#### Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

### Unit Overview

Description

This unit teaches students fundamental concepts and skills in numeracy and basic mathematics such as coordinate geometry, calculus techniques, ratios and proportions, and the use of graphing calculators and spreadsheets.

Students learn to use data and statistics to solve real world problems. Topics covered include survey methods, data analysis, data presentation and use of time series to analyse trends. The unit provides students with the knowledge and skills they need to collect, organise, analyse, interpret and present quantitative data.

Credit
6 points
Offering
AvailabilityLocationMode
Not available in 2024Taylors CollegeFace to face
Outcomes

Students are able to (1) calculate and interpret a variety of business ratios including profitability, efficiency and liquidity ratios to form an opinion as to the financial health of the business; (2) solve problems involving simple and compound interest, and use basic interest rates in annuity calculation; (3) use the basic concepts of coordinate geometry, such as length of a line and the linear distance between two points with the basic features of straight line graphs (gradient and intercepts) to solve simple problems in a business context; (4) use appropriate technology to find correlation coefficients between two variables, and the

equation of regression in time series analysis to comment on the reliability and validity of

extrapolated and interpolated values; (5) calculate data analysis measures of central tendency (mean, mode and median) and dispersion (range, IQR, variance and standard deviation) and use appropriate technology to evaluate these measures to fully describe samples and populations; (6) understand the basic principles of statistics including probability, data classification, collection, analysis and representation to build a solid foundation for more advanced topics in Business Statistics; and (7) explain algebra and calculus fundamentals.

Assessment

Indicative assessments in this unit are as follows: (1) in-class tests; (2) oral presentation; and (3) final exam. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Dr Nick Letch
Unit rules
Prerequisites
enrolment in
the Pre-Masters Program Business
Contact hours
60 hours face to face comprising over 12 weeks 2*1 hour lectures
2 hour tutorial + 1 hour tutorial
• The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
• All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
• Visit the Essential Textbooks website to see if any textbooks are required for this Unit. The website is updated regularly so content may change. Students are recommended to purchase Essential Textbooks, but a limited number of copies of all Essential Textbooks are held in the Library in print, and as an ebook where possible. Recommended readings for the unit can be accessed in Unit Readings directly through the Learning Management System (LMS).
• Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.