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Module Information Booklet

Taylors University

Foundation in Business, Arts, Science and


Natural & Built Environments

January Semester 2, 2017

STA30105 Quantitative Techniques


CONTENTS

Introduction

Module Overview

Learning resources

Assessments

Resit Assessments

Assessment Offences

Assignment Cover
INTRODUCTION

Welcome to Quantitative Techniques. In the past and present global situation, it is inevitable for an organization to
employ some form of quantitative techniques. This subject will guide students through the fundamental techniques
which are the basic imperative knowledge in the area of mathematics and statistics, which would prepare students for
an easy transition through their tertiary level.

CONTACT DETAILS
Lecturer
Himalaa Devi Ramachandram
Room No. 21, Level 9A, Block E
Email: HimalaaDevi.Ramachandram@taylors.edu.my
Tel:603-56295000
Extension: 5657
MODULE OVERVIEW

MODULE SYNOPSIS
This module is designed to provide students with sound basic mathematical and statistical knowledge on the important
aspects relevant to career in any industry. It also develops students abilities to access and critically interpret
mathematics and statistics information. This module places strong emphasis on developing a clear theoretical
understanding of various statistical analytical tools.

PREREQUISITE / ASSUMED KNOWLEDGE

There is no prerequisite for this course.

MODULE OBJECTIVES

On successful completion of this subject, students will be able to:

1. understand the basic quantitative concepts, methods and skills that are essential and necessary to analyse,
interpret data and to draw conclusions based on statistical principles;
2. acquire a range of statistical skills and knowledge which can be applied in the context of everyday situations
and across other subjects;
3. develop an appreciation of statistics as a logical and coherent subject;
4. use the statistical skills to develop and form the basis for more advance statistical methods and concepts in
future courses.

LEARNING OUTCOMES

Upon successful completion of this subject, students will be able to:

1. understand the concepts of statistical terms and terminology.


2. solve real life examples using mathematical equations and graphs.
3. identify the appropriate statistical procedure to be applied for a given situation.
4. relate statistical knowledge gained in the course to real-world applications.
5. use mathematical and statistical software/tool to perform data analysis.
TAYLORS GRADUATE CAPABILITIES (TGC)
Upon successful completion of this module, a student should be equipped with the following Taylors graduate
capabilities:

Taylor's Graduate Capabilities - Foundation (2013)

Discipline Specific Knowledge

1.0 TGC: Discipline Specific Knowledge


1.1 Able to put theories into practice.
1.2 Understand ethical issues in the context of the field of study.
1.3 Understand professional practice within the field of study.

* This TGC is further clarified according to the respective program-specific outcomes.

Cognitive Capabilities

2.0 TGC: Lifelong learning


2.1 Learn independently
2.2 Locate, extract, synthesise and utilise information effectively.
2.3 Be intellectually engaged

3.0 TGC: Thinking and Problem Solving skills


3.1 Think critically and creatively.
3.2 Define and analyse problems to arrive at effective solutions.

Soft Skills

4.0 TGC: Communication Skills


4.1 Communicate appropriately in various settings and modes.

5.0 TGC: Interpersonal Skills


5.1 Understand team dynamics and mobilise the power of teams.
5.2 Understand and assume leadership.

6.0 TGC: Intrapersonal Skills


6.1 Manage oneself and be self-reliant.
6.2 Reflect on ones actions and learning.
6.3 Embody Taylors core values.

7.0 TGC: Citizenship and Global Perspectives


7.1 Be aware of and form opinions from diverse perspectives.
7.2 Understand the value of civic responsibility and community engagement.

8.0 TGC: Digital Literacy


8.1 Effective use of Information and Communications Technology (ICT)
and related technologies.
On completion of this module, students should be able to achieve the following learning outcomes:

Learning Outcomes TGC1 TGC2 TGC3 TGC4 TGC5 TGC6 TGC7 TGC8
LO1 Understand the concepts of X X X X
statistical terms and terminology.
LO2 Solve real life examples using X X X X
mathematical equations and
graphs.
LO3 Identify the appropriate statistical X X X X X
procedure to be applied for a
given situation.
LO4 Relate statistical knowledge X X X X
gained in the course to real-world
applications.
LO5 Use mathematical and statistical X X X X
software/tool to perform data
analysis.

