Students
STAT1250 – Business Statistics
2020 – Session 1, Weekday attendance, North Ryde
Coronavirus (COVID-19) Update
Due to the Coronavirus (COVID-19) pandemic, any references to assessment tasks and on-campus delivery may no longer be up-to-date on this page.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor/Lecturer
Ayse Bilgin
12WW 635
please refer to iLearn
Lecturer
Karol Binkowski
12WW 614
please refer to iLearn
Thomas Fung
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| Credit points |
Credit points
10
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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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Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- ULO1: organise and summarise data graphically and numerically
- ULO2: use appropriate techniques to analyse data
- ULO3: use Excel to manipulate and analyse data
- ULO4: draw conclusions from the results of data analysis
- ULO5: apply statistical techniques to problems arising from diverse fields of research including examples on sustainability
- ULO6: demonstrate foundational learning skills including active engagement in your learning process
Assessment Tasks
Coronavirus (COVID-19) Update
Assessment details are no longer provided here as a result of changes due to the Coronavirus (COVID-19) pandemic.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
General Assessment Information
HURDLES: Attendance at, and reasonable engagement in, Small Group Teaching Activities (SGTA) and Practical classes in this unit is compulsory. Attendance and reasonable engagement in the class activities in at least 10 out of 12 of the SGTA and Practical classes are requirements to pass the unit. This is a hurdle requirement.
ATTENDANCE and PARTICIPATION: Please contact the unit convenor as soon as possible if you have difficulty attending and participating in any classes. There may be alternatives available to make up the work. If there are circumstances that mean you will miss a class, you can apply for Special Consideration via ask.mq.edu.au
FINAL EXAM POLICY: 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, that is, 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 special consideration via ask.mq.edu.au.
If you receive special consideration for the final exam, a supplementary exam will be scheduled in the interval between the regular exam period and the start of the next session. By making a special consideration application for the final exam you are declaring yourself available for a resit during this supplementary examination period and will not be eligible for a second special consideration approval based on pre-existing commitments. Please ensure you are familiar with the policy prior to submitting an application.
You can check the supplementary exam information page on FSE101 in iLearn (bit.ly/FSESupp) for dates, and approved applicants will receive an individual notification one week prior to the exam with the exact date and time of their supplementary examination.
Delivery and Resources
Coronavirus (COVID-19) Update
Any references to on-campus delivery below may no longer be relevant due to COVID-19.
Please check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
Classes
Students should enrol in the following classes each week:
• 1 x 2 hour lecture beginning in Week 1 (attend either in-person if registered into a class or via the live lecture if registered in the live stream)
• 1 x 1 hour SGTA beginning in Week 2. Attendance and participation is a compulsory hurdle requirement!
• 1 x 1 hour practical beginning in Week 2. Attendance and participation is a compulsory hurdle requirement!
The timetable for classes can be found on the University web site at: http://www.timetables.mq.edu.au
Students can change their SGTA and practical classes online only by using eStudent at: https://student1.mq.edu.au/. Do not enrol in clashing classes! Attendance is compulsory!
Required and Recommended Texts and/or Materials
• A standard calculator should be brought to all classes.
• Excel 2016 (or a later version) for Microsoft Windows or Excel 2016 for Mac will be used throughout the unit.
Recommended Text:
• Business Statistics STAT150: A Custom Edition for Macquarie University (ISBN 9781488616099). Note that this is a subset of the chapters in Business Statistics 3rd Edition Global Edition by Sharpe, De Veaux and Velleman . This book, with the MyStatLab key, will be used throughout this unit
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
Unit Schedule
Coronavirus (COVID-19) Update
The unit schedule/topics and any references to on-campus delivery below may no longer be relevant due to COVID-19. Please consult iLearn for latest details, and check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
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Week |
Lecture Topic |
Task Due |
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1 |
Introduction to statistics |
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2 |
Summarising and displaying data |
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3 |
Summarising and displaying data (continued) |
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4 |
Introduction to distributions: the normal distribution |
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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 |
Class Test 1 |
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Semester Break (not holiday) |
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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) |
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11 |
Hypothesis tests for population proportions: z-test of a proportion and chi-squared goodness-of fit test |
Class Test 2 |
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12 |
Chi-squared test of independence |
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13 |
Revision |
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Policies and Procedures
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:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Grade Appeal Policy
- Complaint Management Procedure for Students and Members of the Public
- Special Consideration Policy (Note: The Special Consideration Policy is effective from 4 December 2017 and replaces the Disruption to Studies Policy.)
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).
Student Code of Conduct
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
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
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to help you improve your marks and take control of your study.
The Library provides online and face to face support to help you find and use relevant information resources.
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
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
IT Help
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.
Changes since First Published
| Date | Description |
|---|---|
| 18/02/2020 | Amendments in the CMS were updated. |