Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Bala Pasupathy
Contact via bala.pasupathy@mqc.edu.au
TBD
Moderator
Amy Tung
Contact via manamy.tung@mq.edu.au
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
Admission to MAcc(CPA) or MAcc(Prof) or MAcc(Prof)MCom
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit is intended to provide a sophisticated level of understanding and application of the quantitative and statistical techniques which are frequently used in accounting and financial studies. This unit develops logical reasoning, objective analysis, and inferences based on empirical evidence. Statistical techniques such as probability, sampling, measurement, correlation, regression and hypothesis testing are covered and applied.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Due |
---|---|---|
Assignments | 10% | Weeks 7 and 12 |
Online Quizzes | 10% | Weekly |
Class Test | 20% | Week 13 |
Final Exam | 60% | University Examination Period |
Due: Weeks 7 and 12
Weighting: 10%
These assignments are due in weeks 7 and 12. Each assignment is worth 5%. Each assignment is to be completed in a group of four students. It is expected that each student will work on each assignment independently in the first instance and discuss their solution with their group members before writing up a joint assignment for submission.
Assignments must be submitted online and uploaded to iLearn in pdf format.
There will be a deduction of 20% of the total available marks made from the total awarded mark for submissions up to 1 hour late and 50% deduction of the total available marks made from the total awarded mark for submissions more than 1 hour and up to 24 hours late. No submissions will be accepted more than 24 hours after the due date and time.
Model solutions will be made available on iLearn.
Due: Weekly
Weighting: 10%
There will be 12 online quizzes.
Six of the online quizzes will be Practical Quizzes. Practical Quiz 1 will be due in Week 1 and is a demonstration quiz which will not count towards the final assessment. Practical Quizzes 2 to 6 will be due in weeks 3, 5, 7, 9 and 12. These quizzes will be worth 1% each. These online practical quizzes using MINITAB are to be completed every two weeks and are designed to test students' use of the statistical package, MINITAB.
The other six of the online quizzes will be Diagnostic Quizzes. These will be short answer quizzes. Diagnostic Quiz 1 will be due in Week 2 and is also a demonstration quiz which will not count towards the final assessment. Diagnostic Quizzes 2 to 6 will be due in weeks 4, 6, 8, 10 and 12. These quizzes will be worth 1% each. These Diagnostic Quizzes are provided to students to give feedback on their progress.
Correct answers will be provided at the closure of each quiz.
Due: Week 13
Weighting: 20%
This is an online test using the statistical package, MINITAB.
The test will be of 50 minutes duration and will be held during class in Week 13. Students must sit the test in their allocated class. Students will be assessed and graded on topics from Weeks 1 to 12.
Marks will be provided on iLearn.
Due: University Examination Period
Weighting: 60%
A final examination is included as an assessment task for this unit to provide assurance that:
i. the product belongs to the student and
ii. the student has attained the knowledge and skills tested in the exam.
A 3 hour final examination for this unit will be held during the University Examination period. Students are permitted to take one A4 page of notes, handwritten on both sides, into the exam. It should be noted that students must pass the final exam in order to pass the unit, regardless of their performance on other assessment tasks.
The University Examination period in Session 2, 2014 is from 17 November to 5 December.
You are expected to present yourself for examination at the time and place designated in the University Examination Timetable. The timetable will be available in Draft form approximately eight weeks before the commencement of the examinations and in Final form approximately four weeks before the commencement of the exams.
The only exception to not sitting an examination at the designated time is because of documented illness or unavoidable disruption. In these circumstances you may wish to notify the University of Disruption to Studies. A link to the University’s Disruption to Studies Policy and Procedure is available in the Policies and Procedures section in this Unit Guide.
If a Supplementary Examination is granted as a result of the Disruption to Studies process the examination will be scheduled after the conclusion of the official examination period.
The Macquarie university examination policy details the principles and conduct of examinations at the University. Links to all relevant policies may be found in the Policies and Procedures section of the Unit Guide.
Where possible, staff will answer questions by email. Students experiencing significant difficulties with any topic in the unit should seek assistance immediately. Staff will advise their consultation hours at the beginning of semester.
There are three hours face-to-face teaching per week consisting of a mixture of lecture and practical classes. The timetable for classes can be found on the Macquarie City Campus 'Student Portal' at: http://www.city.mq.edu.au
Selvanathan, E.A., Selvanathan, S. & Keller, G. (2014) Business Statistics: Australia/New Zealand (6th Edition). Cengage Learning Australia
The textbook is also available as an ebook at:
http://www.cengagebrain.com.au/shop/en/AU/storefront/australia?cmd=CLHeaderSearch&fieldValue=9780170237000
Recommended Texts:
Statistics for Management and Economics by Keller, G.
The Practice of Business Statistics by Moore, McCabe, Duckworth & Alwan
Australasian Business Statistics by Black, et al
The statistical package MINITAB 17 will be used and students will learn to analyse data using MINITAB. The package can be downloaded onto students’ home computers from North Ryde Student Portal.