Assessment LO1 LO2 LO3 LO4 LO5


Coursework
Individual Mid-semester Test X X X X X
Group Written Assignment X X X X X

Final Exams X X X X X
MODULE TEACHING AND LEARNING ARRANGEMENTS

This module is taught by using blended learning methods. Class contact time consists of two hours of lectures and a
two hours tutorial each week. Lectures will begin in week 1 and tutorials will begin in week 2. More details can be
found in Taylors University Student Handbook.

Students are expected to spend an extra six hours non-contact time per week engaging in the module.

Lectures

Lectures are one-way communication of information from the lecturer to the students in a hall with a capacity of
200. Interaction is minimal as knowledge on the concepts, theories and examples are explained to the students.

Lecture attendance is COMPULSORY. It is important to attend lectures as core knowledge of the subject will be
delivered in a continuous pattern. Failure to attend one lecture may lead to confusion at subsequent lectures. In
addition, students are required to prepare for tutorials which will incorporate and emphasise the information
conveyed in lectures.

Tutorials

Tutorials are interactive sessions between one tutor and 25 to 30 students. Students are expected to prepare given
questions before attending the tutorial classes and participate in the discussions and Q&A sessions during the
tutorial classes. This is an opportunity for students to seek clarification on subject/topic areas they have not had a
clear grasp yet.

Tutorial attendance is COMPULSORY.

IMPORTANT REMINDER: Students who fail to achieve 80% attendance will be excluded from the final
examination.

Self and Independent Study

Students cannot expect lecturers to be the sole provider of knowledge and information as these are unlimited.
Students are expected to practice self and independent studies for at least 200 hours for this subject.

UNIT VALUE OF MODULE


5 credit hours
LEARNING RESOURCES

Main References:

1. Croucher, John S. (2013) Introductory Mathematics and Statistic, 6th Edition, McGraw Hill Australia.

Additional References:

1. Ron Larson and Anne V. Hodgkins (2013) College Algebra and Calculus: An Applied Approach, 2nd Edition,
Cengage Learning.

2. Murray R. Spiegel and Robert E. Moyer (2014) Schaum's Outline of College Algebra, 4th Edition, Mc Graw
Hill Education

3. Murray R. Spiegel and Larry J. Stephens (2014) Schaum's Outline of Statistics, 5th Edition, Mc Graw Hill
Education

4. Prem S. Mann; with contributions by Christopher Jay Lacke (2013) Introductory statistics, 8th Edition, John
Wiley & Sons Singapore

5. Howard M. Reid (2013) Introduction to Statistics: Fundamental Concepts and Procedures of Data
Analysis, SAGA publication Ltd.

ONLINE SUPPORT
Taylors University provides a programme website (TIMeS) to allow students convenient access to module resources.
This can be accessed at: http://portals.taylors.edu.my

Materials available include:


Module Information Booklet
Lecture slides, Formula sheet.
Tutorial and assignment questions
Assignment Cover Sheet
Assignment Feedback Form
ASSESSMENT

ASSESSMENT SUMMARY

Form of assessment Length Weighting Due date


Week 10

Individual Mid-semester Test 5th April 2017


- Covering Chapters 1 to 7 1 hour 20% (Wednesday)

6 p.m. 7 p.m.

Week 13
Group Written Assignment Not more
27th April 2017
than 20 30%
- Excel and Regression Analysis (Thursday)
pages
before 2 p.m.

Final Examination 2 hours 50% Exam period

ASSIGNMENTS

Individual Mid-semester Test (20%)


The test will be carried out in week 10. Students will be tested on topics from lecture 1 to 7. The midterm test is a
closed-book test and the duration for this test is one hour. Students are required to answer 10 MCQs and 2 short
answer questions.

Group Written Assignment (30%)


The Group written assignment component requires students to work in pair or maximum a group of 3 members. Your
task is to collect data (according to the given business problem) and to use Excel (or any other statistical software) to
analyze the data.
You need to apply relevant quantitative techniques to interpret the outputs and to write a detail report explaining all
the outcomes. Details of this assignment are included in the MIB. Hard copy of the written assignment need to be
submitted into the Assignment Drop Box marked STA30105 Quantitative Techniques Group Written Assignment
outside the School of Business Divisional Office, Level 2, Block E, Lakeside Campus latest by the 27th April 2017
(Thursday) before 2pm.

