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HE Unit Template
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Business Statistics
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GPGEN1502 - Business Statistics
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20250900
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2.4
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2026-09-10
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2026-09-10
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TAFE & University Pathways
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Institute of Innovation, Science & Sustainability
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Business
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Undergraduate
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15
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.125
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010103
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Statistics
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010103 - Statistics
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<a href="http://www.federation.edu.au/locate/unit/gpgen1502">View unit fees</a>
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Graded (e.g. HD, D, C, etc)
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Diploma, Undergraduate Certificate
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Introductory
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<p>This course enables students to develop an understanding of the role of statistics in business and research and develop foundational knowledge and skills in the appropriate use of a range of statistical techniques. The course introduces spreadsheeting with an emphasis on the use of Excel as a statistical tool. Students develop core knowledge and applied skills in the following areas: descriptive statistics, elementary probability, discrete and continuous probability distributions, statistical inference, simple linear regression and correlation, forecasting and time series and index numbers. This course has been designed to incorporate additional learning hours to support students' academic and study skill development.</p>
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<p>This may include:</p>
<p>•Data presentation and basic descriptive statistics.</p>
<p>•Discrete and continuous probability distributions.</p>
<p>•Estimation and hypothesis testing (t-tests for single sample, paired and independent).</p>
<p>•Non-parametric alternatives.</p>
<p>•Chi-square tests.</p>
<p>•Correlation and regression.</p>
<p>•Introduction to 1-way and 2-way analysis of variance.</p>
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<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
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Semester
0200
Year
Year
2027
Current Year
2026
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GPGEN1502 - Business Statistics
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GPGEN1502 - Business Statistics
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Semester
Semester 1
Semester 2
Summer Semester
Year
2027
2026
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Overview
Key information
Requisites
Learning outcomes
Assessment
FedTASK
Parent Region
Overview
Unit description
<p>This course enables students to develop an understanding of the role of statistics in business and research and develop foundational knowledge and skills in the appropriate use of a range of statistical techniques. The course introduces spreadsheeting with an emphasis on the use of Excel as a statistical tool. Students develop core knowledge and applied skills in the following areas: descriptive statistics, elementary probability, discrete and continuous probability distributions, statistical inference, simple linear regression and correlation, forecasting and time series and index numbers. This course has been designed to incorporate additional learning hours to support students' academic and study skill development.</p>
Unit content
<p>This may include:</p> <p>•Data presentation and basic descriptive statistics.</p> <p>•Discrete and continuous probability distributions.</p> <p>•Estimation and hypothesis testing (t-tests for single sample, paired and independent).</p> <p>•Non-parametric alternatives.</p> <p>•Chi-square tests.</p> <p>•Correlation and regression.</p> <p>•Introduction to 1-way and 2-way analysis of variance.</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Business
Study level:
Undergraduate
Credit points:
15
EFTSL:
0.125
Field of education:
010103 - Statistics
Offering:
<p><strong>Semester 2</strong><p>Melbourne City Campus (On Campus)</p></p> <p><strong>Summer Semester</strong><p>Melbourne City Campus (On Campus)</p></p>
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/gpgen1502">View unit fees</a>
Requisites
Prerequisite
None
Corequisite
None
Exclusion
<p>must not have completed <a href="/ords/r/curriculum/catalogue/course?p6_code=STATS1000" target="_blank">STATS1000</a></p>
Learning outcomes
Learning outcomes
<p>On successful completion of this unit, students are expected to gain the following [K]nowledge, [S]kills and [A]pplication of knowledge & skills</p>
Learning Outcomes
Ref
Outcome
K1
<p>Describe a set of data using appropriate statistical measures and identify commonly used techniques for data collection and analysis.</p>
K2
<p>Describe the role of statistical analysis and probability for decision making.</p>
K3
<p>Recognise the role of hypothesis tests in statistics.</p>
K4
<p>Describe relationships between two variables using linear and time series regression equations.</p>
K5
<p>Define index numbers and time value of money.</p>
S1
<p>Use Excel to perform routine data management tasks and statistical analyses.</p>
S2
<p>Present data in a clear and informative way in both tabular and graphical form.</p>
S3
<p>Perform hypothesis tests & construct confidence intervals for single means.</p>
S4
<p>Model the relationship between two variables using linear regression equations and time series techniques.</p>
S5
<p>Interpret and communicate the results from statistical analysis using appropriate statistical language and conventions.</p>
S6
<p>Communicate results from statistical analyses using appropriate statistical conventions. </p>
S7
<p>Develop the appropriate English language and academic skills to study at an undergraduate level.</p>
A1
<p>Interpret computer output in terms that relate to the particular problem situation.</p>
A2
<p>Select and perform appropriate statistical tests for given data sets and problem situations.</p>
Assessment
Learning Tasks and Assessment
Ref
Learning task
Assessment type
Weighting
Learning outcomes assessed
1
<p>Apply appropriate statistical analysis and produce professional presentation and interpretation of qualitative and quantitative data based on a relevant business context.</p>
<p>Assignment</p>
<p>20-30%</p>
K1, K2, K4, S1, S2, S4, S5, S6, S7, A1, A2
2
<p>Students demonstrate conceptual basis of a statistical technique, perform appropriate calculations or apply an appropriate statistical technique using computer software and interpret the results obtained in context.</p>
<p>Quizzes</p>
<p>20-30%</p>
K1, K2, K3, S1, S3, S7, A1, A2
3
<p>Final test/assessment</p>
<p>Final summative assessment</p>
<p>40-50%</p>
K1, K2, K5, S1, S5, S7, A1, A2
Supplementary assessment available:
Yes
Supplementary assessment information:
<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
FedTASK
FedTASK
Description of FedTASK outcome
Level
FedTASK 1: Interpersonal
The ability to effectively communicate, interact and work with others both individually and in groups.
<p>Level 2 - Student demonstrates some independence within provided guidelines</p>
FedTASK 2: Leadership
The ability to apply professional skills and behaviours in leading others.
<p>Level 1 - Students require directions and boundaries from mentor</p>
FedTASK 3: Critical Thinking and Creativity
The ability to work in complexity and ambiguity using imagination to create new ideas.
<p>Level 2 - Student demonstrates some independence within provided guidelines</p>
FedTASK 4: Digital Literacy
The ability to work fluently across a range of tools and applications to achieve a range of skills.
<p>Level 2 - Student demonstrates some independence within provided guidelines</p>
FedTASK 5: Sustainable and Ethical Mindset
The ability to consider and assess the consequences and impact of ideas and actions in enacting ethical and sustainable decisions.
<p>Level 1 - Students require directions and boundaries from mentor</p>
FedTASK
<p>Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FedTASKs (<strong>T</strong>ransferable <strong>A</strong>ttributes <strong>S</strong>kills and <strong>K</strong>nowledge) provide a targeted focus on five key, transferable Attributes, Skills, and Knowledge that are embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and co-operative learning opportunities.</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Business
Study level:
Undergraduate
Credit points:
15
EFTSL:
0.125
Field of education:
010103 - Statistics
Offering:
<p><strong>Semester 2</strong><p>Melbourne City Campus (On Campus)</p></p> <p><strong>Summer Semester</strong><p>Melbourne City Campus (On Campus)</p></p>
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/gpgen1502">View unit fees</a>
Additional information
Add Info Static Text
Internal reference: GPGEN1502 - U2.4