Data Analysis for Business unit (XPD105)

Introduction

This unit is intended to provide a background capacity in mathematics of finance and statistical description and analysis, appropriate for a business student. The focus of the unit is on the practical use of data in business and economic decision environments, especially in an environment of risk and uncertainty. The unit is an introduction to the exciting world of applying mathematics and statistics to business problems. By studying a variety of examples based on real world problems, the unit highlights the application of quantitative methodologies to assist managers, and decision makers, in dimensioning and communicating risks and opportunities.

Summary

Unit name	Data Analysis for Business
Unit code	XPD105
Credit points	12.5
College/School	Academic Division Learning Teaching Performance
Discipline	University Pathways
Coordinator	Mr Mustajab Ahmed Soomro
Available as an elective?	No
Delivered By	University of Tasmania
Level	Introductory

Availability

Specific information on 2027 unit availability will be available in August

Learning Outcomes

• Explain the basic concepts of the time valuation of money, and be able to apply these concepts to common situations in business/personal finance.
• Demonstrate sound practices in sampling, data description and presentation in a business environment.
• Apply basic probability concepts, distributions and statistical inference as an aid to business decision making.. Interpret and communicate output from quantitative models
• Interpret and communicate output from quantitative models

Fee Information

2027 fee information will be available in August.

Requisites

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BEA140

Teaching

Assessment	Data and Summary Statistics Quiz (5%)|Maths of Finance Quiz (5%)|Probability Quiz (5%)|Data and Summary Statistics Assigment (10%)|Maths of Finance Assignment (10%)|Probability Assignment (10%)|Examination (55%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	Required readings will be listed in the unit outline prior to the start of classes.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.