Unit convenor and teaching staff |
Unit convenor and teaching staff
Convener
Anne Karpin
Contact via 9850 9617
Australian Hearing Hub level 2
Friday 10am
Petra Graham
Contact via 9850 6138
Australian Hearing Hub level 2
Wednesday 10am, 11am
Petra Graham
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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 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:
All assessments should be attempted and compulsory classes attended.
The only excuse for missing a class, assessment or the final exam is because of documented illness or unavoidable disruption. In these special circumstances you may apply for Disruption to Studies via ask.mq.edu.au. For approved disruption to class tests or final exams a supplementary examination will be given. Supplementary final examinations will be scheduled approximately two weeks after the conclusion of the official examination period in regular business hours only.
Note that there is a University policy regarding Disruption to studies which can be found at: http://students.mq.edu.au/student_admin/exams/disruption_to_studies/.
Name | Weighting | Due |
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Tutorial attendance | 0% | Weekly |
Class Test 1 | 20% | Week 7 Practical Class |
Assignment | 15% | Week 10 Monday 5pm |
Class Test 2 | 20% | Week 12 Practical Class |
Final Examination | 45% | University Examination Period |
Due: Weekly
Weighting: 0%
A minimum of 8 out of the 12 tutorials must be attended. Attendance will be taken weekly. Tutorials and practicals begin in week 2.
Due: Week 7 Practical Class
Weighting: 20%
Class Test 1 will be held in practical classes in week 7. This test must be taken in the practical class in which you are registered. 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: Week 10 Monday 5pm
Weighting: 15%
This assignment provides students with an opportunity to develop and to apply sound statistical practice. 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 will be available on iLearn two weeks before the due date. Submission will be online via iLearn only. More submission details will be given in the assignment and in class. Late submissions will incur penalties consisting of 20% deductions in marks per day. Extensions will only be granted for cases in which an application for disruption to studies has been approved.
Due: Week 12 Practical Class
Weighting: 20%
Class Test 2 will be held in practical classes in week 12. This test must be taken in the practical class in which you are registered. 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: University Examination Period
Weighting: 45%
The Final Examination will be a two hour written examination (plus ten minutes reading time) and will be held during the examination period which runs from November 14 to December 4, 2016. A page of formulae will be provided with the final exam. Students will be permitted to take one A4 sheet (any colour), handwritten on both sides (using pens and/or pencils and highlighters) into the final examination. This sheet may contain any information deemed useful to the student and must be submitted with the 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 area 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.
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:
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 Tasks and Online Quizzes |
1 |
Introduction to statistics |
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2 |
Summarising and displaying data |
Online Quiz 1 |
3 |
Summarising and displaying data (continued) |
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4 |
Introduction to distributions: the normal distribution |
Online Quiz 2 |
5 |
Sampling distributions and confidence intervals for proportions |
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6 |
Sampling distributions and confidence intervals for means |
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7 | One sample hypothesis tests for a population mean |
Online Quiz 3 Class Test 1 in practical class |
Semester break | ||
8 |
Hypothesis tests for comparing population means |
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9 |
Simple linear regression (Part 1) |
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10 |
Simple linear regression (Part 2) |
Assignment due by 5pm Monday |
11 |
Hypothesis tests for a population proportion: z-test and chi-squared goodness-of fit |
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12 |
Chi-squared test of independence |
Class Test 2 in practical class |
13 |
Review of STAT150 |
Online Quiz 4 |
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
New Assessment Policy in effect from Session 2 2016 http://mq.edu.au/policy/docs/assessment/policy_2016.html. For more information visit http://students.mq.edu.au/events/2016/07/19/new_assessment_policy_in_place_from_session_2/
Assessment Policy prior to Session 2 2016 http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy prior to Session 2 2016 http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Complaint Management Procedure for Students and Members of the Public http://www.mq.edu.au/policy/docs/complaint_management/procedure.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://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.
This graduate capability is supported by:
We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.
This graduate capability is supported by:
Assessment Tasks and Weightings:
Assessment tasks and weightings have changed significantly for Session 2 2016.
Prior to Session 2 2016, STAT150 assessment tasks consisted of four online Hurdle quizzes (10%), one class test (15%), one assignment (15%) and a 3 hour final examination (60%).
As of Session 2, 2016, there will be no Hurdle quizzes in STAT150. Online quizzes in weeks 2, 4, 7 and 13 are for revision purposes only. Assessment tasks will consist of two class tests worth 20% each (40%), one assignment (15%) and a two hour final examination (45%).
Required Text:
Prior to Session 2 2016, the required text was Business Statistics (Global Edition, 3e) by Sharpe, De Veaux and Velleman (ISBN 9781488607158).
As of Session 2 2016, the required text is Business Statistics STAT150 A Custom Edition for Macquarie University from Business Statistics 3rd Edition Global Edition by Sharpe, De Veaux and Velleman (ISBN 99781292058696)
Date | Description |
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03/08/2016 | Correct of the text ISBN and update on software availability |
31/07/2016 | Correction of typographical error in the unit schedule. |