Unit Overview

Description

This unit teaches students fundamental concepts and skills in numeracy and basic mathematics used to analyse and develop solutions to discipline specific issues.

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
AvailabilityLocationModeFirst year of offer
Not available in 2026UWA (Perth)On-campus
Outcomes

Students are able to (1) 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 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; (4) 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; and (5) apply 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.

Assessment

Indicative assessments in this unit are as follows: (1) in-class test; (2) quizzes; 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 Peter Zhao
Unit rules
Prerequisites
Enrolment in
UWC07 Pre-Masters Program
Enrolment in
UWC17 Pre-Masters Program - Standard
  • 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.