Assessment criteria students will be required to

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Unformatted text preview: quired to demonstrate problem solving skills and ability to apply statistical tools and models. Assessment Criteria are: - Application of statistical concepts, tools, and models - Analysis of data - Problem solving - Clarity of expression (including grammar and spelling) - Conforming with instructions (e.g., rounding, charts) Quiz 2 q Task Description Quiz 2 will be held in week 11 workshops and will cover topics from weeks 6 – 10 inclusive, with possibly some materials from earlier topics. Quiz questions require students show all intermediate procedures that lead to the final answer. Students will be required to demonstrate problem solving skills and understanding of the theoretical foundations. The quizzes consist of short calculations and Version: 2013 Business School 6 BUSINESS SCHOOL appropriate statements justifying the chosen models. The testable topics of Quiz 2 include Central Limit Theorem, Hypothesis Testing, Continuous Distributions, and Confidence Intervals. q Assessment Criteria Students will be required to demonstrate problem solving skills and ability to apply statistical tools and models. Assessment Criteria are: - Application of statistical concepts - Analysis of data - Problem solving - Clarity of expression (including grammar and spelling) - Conforming with instructions (e.g., rounding, charts) Written Assignment q q Task Description The written assignment is to be completed individually and to be submitted by 4.30pm on the due date, electronically via Blackboard. Late submission will be accepted until the closing date but a 10% per day late penality will be applied. Students will be required to analyse a data set that can be downloaded from the blackboard site. Students need to construct of descriptive statistics and relevant statistical charts, build and select appropriate statistical models, construct prediction intervals, and draw relevant conclusions from the analysis. In this assessment, students should demonstrate sufficient understanding of the theoretical principles, model selection and application, and the ability to draw statistical inferences based on the data. Students will be evaluated based on their abil...
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