Stats is the subject which many people complain as dry, boring. It can be at times, but the subject is also not very difficult if you pay attention and everything. Half of this subject is literally just finding the right formula to use and plugging in numbers. The questions are quite formulaic too, so it's unlikely that you're going to be tripped up for most questions.
Davide lectures for the Semester 2 block and he is just a very good bloke. Although the tutorial questions he uploaded were on the rather easy side, he made our exam a bit more difficult than what Ray would normally write. Which was a bit unexpected, but oh well.
You'll have weekly quizzes every week which are taken off the multiple choice of past exam questions (apparently). You'll have 3 attempts for each quiz and they'll take your highest mark for each one. With the help of friends you should be able to full-mark all of the quizzes. They cover the things that you've learnt throughout the week, so they're pretty good for consolidating a week's worth of knowledge.
Tutorials and computer labs are optional, but I went to both all the time anyway. The computer lab pretty much gets you playing with Minitab, which you'll have to use for your assignment a lot. I guess they also do consolidate the material a little as well, so they do help with your understanding. Tutorials are very useful. I recommend registering for Sharon Gunn's tutes because she explains the concepts in a little bit more depth and makes everything very clear. The tutorials just consist of working through a bunch of questions, and it's recommended that you do the questions beforehand and then ask around during the class.
The assignment was a bit hard for us, initially. But if you collaborate and read up on the EDDA notes you won't find most of it tremendously difficult. Ours just consisted of 6 questions, and only one of them required Minitab. However, with the computer lab test, you do want to make sure that you've gone through all the computer lab questions because if you don't know how to read off the Minitab outputs, then you are kinda screwed. It's an open-book test so you can bring in your lecture notes and EDDA textbook. If you've revised everything then the computer lab test shouldn't be too bad as well.
Coming closer to exam time, you want to make sure you know the summary sheet at the end of the EDDA textbook like the back of your hand. The summary sheet is very helpful and pretty much has all the formulas and notes that you need. You also need to get a lot of practise with reading statistical tables and graphs, because you will be using them a lot.
The first quarter of this subject isn't quite interesting, it's just experimental design and lots of probability distributions. But when you get to estimation, hypothesis-testing, comparative inference and regression, you need to definitely know which formulas to use and when to use them. That's all you really need to know; if you can do that then you will not have too much trouble with this section. Generally a lot of people will struggle with this part of the subject (since it's the most maths-related) but all I felt that I was doing was plugging in numbers into the right formulae. If you were good at probability and distributions in VCE Methods, you might not struggle so much with estimation and all.
The exam for 2013 was more difficult in comparison to 2011-2012. We weren't expecting Davide to chuck us a hard exam or anything so I guess we should've prepared for the worse. It might be a goooooood idea to vaguely remember some formulas. In our exam, there was a question which told you to use a rank test but the summary sheet provided in the exam didn't have the rank test formula (whereas it did have it in the textbook).
All in all, this subject, although people complain about it as boring, is not tremendously difficult. Considering you have a 20-mark buffer in the exam, you should be able to H1 if you've put in the work. That means going through the tutorial questions, doing all the problem/revision sets, and doing all the past exams. You'll see that memory work isn't really that much because 90% of what you need to know is provided on the summary sheet. It's easy to complain about this subject's difficulty if you think it's uninteresting and dull, but if you do enough questions and ask for help, then chances are... you'll see that this subject isn't actually as hard as you'll make it out to be. Most of it is just plugging in numbers.