FINAL EXAMINATION (50%)


The exam will assess work on all topics covered in the module. Final examination is a closed-book examination of
two hours. Students are required to answer five out of six subjective questions.
ASSESSMENT DETAILS

Deadlines for all assessments must be strictly adhered to. Please refer to Taylors University Student Handbook
for more details on late submission. All assignments must use the Assignment cover sheet and assignment feedback
form as the first two pages of the assignment (available from subject website). No extensions will be granted for
assignment submissions. If the assignment is submitted late due to circumstances beyond your control, you are
required to complete an Application for Late Submission of Assessed Work Form (available from the Divisional
Office).
Students are advised that the Harvard referencing style should be consistently adopted for all written assessments.
Taylors University treats any acts of dishonesty relating to assessment of University modules very seriously. It is vital
that students acquaint themselves with the Universitys policy on plagiarism. Please refer to Taylors University
Student Handbook for details on Academic Integrity and Assessment Grades.

Late submission of assignment


Assignments submitted within 24 hours after the published deadline will be penalised as below:
A late penalty will be applied to an assessment item submitted after the date for submission as stated in the assignment
specification, or a later date agreed to by the subject coordinator in response to an application for an extension of time.
The late penalty will take the form of a deduction of 5% of the total marks.
Assignments will not be accepted after the 24 hours window and will be recorded as a non- submission. A mark of
ZERO will be awarded.

Plagiarism
Plagiarism is the use of someone else's language, ideas, information or original material without acknowledging the
source. All students are expected to attend a course on proper usage of referencing. Information about referencing is
available from the Learning and Academic Skills Centre (LASC) and from the library webpages at:-

http://iportal.taylors.edu.my/taylor_customize/Information_Skills/Reference/reference_mainpage.htm

Plagiarism is a serious offence and any individual (who is suspected of plagiarism) would be referred to the Academic
Integrity Committee of Taylor's University College. Please refer to the Student Handbook for further information.

MODULE REQUIREMENT
All students must adhere to the Taylors Universitys Examinations, Assessment Policies and Procedures Manual. Key
information can be found at program website (http://portals.taylors.edu.my).

REFERRED EXAM

Minimum passing grade for this module is a C. A student who fails a module with a grade D+, D or D- (40-49) may
be granted a re-sit examination, subject to Board of Examiners (BOE) approval.
MODULE CALENDAR JANUARY SEMESTER 2017

Week Date Lecture topic Tutorial / X-Space Assessment / Key


dates

1 16 Jan 20 Jan L1: Proportion and Percentages No tutorial


Solving problems using
proportions, ratios and
percents
2 23 Jan 27 Jan L2: Index Numbers X-Space 1 Complete Group
Simple index numbers Introduction & Confirmation Form
Composite index numbers icebreaking for Group Written
Weighted index numbers Assignment in
Tutorial 1 tutorial class.

30 Jan 3 Feb CHINESE NEW YEAR BREAK


3 6 Feb 10 Feb L3: Linear Functions, Graphs & X-Space 2
Working with Simultaneous Tutorial 2 9th February 2017
Equations (Thursday)
Hands-on Thaipusam
Solving equations and
Tutorial/Activity
plotting straight lines
*Lap top needed Lecture
Forming linear equations
during tutorial. Replacement:
Application of linear
7th February 2017
equations (Tuesday)
Solving simultaneous 4 p.m. 6 p.m.
equations (2x2) and
applications

4 13 Feb 17 Feb L4: Basic Derivatives & X-Space 3


Application of Calculus Tutorial 3
The derivative of a function,
first order derivative &
second order derivative.
Optimization and applications

5 20 Feb 24 Feb L5: Introduction to Statistics X-Space 4


(Part I) Tutorial 4
Definition of statistics
Types of data and variables Revision 1 for
Chapters 1 - 4
Descriptive and inferential
statistics
Organising and Graphing
Qualitative / Quantitative
Data
6 27 Feb 3 Mar L6: Introduction to Statistics X-Space 5
(Part II) Tutorial 5
Construct Cumulative
Frequency Distributions and
Ogives
Construct & interpret stem-
and-leaf displays
Graphing using MS Excel and
analysing the MS Excel
outputs

