Hobart, Launceston, Cradle Coast, Hong Kong Universal Ed
Introduction
BEA140 Data Analysis for Business is a foundation unit in business statistics and the mathematics of finance, and is a core unit in the Bachelor of Economics (BEc) and Bachelor of Business (BBus) degrees. It is also a nominated elective in a wide range of other programs throughout the University of Tasmania.
This unit is intended to provide a background capacity in mathematics of finance and statistical description and analysis, appropriate for a business student. The unit also includes an introduction to the basic use of tools such as Excel as an aid to analysis and presentation. 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 2021
| Unit name | Data Analysis for Business |
|---|---|
| Unit code | BEA140 |
| Credit points | 12.5 |
| Faculty/School | College of Business & Economics Tasmanian School of Business and Economics |
| Discipline | Economics|Mathematics |
| Coordinator | |
| Level | Introductory |
| Available as student elective? | Yes |
| Breadth Unit? | No |
Availability
Note
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
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TNE Program units special approval requirements.
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Learning Outcomes
| LO1 | Explain the basic concepts of the time valuation of money and be able to apply these concepts to common situations in business/personal finance. |
| LO2 | Demonstrate sound practices in sampling, data description and presentation in a business environment. |
| LO3 | Apply basic probability concepts, distributions and statistical inference as an aid to business decision making. |
| LO4 | Interpret and communicate output from quantitative models. |
Fees
Requisites
Mutual Exclusions
You cannot enrol in this unit as well as the following:
XPD105
Teaching
| Teaching Pattern | Please see the unit outline for details. |
|---|---|
| Assessment | Online Quiz (18%), Assignments (27%), Final Exam (55%). |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required | Please see the unit outline for details. |
|---|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.