ECON 1008OUA - Data Analytics I
|Campus:||Open Universities Australia|
|Contact:||Up to 3 hours per week|
|Restriction:||Available only to University of Adelaide Open Universities Australia students|
|Available for Study Abroad and Exchange:||No|
|Available for Non-Award Study:||No|
|Incompatible:||ECON 1011, ECON 1008UAC, ECON 1008UACM, STATS 1000, STATS 1005, STATS 1004, STATS 1504|
|Assessment:||Typically, tutorial participation and/or exercises, assignments, tests and final exam|
In today's world, good decision making relies on data and data analysis. This course helps students develop the understanding that they will need to make informed decisions using data, and to communicate the results effectively. The course is an introduction to the essential concepts, tools and methods of statistics for students in business, economics and similar disciplines, although it may have wider interest. The focus is on concepts, reasoning, interpretation and thinking rather than computation, formulae and theory. Much of the work will require students to write effectively and communicate their ideas with clarity. The course covers two main branches of statistics: descriptive statistics and inferential statistics. Descriptive statistics includes collecting data and summarising and interpreting them through numerical and graphical techniques. Inferential statistics includes selecting and applying the correct statistical technique in order to make estimates or test claims about a population based on a sample. Topics covered may include descriptive statistics, correlation and simple regression, probability, point and interval estimation, hypothesis testing, multiple regression, time series analysis and index numbers. By the end of this course, students should understand and know how to use statistics. Students will also develop some understanding of the limitations of statistical inference and of the ethics of data analysis and statistics. Students will work in small groups in this course; this will develop the skills required to work effectively and inclusively in groups, as in a real work environment. Typically, one component of the assessment requires students to work in teams and collect and analyse data in order to answer a real-world problem of their own choosing.
Tuition fees for students undertaking this course are charged by Open Universities Australia.
Course OutlineA Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here
|Term||Last Day to Add Online||Census Date||Last Day to WNF||Last Day to WF|
|Trimester 1||Mon 14/02/2022||Thu 17/02/2022||Fri 01/04/2022||Wed 27/04/2022|
|Enrolment Class: Tutorial|
|30398||01OU||100||100||This class does not have any timetabled face-to-face sessions. Please check MyUni or contact your Course Coordinator for details.|