Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Kehui Luo
Contact via kehui.luo@mq.edu.au
Room 529, Level 5, 12 Wally's Walk
Mondays 12 - 3pm
Anna Wells
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 tutorial classes are still expected to attend at least 8 out of 12 practical classes and at least 9 out of 13 tutorial classes.
The only excuse for missing a tutorial 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 to 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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Tutorial Participation | 0% | Yes | Daily |
Tutorial Exercises | 10% | No | Day 3, 5, 7, 9 and 12 |
Practical Participation | 0% | Yes | Daily |
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)
Tutorial participation is a hurdle requirement. Students must participate in at least 9 out of 13 tutorial classes from day 1 to day 13.
Due: Day 3, 5, 7, 9 and 12
Weighting: 10%
From Day 2 to Day 13, you are required to work through a set of tutorial exercises during each tutorial, and for Days 3, 5, 7, 9 and 12 ONLY, your tutorial work must be handed in to your tutor at the end of tutorial session. Each of these five (5) tutorials is worth 2%. Late submissions will not be accepted.
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. Participation will be recorded in class.
Due: Day 7 Practical Class
Weighting: 15%
Class Test 1 will be held in practical classes on day 7 (19th December). 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 (14th January). 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 21st January to 1st February, 2019. 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 enrol 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
Students can change their tutorial and practical classes via eStudent at: https://student1.mq.edu.au/. Do not enrol in clashing classes!
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 |
3/12 |
Introduction to statistics |
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2 |
5/12 |
Summarising and displaying data |
Revision quiz 1 |
3 | 7/12 |
Summarising and displaying data (continued) |
Tutorial submission |
4 |
10/12 |
Introduction to distributions: the normal distribution |
Revision quiz 2 |
12/12 | NO lecture, tutorial or practical classes (Time allowed for catching up with your study) | ||
5 |
14/12 |
Sampling distributions and confidence intervals for proportions |
Tutorial submission |
6 |
17/12 |
Sampling distributions and confidence intervals for means |
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7 |
19/12 |
One sample hypothesis tests for a population mean |
Tutorial submission Revision quiz 3 Class Test 1 |
8 |
21/12 |
Hypothesis tests for comparing population means |
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Session Break | |||
9 |
7/1 |
Simple linear regression (Part 1) |
Tutorial submission |
10 |
9/1 |
Simple linear regression (Part 2) |
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11 |
11/1 |
Hypothesis tests for population proportions: z-test of a proportion and chi-squared goodness-of fit test |
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12 |
14/1 |
Chi-squared test of independence |
Tutorial submission Class Test 2 |
13 |
16/1 |
Review of STAT150 |
Revision quiz 4 |
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 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: