Quantitative Methods (12205)

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Quantitative Methods

Available teaching periods	Delivery mode	Location
View teaching periods	Online self-paced On-campus	Bruce, Canberra UC College, Bruce, ACT
EFTSL	Credit points	Faculty
0.125	3	Faculty Of Business, Government & Law
Discipline	Study level	HECS Bands
Canberra Business School	Level 1 - Undergraduate Introductory Unit	Band 1 2021 (Commenced After 1 Jan 2021) Band 1 2021 (Commenced Before 1 Jan 2021)

Introduction

This unit is designed to provide basic quantitative skills which are an essential foundation to decision-making and professional advice in a range of business situations. Upon completion of this unit students should be able to apply the quantitative tools presented so that they are able to analyse, understand, explain and evaluate data related to market events, government policies and business decision-making. The unit content includes working with equations and graphs of straight lines, linear programming, quantitative research principles in collecting, summarising and displaying business data, index numbers, relations in quantitative and categorical data, measures of association, regressions, elementary probability concepts, the normal distribution and its business applications. Students will carry out these techniques manually and/or through spreadsheets.

Learning outcomes

Upon successful completion of this unit, students will be able to:
1. Solve a range of business problems using the relevant and appropriate quantitative tools;
2. Clearly communicate the implications of the techniques applied in a range of business situations;
3. Apply a range of quantitative techniques to solve problems in business, economics and finance;
4. Explain how data is sampled, collected and presented using a range of summary measures;
5. Select appropriate techniques in addressing unfamiliar problems in business, finance and economics; and
6. Apply forecasting methods in business, economics and finance.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems

Prerequisites

None.

Corequisites

None.

Incompatible units

None.

Equivalent units

5123 Business Statistics AND 11165 Quantitative Methods in Commerce

Assumed knowledge

Basic mathematics approximately to Year 10 standard.

Availability

Year	Location	Teaching period	Teaching start date	Delivery mode	Unit convener
2026	Bruce, Canberra	Semester 1	16 February 2026	Online self-paced	Dr Xiaodong Gong
2026	Bruce, Canberra	Semester 1	16 February 2026	On-campus	Dr Xiaodong Gong
2026	UC College, Bruce, ACT	UC College Trimester 1	02 March 2026	On-campus	Mr Saeed Uz Zaman Khan
2026	UC College, Bruce, ACT	UC College Trimester 2	29 June 2026	On-campus	Mr Saeed Uz Zaman Khan
2026	Bruce, Canberra	Semester 2	10 August 2026	Online self-paced	Dr Xiaodong Gong
2026	Bruce, Canberra	Semester 2	10 August 2026	On-campus	Dr Xiaodong Gong
2026	UC College, Bruce, ACT	UC College Trimester 3	26 October 2026	On-campus	Mr Saeed Uz Zaman Khan

Timetable

The information provided should be used as a guide only. Timetables may not be finalised until week 2 of the teaching period and are subject to change. Search for the unit timetable.

Resources

Required texts

Main textbook (required):
               Title: Business Analytics and Statistics, 2nd Edition
               Publisher: John Wiley and Sons Australia
               Author: Black et al
               ISBN: 9780730363330

Recommended reference:
              Title: Business Analytics and Statistics Abridged Australia/New Zealand, Edition 8
              Publisher: Cengage Learning Australia
              Author: Selvanathan et al
              ISBN-10: 0170439542 or ISBN-13: 9780170439541

Assessment requirements

Academic integrity

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the , , and 海角射区 (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Student responsibility

Participation requirements

Your participation in both class and online activities will enhance your understanding of the unit content and therefore, the quality of your assessment responses. Lack of participation may result in your inability to satisfactorily pass assessment items.
As per the University's policy students are expected to be available for all assessment items held during the trimester, including the examination period.

Required IT skills

This unit requires practical skills in Microsoft Excel, such as using formulas and key functions, along with general computer literacy. Students are encouraged to build or refresh these skills through online resources if needed before starting the unit.

Additionally, this unit may involve the use of Virtual Room in your UCLearn teaching site. The Virtual Room allows you to communicate in real time with your lecturer and other students. To participate verbally, rather than just typing, you will need a microphone. For more information and to test your computer, go to the Virtual Room in your UCLearn site and 'Join Course Room'. This will trigger a tutorial to help familiarise you with the functionality of the virtual room.

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