Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Petra Graham
Contact via petra.graham@mq.edu.au
E4A 543
TBD
Anne Karpin
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
Data is the foundation of sound business decisions. In this unit you will learn the fundamentals of analysing, solving and communicating business problems using quantitative information. The unit will cover the statistical and mathematical concepts that provide a foundation for the study of and professional practice in business and economics. The focus will be on tools and approaches that are used every day in business. Problems and examples will be drawn from current real-world experience.
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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 |
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4 Hurdle Tests | 10% | Week 2, 4, 7 and 13 |
Class Test | 15% | Practical class Week 8 |
Assignment and presentation | 15% | Monday Week 11 by 5pm |
Final Examination | 60% | University Examination Period |
Due: Week 2, 4, 7 and 13
Weighting: 10%
The Hurdle Tests are online quizzes that will be made available on iLearn at least two weeks prior to the due dates (Fridays at midnight in the relevant weeks). Students are allowed an unlimited number of attempts at each test until the deadline. The pass mark is indicated on each hurdle test. Inability to pass a test without help indicates that students should visit the lecturer in their consultation hours. The highest score obtained will count towards the final grade. Each time a student attempts a test a new version of it will be generated. The quizzes are designed to give students an opportunity to practice theoretical, mechanical and interpretational aspects of statistics. Each test is worth 2.5%. Extensions will only be granted for cases in which an application for disruption to studies has been approved.
Due: Practical class Week 8
Weighting: 15%
The Class Test will be held in a students' practical class in week 8. The class test must be taken in the practical class that a student is registered in. Students must bring their student ID. Failure to supply ID will mean exclusion from the test. A standard calculator may be taken into the class test (mobile phones and other devices with calculator apps are not permitted). No other material (apart from writing equipment) will be permitted in the class test. A supplementary class test will be given for students with an approved disruption to studies application.
Due: Monday Week 11 by 5pm
Weighting: 15%
The Assignment provides students with an opportunity to develop and to apply sound statistical practice as part of a group. It reinforces the concepts covered in lectures and the skills learned from the practical material. This assignment requires students to use Excel to analyse data using appropriate techniques. The assignment must be submitted in the form of a statistical report. Each group member will take charge of a particular aspect of the report and that member is expected to give a short presentation on that part of the report. The assignment will be made available on iLearn at least two weeks prior to the due date. Submission must be via the iLearn turnitin link only and more details will be given in the assignment. Penalties apply for late submissions and failure of a student to contribute to the group report and/or presentation will result in no marks being awarded to that student. Extensions will only be granted for cases in which an application for disruption to studies has been approved. Presentation of reports will be held in tutorials during week 12 and 13.
Due: University Examination Period
Weighting: 60%
The Final Examination will be a three hour written exam (plus ten minutes reading time) and will be held during the examination period which runs from June 9 to 26, 2015. A page of formulae and relevant Excel output will be included in the final examination. Students will be permitted to take one A4 sheet (any colour), handwritten on both sides (using pens and/or pencils) into the final examination. This sheet must be submitted with your final exam paper at the conclusion of the exam. A standard calculator may also be taken into the final examination (mobile phones and other devices with calculator apps are not permitted in the exam). See the week 13 iLearn important information for more details on preparing for the final exam.
The University Examination 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 examinations at:http://www.timetables.mq.edu.au/
Students are advised that it is Macquarie University policy not to set early examinations for individuals or groups of students. All students are expected to ensure that they are available until the end of the teaching semester, i.e. the final day of the official examination period.
The only excuse for not sitting an examination at the designated time is because of documented illness or unavoidable disruption. In these special circumstances you may apply for Disruption to Studies via ask.mq.edu.au. A supplementary examination will only be granted if the student has been found to have had a significant disruption to studies. If a supplementary examination is granted as a result of the disruption to studies process, the examination will be scheduled approximately two weeks after the conclusion of the official examination period.
Note that there is a University policy regarding requests for special consideration for examinations and the granting of supplementary examinations, which can be found at: http://students.mq.edu.au/student_admin/exams/disruption_to_studies/.
Students can submit disruption to studies request(s) through the following link: https://ask.mq.edu.au/
Grading in this Unit
The final Standardised Numerical Grade (SNG) in Stat150 will be based on students’ work during the semester and in the Final Examination. The determination of the final SNG will be based on performance of individual assessment tasks against criteria and standards as detailed in the Grading Policy (see http://mq.edu.au/policy/docs/grading/policy.html). Final grades will be awarded on the basis of students’ overall performance and the extent to which they demonstrate fulfillment of the learning outcomes listed for this unit. Students must pass the Final Exam to pass the unit.
Students should enrol in and attend the following classes each week:
The timetable for classes can be found on the University web site at: http://www.timetables.mq.edu.au
Students can change their tutorial and practical classes by using eStudent at: https://student1.mq.edu.au/
Required Text:
Many other useful texts are available for additional practice material. A list will be made available on iLearn.
Technology Used and Required
All course material is delivered through iLearn (which is a version of Moodle). The link may be found at http://ilearn.mq.edu.au
WEEK |
LECTURE TOPIC |
Assessment Due |
1 |
Introduction to statistics |
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2 |
Summarising and displaying data |
Hurdle 1 due Friday |
3 |
Summarising and displaying data (continued) |
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4 |
Introduction to distributions: the normal distribution |
Hurdle 2 due Friday |
5 |
Sampling distributions and confidence intervals for proportions |
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6 |
Sampling distributions and confidence intervals for means |
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Semester Break |
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7 | One sample hypothesis test for a population mean | Hurdle 3 due Friday |
8 |
Hypothesis tests for comparing population means |
Class Test (held during Practicals) |
9 |
Simple linear regression (Part 1) |
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10 |
Simple linear regression (Part 2) |
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11 |
Hypothesis tests for a population proportion: z-test and chi-squared goodness-of fit |
Assignment due by 5pm Monday 18th May |
12 |
Chi-squared test of independence |
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13 |
Review of STAT150 |
Hurdle 4 due Friday |
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/
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
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 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.
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
Date | Description |
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09/02/2015 | Correction of the unit schedule. |