UNIVERSITY OF TASMANIA 
BEA140: Data Analysis for Business 
Final Examination Guide and Notes 2026 
 
- Part 01. Topic Summary and Exam Tips 
- Part 02. Practice Exam Questions and Answers 
- Part 03. Sample Final Examination Paper 
- Part 04. Suggested Solutions to Final Exam Paper 
 
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University of Tasmania

University of Tasmania - BEA140: Data Analysis for Business

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ACADEMIC YEAR 2025 - 2026

University	University of Tasmania
Study Level	Undergraduate
Unit Code	BEA140
Unit Name	Data Analysis for Business
Notes Title	Final Examination Guide and Notes
Page Length	67

If you are studying BEA140: Data Analysis for Business at the University of Tasmania, this complete guide keeps your revision focused and simple. It covers every examinable topic and explains key concepts in clear, simple language. It also explains how the final exam is organised and marked, and shows you the main question styles to expect. Inside, you’ll find exam-style questions with step-by-step solutions, straightforward explanations, and final-exam hints and tips, plus practical guidance on format, key marking points, timing, and model solutions to help you check your work.

BEA140: Data Analysis for Business is a foundation unit in business statistics and the mathematics of finance, and is a core unit in the Bachelor of Economics (BEc) and Bachelor of Business (BBus) degrees. It is also a nominated elective in a wide range of other programs throughout the University of Tasmania. It is intended to provide a background capacity in mathematics of finance and statistical description and analysis, appropriate for a business student. The unit also includes an introduction to the basic use of tools such as Excel as an aid to analysis and presentation. The focus of the unit is on the practical use of data in business and economic decision environments, especially in an environment of risk and uncertainty.

On successful completion of this unit, you will be able to:

apply basic concepts of time valuation of money to common situations in business/ personal finance;
inform and communicate evidence-based decisions using data description and probability concepts;
draw conclusions and communicate properties about sample populations; and,
quantify an association between two variables, explain variation and improve outcome prediction.

UNIT CODE	UNIT NAME
BEA111	Introduction to Markets and the Economy
BEA121	Economic Policy in Action
BEA140	Data Analysis for Business
BAA215	Business and Corporate Law
BEA242	Introduction to Econometrics
BEA286	Investment Analysis
BEA320	Monetary and Fiscal Policy
BEA321	Banking and Financial Institutions
BEA342	Forecasting for Economic Decision-Making
BEA343	Corporate Finance
BEA380	Derivative Securities
BFA104	Accounting Context and Method
BFA107	Financial Management
BFA201	Financial Accounting
BFA301	Advanced Financial Accounting
BFA312	Management Accounting
BFA391	Taxation
BMA101	Introduction to Management
BMA151	Principles of Marketing

University of Tasmania - BEA140: Data Analysis for Business

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