Quantitative Methods in Commerce G (11405.2)
|Available teaching periods||Delivery mode||Location|
|View teaching periods|| Flexible
|| UC - Canberra, Bruce
|0.125||3||Faculty Of Business, Government & Law|
|Discipline||Study level||HECS Bands|
|Canberra Business School||Graduate Level|| Band 1 2021 (Commenced After 1 Jan 2021)
Band 1 2021 (Commenced Before 1 Jan 2021)
Learning outcomesUpon successful completion of this unit, students will be able to:
1. Demonstrate an ability to solve a range of business problems by firstly synthesising, organising data, then analysing plus interpreting data and information in relation to specific topics, such as discounted cash flows and linear programming problems with at least 2 dimensions;
2. Clearly communicate to stakeholders the implications of the results of various techniques applied, as well as being able to identify and articulate the potential impacts of assumptions made and limitations of the techniques;
3. Explain how data is sampled, collected and presented using a range of summary measures;
4. Identify problems within real-world constraints and collect data for business decision making;
5. Create statistical models for studying relationship among business variables;
6. Demonstrate an ability to select appropriate techniques when dealing with unfamiliar problems in business, finance and economics, as well as structure a given problem scenario in a way that allows solution via appropriate techniques; and
7. Demonstrate the application of forecasting method. Students will also be able to articulate the impacts of the assumptions behind, and limitations of, these models.
Graduate attributes1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
- 11165 Quantitative Methods in Commerce
- 5123 Business Statistics
Equivalent units6275 Statistical Analysis & Decision Making G
Assumed knowledgeBasic mathematics approximately to Year 10 standard.
|Year||Location||Teaching period||Teaching start date||Delivery mode||Unit convener|
|2021||UC - Canberra, Bruce||Semester 1||08 February 2021||Flexible||Dr Xiaodong Gong|
|2021||UC - Canberra, Bruce||Semester 2||02 August 2021||Flexible||Dr John Hawkins|
|2022||UC - Canberra, Bruce||Semester 1||07 February 2022||Flexible||Dr Xiaodong Gong|
|2022||UC - Canberra, Bruce||Semester 2||01 August 2022||Flexible||Dr Xiaodong Gong|
Main textbook (recommended)
Business Analytics and Statistics by Black, K et al (1st edition)
John Wiley and Sons, Australia
Business Statistics Abridged, by Selvanathan, E et al (7th Australia/New Zealand edition)
Cengage Learning, Australia
Submission of assessment items
Special assessment requirements
At least 20 marks of the 50 required to pass the unit must come from the final exam (i.e. students must get at least 40% in the final exam).
Students have a responsibility to uphold University standards on ethical scholarship. Good scholarship involves building on the work of others and use of others' work must be acknowledged with proper attribution made. Cheating, plagiarism, and falsification of data are dishonest practices that contravene academic values. Refer to the University's Student Charter for more information.
To enhance understanding of academic integrity, all students are expected to complete the Academic Integrity Module (AIM) at least once during their course of study. You can access this module within UCLearn (Canvas) through the 'Academic Integrity and Avoiding Plagiarism' link in the Study Help site.
Use of Text-Matching Software
The University of Canberra uses text-matching software to help students and staff reduce plagiarism and improve understanding of academic integrity. The software matches submitted text in student assignments against material from various sources: the internet, published books and journals, and previously submitted student texts.
Your participation in both class and online activities will enhance your understanding of the unit content and therefore the quality of your assessment responses. Lack of participation may result in your inability to pass assessment items.
Required IT skills
This unit involves online lectures (and for some students also tutorials) in real time using the Virtual Room in your UCLearn teaching site. The Virtual Room allows you to communicate in real time with your lecturer and other students. To participate verbally, rather than just typing, you will need a microphone. For more information and to test your computer, go to the Virtual Room in your UCLearn site and 'Join Course Room'. This will trigger a tutorial to help familiarise you with the functionality of the virtual room.
Work placement, internships or practicums