Quantitative Methods (12205.1)

Please note these are the 2027 details for this unit
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Quantitative Methods
Available teaching periods Delivery mode Location
View teaching periods On-campus
Online self-paced
 Bruce, Canberra
UC College, Bruce, ACT
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
Canberra Business School Level 1 - Undergraduate Introductory Unit Band 1 2021 (Commenced After 1 Jan 2021)
Band 1 2021 (Commenced Before 1 Jan 2021)
This unit is designed to provide basic quantitative skills which are an essential foundation to decision-making and professional advice in a range of business situations. Upon completion of this unit students should be able to apply the quantitative tools presented so that they are able to analyse, understand, explain and evaluate data related to market events, government policies and business decision-making. The unit content includes working with equations and graphs of straight lines, linear programming, quantitative research principles in collecting, summarising and displaying business data, index numbers, relations in quantitative and categorical data, measures of association, regressions, elementary probability concepts, the normal distribution and its business applications. Students will carry out these techniques manually and/or through spreadsheets.

Learning outcomes

Upon successful completion of this unit, students will be able to:
1. Solve a range of business problems using the relevant and appropriate quantitative tools;
2. Clearly communicate the implications of the techniques applied in a range of business situations;
3. Apply a range of quantitative techniques to solve problems in business, economics and finance;
4. Explain how data is sampled, collected and presented using a range of summary measures;
5. Select appropriate techniques in addressing unfamiliar problems in business, finance and economics; and
6. Apply forecasting methods in business, economics and finance.


Graduate attributes

1. UC graduates are professional - communicate effectively
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


Prerequisites

None.

Corequisites

None.

Incompatible units

None.

Equivalent units

5123 Business Statistics AND 11165 Quantitative Methods in Commerce

Assumed knowledge

Basic mathematics approximately to Year 10 standard.
Availability for enrolment in 2027 is subject to change and may not be confirmed until closer to the teaching start date.
Year Location Teaching period Teaching start date Delivery mode Unit convener
2026 Bruce, Canberra Semester 1 16 February 2026 On-campus Dr Xiaodong Gong
2026 Bruce, Canberra Semester 1 16 February 2026 Online self-paced Dr Xiaodong Gong
2026 UC College, Bruce, ACT UC College Trimester 1 02 March 2026 On-campus Mr Saeed Uz Zaman Khan
2026 Bruce, Canberra Semester 2 10 August 2026 Online self-paced Dr Xiaodong Gong
2026 Bruce, Canberra Semester 2 10 August 2026 On-campus Dr Xiaodong Gong
2026 UC College, Bruce, ACT UC College Trimester 3 26 October 2026 On-campus Mr Saeed Uz Zaman Khan
2027 Bruce, Canberra Semester 1 15 February 2027 Online self-paced Dr Xiaodong Gong
2027 Bruce, Canberra Semester 1 15 February 2027 On-campus Dr Xiaodong Gong
2027 UC College, Bruce, ACT UC College Trimester 1 01 March 2027 On-campus Mr Saeed Uz Zaman Khan
2027 Bruce, Canberra Semester 2 09 August 2027 Online self-paced Dr Xiaodong Gong
2027 Bruce, Canberra Semester 2 09 August 2027 On-campus Dr Xiaodong Gong
2027 UC College, Bruce, ACT UC College Trimester 3 25 October 2027 On-campus Mr Saeed Uz Zaman Khan
The information provided should be used as a guide only. Timetables may not be finalised until week 2 of the teaching period and are subject to change. Search for the unit timetable.

Required texts

Main textbook (required):
               Title: Business Analytics and Statistics, 2nd Edition
               Publisher: John Wiley and Sons Australia
               Author: Black et al
               ISBN: 9780730363330

Recommended reference:
              Title: Business Analytics and Statistics Abridged Australia/New Zealand, Edition 8
              Publisher: Cengage Learning Australia
              Author: Selvanathan et al
              ISBN-10: 0170439542 or ISBN-13: 9780170439541

Submission of assessment items

Extensions & Late submissions

Artificial intelligence

Students are not permitted to use generative artificial intelligence (GenAI) in assessments for this unit, except for Studiosity Writing Feedback Plus.

GenAI may only be used in authorised ways when completing assessments at UC. This means that GenAI can only be used for an assessment when:

  1. the Unit Convener has authorised GenAI use for that assessment
  2. the student uses GenAI in the way that the assessment instructions allow
  3. the student fully acknowledges their use of GenAI, with proper citations, references and a GenAI Acknowledgement Statement in line with the assessment instructions.

Where the assessment instructions do not specifically state that GenAI may be used and how, then its use is not permitted for that assessment. Students must still provide the required GenAI Acknowledgement Statement to indicate whether GenAI has or has not been used in the preparation of the assessment. If unsure, students should seek advice from the Unit Convener.

The GenAI for Students Library Guide provides further information, including how to reference GenAI Links to an external site..

Special assessment requirements

Final grades in this subject will be assessed according to performance in each of the assessment items identified above. In order to pass this unit, you must obtain:

  • an overall total score of at least 50% AND
  • submit all assessment items marked as mandatory

For assessment items marked as mandatory, each piece of assessment must be completed and submitted, but it is not necessary that students pass each individual item of assessment unless otherwise stated. 

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Participation requirements

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 satisfactorily pass assessment items.
As per the University's policy students are expected to be available for all assessment items held during the trimester, including the examination period.

Required IT skills

This unit requires practical skills in Microsoft Excel, such as using formulas and key functions, along with general computer literacy. Students are encouraged to build or refresh these skills through online resources if needed before starting the unit.

Additionally, this unit may involve the use of 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

None

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