Business Statistics

Qualification: Undergraduate unit
Study mode: Online
Payment options: HECS-HELP may be available
FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Griffith University
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

This online Business Statistics unit from Open Universities Australia and Griffith University is an absolute must for business professionals who are looking to give their career a distinct competitive edge.

With a growing demand for savvy business professionals who can read statistics and turn them into strategic direction, this unit is a sure-fire way to advance your business career and expand your potential.

The hands-on unit covers the basic tools used for statistical analysis and has a strong focus on interpreting data for businesses. Students learn to draw inferences and conclusions from statistics, test their hypothesis with reference to business problems, and how to construct index numbers and correlate and forecast based on regression analysis.

Enquire today and take control of your business career!

Eligibility

You cannot enrol in this unit if you have completed the following unit because it is considered an academic equivalent:

  • Business Statistics

Areas of study

In this business statistics unit, the topics you will study include:

  • Descriptive statistics – graphical descriptive methods
  • Descriptive statistics – numerical descriptive methods
  • Discrete and continuous probability distribution
  • Introduction to statistical inference
  • Confidence interval estimators
  • Hypothesis testing
  • Correlation analysis and sample linear regression
  • Multiple regression model
  • Index numbers

Course pathways

This unit is a core requirement in the following courses:

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

Get more information

Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

OUA has done away with traditional semesters to give you the flexibility you need. Find out more.

How will this unit advance my career?

This unit is ideal for any business professional looking to advance their career potential and skillset. By completing the unit you’ll be able to:

  • Effectively collate, summarise and present data in easy to follow and relevant forms
  • Use data and employ a range of methods to make inferences about business problems
  • Identify situations where statistical analysis would be appropriate and insightful
  • Perform basic statistic analysis using tools in the Excel spreadsheet package

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Business Statistics from Griffith University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP or HECS-HELP is available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen you may be eligible to receive HECS-HELP or FEE-HELP for this unit, meaning you can defer payment of your fees.

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive HECS-HELP or FEE-HELP for this course!

This course can be paid for through the HECS-HELP or FEE-HELP government loan schemes. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

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Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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