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QBUS1040: Foundations of Business Analytics
This unit provides students with the necessary foundations and skills to undertake second year units in business analytics and successfully complete the Business Analytics major. Theoretical models discussed are motivated by real-life business applications and decision problems. The unit provides a grounding in linear algebra (matrix properties) and calculus and applies these methods to regression models with multiple variables. Topics covered include logistic regression, interaction and nonlinear effects. The unit also introduces the key ideas of optimization (particularly for quadratic problems) and shows how optimisation models can be used to make statistical estimates. At the same time as building the understanding of the mathematical foundations needed in business analytics, the unit helps students to build programming skills to solve practical problems from the business area. The unit makes use of modern programming languages such as Python.
| Type | Description | Weight | Due | Length |
|---|---|---|---|---|
|
Supervised exam
?
|
Final exam
Paper-based exam.
|
45% | Formal exam period | 2 hours |
| Assignment |
Assignment 1
Covers weeks 1-3 and assumed knowledge. #earlyfeedbacktask
|
10% |
Week 03 Due date: 16 Aug 2024 at 23:59 |
Details to be provided on Canvas |
|
Outcomes assessed: LO1
|
||||
|
Supervised test
?
|
Mid-semester exam
Paper-based exam.
|
25% |
Week 07 Due date: 15 Sep 2024 at 15:40 |
80 minutes |
| Assignment |
Assignment 2
Covers weeks 4-8.
|
10% |
Week 09 Due date: 23 Sep 2024 at 23:59 |
Details to be provided on Canvas |
|
Outcomes assessed: LO1
|
||||
| Assignment |
Assignment 3
Covers weeks 9-13.
|
10% |
Week 13 Due date: 01 Nov 2024 at 23:59 |
Details to be provided on Canvas |
Criteria
As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.
Result name
Mark range
Description
High distinction
85 - 100
Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Distinction
75 - 84
Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Credit
65 - 74
Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Pass
50 - 64
Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Fail
0 - 49
When you don’t meet the learning outcomes of the unit to a satisfactory standard.
For more information see guide to grades.
Late submission
In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:
-
Deduction of 5% of the maximum mark for each calendar day after the due date.
-
After ten calendar days late, a mark of zero will be awarded.
This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:
Late homework will not be accepted unless special consideration is obtained.
As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.
|
Result name |
Mark range |
Description |
|---|---|---|
|
High distinction |
85 - 100 |
Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. |
|
Distinction |
75 - 84 |
Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school. |
|
Credit |
65 - 74 |
Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school. |
|
Pass |
50 - 64 |
Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. |
|
Fail |
0 - 49 |
When you don’t meet the learning outcomes of the unit to a satisfactory standard. |
For more information see guide to grades.
Late submission
In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:
- Deduction of 5% of the maximum mark for each calendar day after the due date.
- After ten calendar days late, a mark of zero will be awarded.
This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:
Late homework will not be accepted unless special consideration is obtained.