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BUS100 Business Statistics Semester 2, 2024

Assessment 2 – Paired Practical Data Analysis Report & Presentation

Submission Deadline:

Report - Tuesday, 3 September 2024, 11:59 pm (Week 10) Presentation – Scheduled during Week 11 BUS100 classes

Assessment weighting – 35%

  • Report: 25%
  • Presentation: 10%

Task Description.

  • Students need to complete two cases by answering all questions.
  • Students are required to present in class in week 11.
  • Each pair of students will need to submit one Word file and one PowerPoint presentation file summarising the answers. Each student is required to attend the Week 11 tutorial session to present the answers to the class.

 

Demonstrate achievement of this learning outcome:

ULO1: Identify and apply appropriate statistical techniques or analytical tools by focusing on the objective of the problem and the data type;

ULO2: Analyse statistical data using appropriate computer software applications such as Excel or SPSS;

ULO3: Summarise and process suitable sample data, make basic statistical inferences and interpret statistical results, which lead to appropriate business interpretations in the context of the problem given.

 

Word count:

Length: 2000 words (excluding reference list) (plus/minus 10%).

 

The report will have the following parts:

  1. Cover page
  2. Introduction
  3. Body
  4. Conclusion
  5. References

 

Other requirements

  • Upload an MS Word file (as part 1) and an Excel spreadsheet (as part 2).
    • Format: 12-point Arial or Times New Roman, 1.5 line spacing, with page

 

numbers inserted at the bottom right.

 

Citation and referencing (APA 7)

 

The assignment should show evidence of research, with references from relevant academic journals. You should have at least two different peer-reviewed academic articles used in this assessment. Do not use Wikipedia as a reference source. Unless it is a generic theory / model, cited publications must be within the past 10 years.

 

All citations and references must adhere to the APA 7 referencing style.

 

Assessment submission

The submission link allows for multiple attempts, enabling you to check text matching for unintended plagiarism. Based on the text-match report, revise your work as needed. Submit your revised work for course grading.

 

Assignments with similarity percentages of 30% and above and Artificial Intelligence percentages of 30% and above may indicate academic misconduct and should be revised before submission.

 

Case Study 1 (12.5 Marks)

An orchard owner claims that the average weight of apples produced in their orchard is 150 grams. To verify this claim, a random sample of 24 apples is taken, and their weights are recorded as follows:

145, 152, 148, 150, 147, 153, 149, 151, 146, 150, 148, 154

147, 149, 150, 148, 152, 151, 146, 149, 150, 148, 147, 151

  1. Please use a 5% level of significance to conduct a test. In your test, you need to
    • State your null hypothesis Ho and your alternative hypothesis Ha.
    • Explain what type of hypothesis test you will use.
    • Use a diagram to show the hypothesis test process and results.
    • Interpret the result
  2. Would the result be the same at a 0.01 level of significance? Why?

 

  1. In the context of this hypothesis test, what is a Type I Error and What is a Type II Error?

 

Case Study 2 (12.5 Marks)

A study was made to compare the cost of supporting a family of four for a year in different foreign cities. The lifestyle of living at home on an annual income of $ 75,000 was the standard against which living in foreign cities was compared. A comparable living standard in Kuala Lumpur and Bangkok was attained for about $ 64,000. Suppose an executive wants to determine whether there is any difference between Kuala Lumpur and Bangkok in the

average annual cost of supporting her family of four in the manner to which they are

accustomed. She uses the following data, randomly gathered from 11 families in each city, to test this difference. She assumes the annual cost is normally distributed and the population

variances are equal. What does the executive find?

 

Kuala Lumpur ($)Bangkok ($)
69,00065,000
64,50064,000
67,50066,000
64,50064,900
66,70062,000
68,00060,500
65,00062,500
69,00063,000
71,00064,500
68,50063,500
67,50062,400

 

  1. Please use a 1% level of significance to conduct a test. In your test, you need to
    • State your null hypothesis Ho and your alternative hypothesis Ha.
    • Explain what type of hypothesis test you will use.
    • Use a diagram to show the hypothesis test process and results.
    • Interpret the result
  2. Would the result be the same at a 0.05 level of significance? Why?

 

  1. In the context of this hypothesis test, what is a Type I Error and What is a Type II Error?

 

Rubric for Assessment 2 – Report (25%)

 

 

Criteria

 

Fail (0 – 49%)

 

Pass (50-64%)

 

Credit (65-74%)

 

Distinction (75-84%)

 

High Distinction (85 – 100%)

 

Understanding of statistical inference about single populations (30%)

You did not understand the hypothesis testingfor single populations

You have a basic understanding of the hypothesis testing for single populations, although there are a

few errors.

You can understand the hypothesis testingfor single populations despite minor

errors.