7 6 Mar 10 Mar L7: Numerical Measures for X-Space 6


Ungroup Data Tutorial 6
Measures of Location
- mean, median and mode; Hands-on
Measures of dispersion Tutorial/Activity
range, variance, standard *Lap top needed
deviation, inter-quartile during tutorial.
range, skewness and
coefficient of variation

8 13 Mar 17 Mar L8: Numerical Measures for X-Space 7


Group Data Tutorial 7
Measures of Location
- mean, median and mode; Hands-on
Measures of dispersion Tutorial/Activity
range, variance, standard *Lap top needed
deviation, inter-quartile during tutorial.
range, skewness and
coefficient of variation Revision 2 for
Chapters 5 - 7
9 20 Mar 24 Mar L9: Correlation and Linear X-Space 8
Regression Tutorial 8
Relationships between
variables Mid-semester Test
Scatter diagrams Revision
The Coefficient of Correlation
The Coefficient of
Determination
Regression Analysis
Using Regression Model for
Prediction
Using MS Excel to analyse

27 Mar 31 Mar
MID SEMESTER BREAK
10 3 Apr 7 Apr L10: Introduction to Probability X-Space 9 Individual Mid-sem
Definitions Tutorial 9 Test
Rules for computing Chapters 1 to 7
probabilities 5th April 2017
Contingency Tables (Wednesday)
Conditional Probabilities 6.00 p.m. 7.00 p.m.

11 10 Apr 14 Apr L11: Permutation & X-Space 10


Combination Tutorial 10
Counting rule
Factorials, combinations & Revision 3 for
permutations. Chapters 8 - 10

12 17 Apr 21 Apr L12: Discrete Probability X-Space 11


Distributions Tutorial 11
Random Variables
Mean and standard deviation
of a discrete probability
distribution
Binomial Probability
Distribution

13 24 Apr 28 Apr L13: Continuous Probability X-Space 12 Group Written


Distributions Tutorial 12 Assignment
Normal distribution due on the
properties and characteristics 27th April 2017
of the normal distribution and (Thursday)
normal curve latest by 2 p.m.
The standard normal
distribution
Standardizing a normal
distribution
Applications of normal
distribution
Determining the z and x
values when an area under
the normal distribution curve
is known.

14 1 May 5 May L14: Sampling Methods and the X-Space 13 1st May 2017
Central Limit Theorem Tutorial 13 (Monday)
Reasons to sample Labour Day
Sampling Methods
Sampling Distributions of the
Sample Mean
The Central Limit Theorem.
15 8 May 12 May L15: : Estimation and Confidence X-Space 14 10th May 2017
Intervals Tutorial 14 (Wednesday)
Point Estimates for Mean and Wesak Day
Proportion Revision 4 for
Confidence Intervals for Mean Chapters 11 - 13
- known and unknown
Confidence Intervals for
Proportion
Calculating Sample Size.

16 15 May 19 May L16: Revision X-Space 15


- Proportion, Ratio and Tutorial 15
Percentage
- Index Numbers Revision 5 for
- Linear Functions, Graphs & Chapters 14 - 15
Working with Simultaneous
Equations
- Basic Derivatives &
Application of Calculus

17 22 May 26 May L17: Revision X-Space 16


- Introduction to Revision 6
StatisticsCorrelation and
Linear Regression
- Numerical Measures for
Ungroup & Group Data
- Introduction to Probability
- Permutation & Combination

18 29 May 2 June L18: Revision X-Space 17


- Discrete Probability Revision 7
Distributions
- Continuous Probability
DistributionsLinear
Functions and Graphs
- Sampling Methods and the
Central Limit Theorem
- Estimation and Confidence
Intervals
- Correlation and Linear
Regression

19 5 June 9 June
STUDY LEAVE

20 12 16
June June FINAL EXAM
An Assignment cover sheet needs to be included with each assignment. Please complete all details clearly.

If you are submitting the assignment on paper, please staple this sheet to the front of each assignment. If you are submitting the assignment online, please ensure this cover sheet
is included at the start of your document.

Please check with your subject lecturer for assignment submission locations.

Names:

1.

2.

3.

Student/s ID:

1.

2.

3.

