UWA Handbooks 2010 - Units

Unit details


STAT1520 Economic and Business Statistics [UG]

Credit 6 points
Availability Semester 1, Semester 2
Old unit code 535.106, STAT1106
Outcomes Students are able to appreciate the power of statistical concepts in the interpretation of data; develop knowledge of fundamental statistical tools and computer packages for applying these tools; recognise the appropriate statistical techniques for use in particular real-world settings, and correctly apply these techniques for data analysis; communicate effectively the results of these analyses; undertake continuous learning and realise that understanding the fundamentals is necessary for effective application.
Content This unit covers basic statistics and is compulsory for all Bachelor of Economics and Bachelor of Commerce students. Topics include displaying and summarising data; random variables and their distributions; normal and binomial distributions; sampling distributions and hypothesis testing; confidence intervals; t-tests and F-tests; regression and correlation; goodness of fit; chi-square tests; and introduction to analysis of variance. Use of statistical packages is an integral part of the unit and emphasis is placed on examples of particular relevance to economics and commerce students.
Assessment This comprises an end-of-semester examination and in-semester tests or assignments. All assessment tasks require students to apply their knowledge of the unit content to solve previously unseen problems. Credit is given for clarity and correctness of presentation as well as for actual results.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete the course.
Location UWA (Crawley)
Mode on-campus
Unit Rules
Prerequisites: TEE Applicable Mathematics or TEE Calculus or ECON1111 Quantitative Methods for Business and Economics
Incompatibility: STAT1510 Statistics A, STAT1530 Statistics B, STAT1160 Statistics A, STAT1123 Statistics B, STAT1106 Economic and Business Statistics, STAT2210 Biometrics 1, MATH1020 Calculus, Statistics and Probability
Approved quota: 320 in Semester 1
Contact hours—78 (lectures: 4 hrs per week; tutorials: 1 hr per week; practice classes: 1 hr per week)
Unit web page http://www.maths.uwa.edu.au/Units
[Some unit web pages are still under construction and will be available in 2010.]


  • The availability of units in Semester 1, 2, etc. was correct at the time of going to press but may be subject to change.
  • Assistance with study skills, including English language skills, is available free of charge from Student Services for all enrolled students (see http://www.studentservices.uwa.edu.au/ss/learning). Student Services location: Second Floor, South Wing, Guild Village; telephone: 6488 2423.
  • Books and other materials wherever listed may be subject to change. Book lists relating to 'Preliminary Reading', 'Recommended Reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. For first-year units the Bookshop will endeavour to make available photocopies of book lists for individual units. Books marked with an asterisk (*) are available in paperback.