Unit materials, assignments, solutions, announcements and other relevant information can be found on iLearn for this unit and students should visit this site regularly at:
Your log-in details for iLearn are the same as your e-student username and password. Should you have any technical difficulties logging in, including password resets, you will need to contact the IT Helpdesk on 9850 4357 or log onto OneHelp via the website http://mq.edu.au/onehelp/index.html to log a support request.
Learning and Teaching Activities
New material will be introduced in each lecture. During practical classes students will work on problems based on the material presented in lectures and write up relevant summaries of results. Students are expected to have read through the material to be covered in class each week. Course material will be made available online using iLearn.
A week-by-week list of the topics is provided in this Unit Guide
IT Conditions of Use
Access to all student computing facilities within University is restricted to authorised coursework for approved units. Student ID cards must be displayed in the locations provided at all times.
Students are expected to act responsibly when using University IT facilities. The following regulations apply to the use of computing facilities and online services:
Accessing inappropriate web sites or downloading inappropriate material is not permitted. Material that is not related to coursework for approved units is deemed inappropriate.
Downloading copyright material without permission from the copyright owner is illegal, and strictly prohibited. Students detected undertaking such activities will face disciplinary action, which may result in criminal proceedings.
Non-compliance with these conditions may result in disciplinary action without further notice.
Students must use their Macquarie University email addresses to communicate with staff as it is University policy that the University issued email account is used for official University communication.
Week Commencing |
Week |
Topics Covered |
Textbook Chapter |
Assessment Due |
4 August |
1 |
Introduction to Statistics Graphical Techniques |
1, 2 and 3 4 (omit pp89-91, 97-99, 4.2) (4.4 is optional) |
PQ1 |
11 August |
2 |
Numerical Summaries |
5 (omit pp152-153, 5.4, 5.5) |
DQ1 |
18 August |
3 |
Probability Probability Distributions |
6 (omit 6.5) 7 (omit 7.4, 7.5, 7.7) 8 (omit 8.4) |
PQ2 |
25 August |
4 |
Sampling Distributions
|
9 10 |
DQ2 |
1 September |
5 |
Estimation Confidence Intervals |
11 (omit 11.5) 12 (omit 12.3, 12.4) |
PQ3 |
8 September |
6 |
Testing Hypotheses: Single Samples |
13 (omit 13.5, 13.6) 21 (21.2) |
DQ3 |
15 September |
7 |
Testing Hypotheses: Two Samples |
14 (omit 14.3) 21 (21.1) |
PQ4 Assignment 1 |
Semester Break: 20 September to 5 October |
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7 October note: Monday 6 October is a public holiday |
8 |
Analysis of Variance
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16 (16.1, 16.2) 21 (21.3: KW test only) |
DQ4 |
13 October |
9 |
Categorical Data Analysis
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13 (13.6) 17 (17.3 is optional) |
PQ5 |
20 October |
10 |
Simple Linear Regression
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18 (omit 18.3, pp728-730, 18.5, 18.6) |
DQ5 |
27 October |
11 |
Assessing Linear Models Multiple Regression
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5 (5.5) 18 (18.4, 18.5, 18.6) 19 (omit pp778-779, 19.4) Lecture notes for model reduction |
Assignment 2 |
3 November |
12 |
Multiple Regression continued
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20 (omit 20.4, 20.6) |
PQ6, DQ6 |
10 November |
13 |
Revision
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22 |
Class test using MINITAB package |
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Macquarie University uses the following grades in coursework units of study:
HD - High Distinction
D - Distinction
CR - Credit
P - Pass
F - Fail
Grade descriptors and other information concerning grading are contained in the Macquarie
University Grading Policy which is available at:
http://www.mq.edu.au/policy/docs/grading/policy.html
Grade Appeals and Final Examination Script Viewing
If, at the conclusion of the unit, you have performed below expectations, and are considering lodging an appeal of grade and/or viewing your final exam script please refer to the following website which provides information about these processes and the cut off dates in the first instance. Please read the instructions provided concerning what constitutes a valid grounds for appeal before appealing your grade.
http://www.city.mq.edu.au/reviews-appeals.html
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students who require assistance are encouraged to contact the Student Services Manager at Macquarie City Campus. Please see reception to book an appointment.
At any time students (or groups of students) can book our Student Advising rooms on Level 6 by emailing info@city.mq.edu.au with a day and time and nominated contact person. There are additional student study spaces available on Level 1.
Macquarie University Campus Wellbeing also has a presence on the City Campus each week. If you would like to make an appointment, please email info@city.mq.edu.au or visit their website at: http://www.campuslife.mq.edu.au/campuswellbeing
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
This unit gives you opportunities to conduct your own research and gives you practice in applying research findings in your assessments.
This unit uses research from external sources to support your learning of concepts, techniques and technologies taught in this unit.