Programme : Tutorial Group:

Email (Individual/Group Leader): Contact No (Individual/Group Leader) :

Subject code and title: STA 30105 Quantitative Techniques

Module Lecturer/ Tutor: Himalaa Devi Ramachandram

Assignment title: Due date: 27th April 2017

Assignment topic as stated in the guidelines provided:

Further Information: (e.g. state if extension was granted and attach evidence of approval and Revised Submission Date)

I have read and understood the Taylors University Regulations on cheating, plagiarism and collusion and state that this piece of work is my own and does not contain any
unacknowledged work from any other sources.

I authorise the University to test any work submitted by me, using text comparison software, for instances of plagiarism. I understand this will involve the University or its contractor
copying my work and storing it on a database to be used in future to test work submitted by others.

Note: The attachment of this statement on any electronically submitted assignments will be deemed to have the same authority as a signed statement.

Signed: Date:

Date received from student : Received by:


FOUNDATION IN BUSINESS PROGRAMME -

PEER EVALUATION FORM FOR GROUP WORK

Starting with your name on the left most column. Rate yourself and your team members on the relative
contributions that were made in preparing and submitting your group project.

In rating yourself and your peers, use a one-to-four point scale,


where 1 = strongly disagree | 2 = disagree | 3 = agree | 4 =
strongly agree

Total the numbers in each column. Each member of the group is expected to fill in a separate form

Group member: Group member: Group member:


Evaluation Criteria Alif Hazreen Ashralph Bin Ernis Erna Binti Yahya
Abdul Halim

Contributed meaningfully to group


discussions
4 4

Contributed useful ideas 4 4

Completes and submits assigned 4 4


tasks on time

How would you rate the quality of 4 4


this persons work?

Demonstrates cooperative and


supportive attitude 4 4

Members overall performance in the


group 4 4

TOTAL: 24 24

Signed and acknowledged by:

Date: 27 / 04/ 2017


GRADE/ MARK
ASSIGNMENT FEEDBACK FORM

A. A feedback form template needs to be included with each assignment. Please complete all details clearly.
Student ID: 1) Alif Hazreen Ashralph Bin Abdul Halim 2) Ernis Erna Binti Yahya

Programme: Foundation in Arts Tutorial Group: Section 4

Email: hazreen_halim98@hotmail.com Contact No: 017-548 5811

Module code and title: STA30105 Quantitive Techniques

Module Lecturer/ Tutor: Himalaa Devi Ramachandram

Assignment Title: Group Written Assignment Due date: 27th April 2017

B. This section will be completed by the lecturer/tutor assessing your assignment:


Key: 1. Weak 2. Satisfactory 3. Good 4. Very Good 5. Outstanding

(Lines left blank by the tutor are not relevant to this assignment)
1 2 3 4 5 Score Max Score
Part I: Data Collection (6 Marks)
Upon collection of your raw data, organize the data in a form of a table using
Excel spread sheet as the example shown below. 6
(*Units must be indicated correctly.)
TOTAL 6

Part II (37 Marks)


(a) Prepare an appropriate type of frequency distribution table for ONE of
the quantitative-continuous variable. All calculation steps need to be
shown clearly in constructing the table. 9
(b) Use Excel to construct an appropriate graph for the quantitative-
continuous variable which was chosen in part II question (a). Comment on 10
the graph by giving TWO points.
(c) Use Excel to construct an appropriate graph by choosing ONE
qualitative variable. Comment on the graph by giving TWO points. 10
(d) Choose an appropriate variable to construct a descriptive statistics
table using Excel and select and interpret any TWO central location 8
values and ONE dispersion value.
TOTAL 37

Part III (27 Marks)


(a) Choose any two relevant variables and identify the independent and 2
dependent variables clearly.
(b) Use Excel to create a scatterplot with its regression line based on 5
the chosen variables in part III question (a).
(c) Interpret your scatterplot in part III question (b). 2
(d) Use Excel to generate a summary output for regression analysis 2
and clearly show the variables on the summary output.
(e) Identify and interpret the correlation coefficient. 2
(f) Based on the summary output, determine a regression equation and 5
interpret the values of the y-intercept and slope.
(g) Based on your analysis, do you think that the dependent variable can be 4
explained by the independent variable? Explain your reasons.
(h) Explain on the reliability of using the regression equation to predict 5
the dependent variable.
TOTAL 27

GRAND TOTAL 70
30%
Any additional comments (if there is any): Comments:

Assessed by: Date:

Sample Moderated by (if any): Date:

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