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14 Jan
2020

Sydney Airbnb Task details: Students will use the results and any feedback given in Assessment 3 to make basic statistical inferences and interpret the results. – NO PLAGIARISM

FIN203 BANKING AND FINANCE
January 14, 2020

Assessment 4Assessment type: Inferential Statistics Report – Individual assignmentAssessment purpose: To allow students to demonstrate an understanding of statistical analysis by makingbasic statistical inferences and interpret the results in a business context. This assessment contributes tolearning outcome b, c, and d.Value: 15% Due Date: Week: 11Assessment topic: Sydney AirbnbTask details: Students will use the results and any feedback given in Assessment 3 to make basic statisticalinferences and interpret the results. This include constructing hypotheses suitable for a specific businessproblem and test them using the data in hand. Students will also need to make suggestions formanagement action as well as further research.Submission requirements details: Report in a Word Document ± 1500 words – uploaded to KOI’s Moodlesubject homepage.BUS708 STATISTICS AND DATA ANALYSIS T319 16/10/2019 15:02 PAGE 11 OF 15*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629979 CRICOS 03171AMarking Rubric for BUS708 Statistics and Data Analysis Assessment 4: 15%1/14/2020 52937 – Assessment 4Assessment type: Inferential Statistics Reporthttps://www.australiabesttutors.com/Recent_Question/52937/Assessment-4Assessment-type-Inferential-Statistics 3/5CriteriaResearch (15 marks)Fail(0-49%)Poor ability to find relevant articles and to incorporate it on the report. Incorrect or no citation.Pass(50-64%)Average ability to findsomewhat relevant articles and to incorporate it on the report which include mostly correct citation.Credit(65-74%)Sound ability to find relevant articles and to properly incorporate it on the report which include mostlycorrect citation.Distinction(75-84%)Excellent ability to find relevant articles and to properly incorporate it on the report which include correctcitation.High Distinction(85-100%)Outstanding ability to find relevant articles and to properly incorporate it on the report which includecorrect citation.Data Presentation (20 marks) Incorrect and/or incomplete numerical summaries and graphs are presentedMostly correct numerical summaries and graphs are presented but some elements are missing Correctnumerical summaries and graphs are presented but some elements are missing Correct numericalsummaries and graphs are presented with complete elements Outstanding presentation of correctnumerical summaries and graphs with complete elementsInferential Statistics (40 marks) Does not use correct and complete statistical methods to make inferences.Does not make relevant and correct conclusions about business data. Uses basic statistical methods tomake inferences, but use it as the basis for tentative, basic judgments, is hesitant or uncertain aboutdrawing conclusions from this work to solve business problem. Uses mostly correct and completestatistical methods to make inferences. Makes mostly relevant and correct conclusions to solve businessproblems. Uses correct and complete statistical methods to make inferences. Makes mostly relevant andcorrect conclusions to solve business problems. Uses correct and complete statistical methods to makeinferences. Makes sophisticated, relevant and correct conclusions to solve business problems.Conclusion and Recommendation(15 marks)Written Presentation (10 marks)Total mark out of 100Assessment mark_____ / _____Unclear conclusion. Does not suggest further research and management action.Unclear and poorly structured written expression with many errors.1/14/2020 52937 – Assessment 4Assessment type: Inferential Statistics Reporthttps://www.australiabesttutors.com/Recent_Question/52937/Assessment-4Assessment-type-Inferential-Statistics 4/5Mostly clear but incomplete conclusion which includes some findings. Suggests further research andmanagement action, but unclear.Clear and reasonably structured written expression with some errors.Mostly clear and complete conclusion which includes most findings. Suggest reasonable further researchand management actionClear and mostly well-structured written expression with a few errors.Clear and comprehensive conclusion which includes most findings. Suggest further research andmanagement action.Excellent, well-structured, and advanced level of written expression with very few errors.Clear and comprehensive conclusion which includes all findings. Suggest further research andmanagement action with a clear discussion.Outstanding, well-structured, and professional level of written expression. No errors.BUS708 STATISTICS AND DATA ANALYSIS T319 16/10/2019 15:02 PAGE 12 OF 15*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629

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