Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer
Shobana Maheswaran
TBC
Administration
Admin team
Shobana Maheswaran
Frank Schoenig
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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 classes attended. Students who have approved absences from one or more practical and/or SGTA classes are still expected to attend at least 8 out of 12 practical classes and at least 8 out of 12 SGTA classes.
The only excuse for missing a SGTA or practical class, an assessment (Class Test 1 or 2) or the final exam is because of documented illness or unavoidable disruption. In these special circumstances you may apply for special consideration via ask.mq.edu.au. For approved special considerations for class tests, you will be expected to attend the next available test as determined by the convener.
If a supplementary examination is granted as the result of a special consideration application, the examination will be scheduled after the conclusion of the official examination period.
Note that there is a University policy regarding the special consideration which can be found at: https://students.mq.edu.au/study/my-study-program/special-consideration/disruption-to-studies.
Name | Weighting | Hurdle | Due |
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Practical Participation | 0% | Yes | Daily |
SGTA Participation | 0% | Yes | Daily |
5 Hurdle quizzes | 10% | Yes | Day 3, 4, 6, 10 and 12 |
Class Test 1 | 15% | No | Day 7 Practical Class |
Class Test 2 | 25% | No | Day 12 Practical Class |
Final Examination | 50% | No | University Examination Period |
Due: Daily
Weighting: 0%
This is a hurdle assessment task (see assessment policy for more information on hurdle assessment tasks)
Practical participation is a hurdle requirement. Students must participate in at least 8 out of 12 practical classes from day 2 to day 13. Participation will be recorded in class.
Due: Daily
Weighting: 0%
This is a hurdle assessment task (see assessment policy for more information on hurdle assessment tasks)
SGTA participation is a hurdle requirement. Students must participate in at least 8 out of 12 sgat classes from day 2 to day 13. Participation will be recorded in class.
Due: Day 3, 4, 6, 10 and 12
Weighting: 10%
This is a hurdle assessment task (see assessment policy for more information on hurdle assessment tasks)
The Hurdle Quizzes are online quizzes that will be made available on iLearn at least two weeks prior to the due dates. Students are allowed an unlimited number of attempts to complete each quiz until the deadline. The required pass mark is indicated on each quiz. Inability to pass a quiz without help indicates that students should visit the Numeracy Centre for help. The highest score obtained will count towards the final grade. Each quiz is worth 2%. Extensions will not be given without an approved Special Consideration application. Completion and passing of all Hurdle Quizzes is a hurdle requirement. If you fail to do so, you will fail the unit regardless of other assessment tasks marks.
This Assessment Task relates to the following Learning Outcomes:
Due: Day 7 Practical Class
Weighting: 15%
Class Test 1 will be held in practical classes on day 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 Special Consideration application.
Due: Day 12 Practical Class
Weighting: 25%
Class Test 2 will be held in practical classes on day 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 Special Consideration application.
Due: University Examination Period
Weighting: 50%
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 20th January to 25th January, 2020. 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 for use in the exam). See the day 13 iLearn area for more details on preparing for the final exam.
The University Examination timetable will be available 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 register in and attend the following classes each teaching day (Monday, Wednesday and Friday of each week):
The timetable for classes can be found on the University web site at: http://www.timetables.mq.edu.au
Day 1 is on Wednesday 4th December 2019.
Students can change their SGTA and practical classes via eStudent at: https://student1.mq.edu.au/ space permitting. Students have to attend the classes they are registered in.
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
DAY |
DATE |
LECTURE TOPIC |
Assessments and Revision Quizzes |
1 |
4/12 |
Introduction to statistics |
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2 |
6/12 |
Summarising and displaying data |
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3 | 9/12 |
Summarising and displaying data (continued) |
Hurdle quiz 1 submission |
4 |
11/12 |
Introduction to distributions: the normal distribution |
Hurdle quiz 2 submission |
13/12 | NO lecture, sgta or practical classes (Time allowed for catching up with your study) | ||
5 |
16/12 |
Sampling distributions and confidence intervals for proportions |
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6 |
18/12 |
Sampling distributions and confidence intervals for means |
Hurdle quiz 3 submission |
7 |
20/12 |
One sample hypothesis tests for a population mean |
Class Test 1 |
Session Break | |||
8 |
6/1 |
Hypothesis tests for comparing population means |
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9 |
8/1 |
Simple linear regression (Part 1) |
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10 |
10/1 |
Simple linear regression (Part 2) |
Hurdle quiz 4 submission |
11 |
13/1 |
Hypothesis tests for population proportions: z-test of a proportion and chi-squared goodness-of fit test |
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12 |
15/1 |
Chi-squared test of independence |
Hurdle quiz 5 submission Class Test 2 |
13 |
17/1 |
Review of STAT150 |
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Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) 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 or if you are a Global MBA student contact globalmba.support@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
If you are a Global MBA student contact globalmba.support@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:
The assessment plan has been aligned to the offerings in session 1 and session 2.