Section 3 - Assessment Details
Assessment
Assessment type: Computer assignment – analysis and 1500 + 10% word report
–individual assessment
Purpose: To allow students to demonstrate an understanding of statistical analysis and the ability summarise and manipulate sample data, make basic statistical inferences and interpret the results in a business context.
Report (Word .doc or .docx) with analysis tables etc. as attachments –
Report Only
Topic: What do the figures mean?
Task Details: Students will be presented with a set of numerical data, and a business scenario. From this you will need to present, summarise and manipulate sample data, make basic statistical inferences and interpret the results.
Report The analysis and conclusions you draw from the analysis needs to be presented in a short report including all relevant analysis either as part of the report or as attachments referred to in appropriate sections of the report.
Presentation: The report needs to be short report format - 1500 + 10% word report format – Word .doc or .docx
Title page, executive summary, table of contents, appropriate headings and sub- headings, recommendations, in-text referencing and reference list (Harvard – Anglia style), attachments.
Marking Guide:
Report Presentation and manipulation of data
Analysis 30%
Findings / conclusions 25%
Presentation 20%
Section
Mark in font of each section
Section 1
2 find the mean (use n=10000 but change the value of p refer to the instructions)
4 find the standard deviation (use n=10000 but change the value of p refer to the instructions)
6 find percentiles use wolfram alpha
10 find the predicted values , reculculate these using the mean and standard deviation you found in the previous steps
Section 2
3 calculate the mean
6 calculate the standard deviation
3 calculate the standard error , use n=4
Section 3
3 Find the mean for each case use the webpage or excel
3 Find the standard deviation for each case use the webpage or excel
10 find the percentiles for each case use the webpage or excel
10 Calculate the Z scores, make sure you use the mean , standard deviation and X values based on your data
section 4
7 Find the Range in each case in each case and comment
7 Find the interquartile range in each case and comment
4 Discuss the z scores
section 5
3 comparison of the mean profit of game A and game B , mention which is better if one game is better at both the small casino and the large casino
3 comparison of the standard deviation of the profit of game A and game B , mention which is better if one game is better at both the small and large casino
4 comparison of the mean small casino to the large casino , mention hich is better if one is clearly better for both game A and game B, If they are close mention they are close
4 comparison of the standard deviatoin small casino to the large casino , mention which is better if one size is better for both game A and game B
section 6
6 paraphrase the discussion provided
total Mark
100
Frequently Asked Questions
.1 do you need to submit a hard copy?
Answer No, you only need to submit the word document online
2. Do I need to submit the Excel file?
Answer No, just one file (the word document) is needed
3. Should I write the calculation for the mean, standard deviation when you use the computer
Andwer No