.

The content includes: Descriptive statistics for one and two variables, time series and forecasting, and introduction to probability; the mathematics of compounding and discounting.

Assessment

Assignments (20%), 2 and a half hour examination (80%).

Search : Index : Institute of Land and Food Resources : Bachelor of Applied Science, Advanced Diploma of Applied Science and Diploma of Applied Science
Prev 791-230 Agribusiness Law
Next 791-232 Resource Economics
 
Status:                   Official 2000
Last Modified:            Thursday November 25 15:11
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Email Enquiries:          Course_Information@registrar.unimelb.edu.au