Learning Outcomes
a) Identify practical business situations to which statistical techniques are applicable
b) Present, summarise and manipulate sample data, make basic statistical inferences and interpret the results in a business context
c) Use one or more current statistical software packages for basic data analysis purposes
d) Apply skills in identifying problems and solution strategies
Assessment 1
Assessment Type: Weekly Quizzes - individual assessment
Purpose: This assessment is designed to allow students to demonstrate their ability to present, summarise and manipulate sample data, make basic statistical inferences, interpret the results in a business context using statistical software packages and techniques, and identify problems and solutions. This assessment relates to Learning Outcome a, b, c and d
Assessment 2
Purpose: To revise and reinforce subject content taught up to and including week 5. This assessment contributes to Learning Outcome a, b and c
Topic: Subject content up to and including weeks 1 - 5
Task Details: Closed book exam. A list of formulae and statistical tables will be provided. Students should bring a 10 digit non-programmable calculator to the exam. No other supporting aids or materials will be permitted.
Assessment 3
Purpose: To allow students to demonstrate an understanding of statistical analysis and the ability summarise and manipulate sample data, make basic statistical inferences and interpret the results in a business context. This assessment contributes
to Learning Outcome a, b, c and d.
Topic: What do the figures mean?
Task Details: Students will be presented with a set of numerical data, and a business scenario. From this you will need to present, summarise and manipulate sample data, make basic statistical inferences and interpret the results.
Preparatory Quizzes Before you begin your analysis and report, you need to do the Preparatory Quizzes to ensure you are familiar with the concepts and techniques involved. You may attempt the Quizzes as many times as you like - each new attempt will overwrite the previous attempt. Only the last attempts will be marked.
Report The analysis and conclusions you draw from the analysis needs to be presented in a short report including all relevant analysis either as part of the report or as attachments referred to in appropriate sections of the report.
Presentation: The report needs to be short report format - 1500 + 10% word report format - Word .doc or .docx
Title page, executive summary, table of contents, appropriate headings and sub- headings, recommendations, in-text referencing and reference list (Harvard - Anglia style), attachments.
Assessment 4
Purpose: The purpose of the final examination is to test your understanding of course concepts and your ability to apply these concepts. The examination may cover materials used in tutorials, class discussions and/or from the readings
This assessment relates to Learning Outcomes a, b, c and d
Topic: The examination may cover content from any part of the entire subject.
Task Details: 2 hour closed book exam.
Students will be given various business scenarios with relevant data sets. From these students will be expected to apply relevant statistical data analysis, and interpret the findings for the given situations.
More details will be provided during the trimester.