You can understand the hypothesis testingfor single populations correctly

You can understand the hypothesis testingfor single populations correctly and

demonstrate the stepsclearly

 

Understanding of statistical inference about two populations (30%)

You did not understand the hypothesis testingfor two populations

You have a basic understanding of the hypothesis testing for two populations, although there are a

few errors.

You can understand the hypothesis testing for two populations despite minor

errors.

You can understand the hypothesis testing for two populations correctly

You can understand the hypothesis testing for two populations correctly and

demonstrate the stepsclearly

 

Understanding of two types of errors (15%)

You did not understand two typesof errorsYou have a basic understanding of the two types of errors, although there are a few errors.You can understand the two types of errors despite minor errors.You canunderstand the twotypes of errors with reasonable explanations.You can understand the two types of errors with excellent explanations.

 

Effectiveness of communication (15%)

 

Your written

communication is poor.

 

Your written communication is easy to follow.

 

Your written communication is clear and succinct to anabove-average standard.

Your written

communication is clear and

succinct to a veryhigh standard.

 

Your written communication is clear and succinct to an exceptionally high standard.

Use of academicallyappropriate document style,writing style and referencing system (10%)

 

You have not used an academically appropriate writing style.

 

 

You have used an academically appropriate writingstyle.

 

You have used an

academically appropriate writing styleto an above-average standard.

 

You have used an

academically appropriate writing styleto a very high standard.

 

You have used an academically appropriate writing style to an exceptionally high standard.

 

Rubric for Assessment 2 – Presentation (10%)

 

 

Criteria

 

Fail (0 – 49%)

 

Pass (50-64%)

 

Credit (65-74%)

 

Distinction (75-84%)

High Distinction (85 – 100%)

 

 

 

 

Clarity of presentation (2 pts)

 

 

Your presentation was not clear(e.g., because it was difficult to follow your argument, your props or diagrams wereunnecessary or difficult to

follow, or you did not pronounce your words well).

 

 

Your presentation was sufficiently clear to your intended audience (of business professionals) (e.g., becauseit was easy to follow your argument, your props or diagrams were relevant, and you spoke clearly).

 

 

 

Your presentation was clear to an above- average standard.

 

 

 

Your presentation was clear to a very high standard.

 

 

 

Your presentation was clear to an exceptional standard.

 

 

 

 

 

 

Depth of knowledge of presenter

(2 pts)

 

 

 

 

You did not demonstrate that you possessed enough knowledge of the subject matter of the presentation (e.g., because of the language

you used, becauseof your answersto unrehearsed questions or because of the examples yougave).

 

 

 

 

You demonstrated enoughdepth of knowledge of the subjectmatter of thepresentation (e.g., because of thelanguage you used,your

answers to unrehearsed questions or the examples you gave).

 

 

 

 

You demonstrated

knowledge of the subject matter of the presentation to an

above-average standard.

 

 

 

 

You demonstrated knowledge of the subject matter of the presentation to a very high standard.

 

 

 

 

You demonstrated

knowledge of the subject matter of the presentation to an exceptional standard.


 

 

 

 

Level         of                  audience engagement

(2 pts)

 

You failed to engage youraudience (e.g., because you failed to create opportunities for audience

engagement, dressed inappropriately or started/finished the presentation late).

 

 

You sufficiently engaged your audience (e.g., because you created opportunities for audience engagement, dressed appropriately and started/finished on time).

 

 

You sufficiently engaged your audience to an above-average standard.

 

 

You sufficiently engaged your audience to a very high standard.

 

 

You sufficiently engaged your audience to an exceptional standard.

 

 

Completion of formalpeer and self-evaluation

(2 pts)

 

You failed to complete the formal peer and self-evaluation form or failed to  complete it adequately (e.g., because your comments were brief or genuine).

 

 

You completed the formal and self- evaluation form to a satisfactory standard (e.g., because your comments werethoughtful and genuine).

 

 

You completed the formal peer and self-

evaluation to an above-average standard.

 

 

You completed the formal peer and self-

evaluation to a veryhigh standard.

 

 

You completed the formal peer and self- evaluation to an exceptional standard.

 

 

Your contribution to the group assessment task (as assessed by reference to peer andself-evaluation and

your                                lecturer’s observations)

(2 pts)

 

 

Your contribution to the group task was below the expected standard (e.g.,in terms of time on task,

academic rigour of contribution,

cooperation with others or keepingto agreed deadlines etc).

 

 

 

You contributed to the group task to a sufficient standard(e.g., in terms of time on task, academic rigour of

contribution, cooperation with others, keeping to agreeddeadlines etc).

 

 

 

You contributed to the group task to an above- average standard.

 

 

 

You contributed to the group task to a very highstandard.

 

 

 

You contributed to the group task to an exceptionally high standard.

 

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