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CO5124 - Data Analysis and Decision Modelling

Credit points: 3
Year: 2012
Student Contribution Band: Band 4
Administered by: School of Business

Businesses typically collect large volumes of data with relative ease. However data are often meaningless until they are analysed for trends, patterns and relationships and then become useful information. This subject is designed to provide an integrated knowledge for understanding and managing information resources, building basic business intelligent system, interpreting business statistics, and developing practical decision models. It will equip students with decision-making tools and illustrate their applications. Acting on information to develop solutions and support decision-making is a key business skill.

Learning Outcomes

  • Explain the importance of information as an organisational resource and to develop an appreciation for issues in managing data/information/knowledge;
  • Apply graphical and numerical tools for organising, analysing, interpreting, and presenting data;
  • Design, build and test computer based models for planning, decision making and control of business problems, Interpret model results, and make recommendations to stakeholders;
  • Able to integrate the knowledge of Microsoft Excel and other application softwares with the knowledge of accounting and finance.

Graduate Qualities

  • The ability to appraise information critically;
  • The ability to use independent judgment to synthesise information to make intellectual and/or creative advances;
  • The ability to think laterally and be original;
  • The ability to conceptualise problems;
  • The ability to conceptualise and evaluate a range of potential solutions to relevant problems;
  • The ability to plan, conduct and manage research in their discipline;
  • The potential to lead and contribute to projects effectively and efficiently;
  • The ability to communicate the methodology, results and implications of their research in a manner appropriate to different purposes and audiences;
  • The ability to make constructive contributions to project teams or collegial activities;
  • The potential to resolve conflicts.
Assumed
Knowledge:
capability with Excel or similar spreadsheet package
Inadmissible
Subject
Combinations:
EC5203 CO5111 LB5002

Availabilities

Cairns, Study Period 5, Block
Census Date 03-May-2012
Non-standard start/end 13-Apr-2012 to 15-Jun-2012
Face to face teaching 13-Apr-2012 to 20-May-2012 (Fri 13/4 6pm-9pm, Sat 14/4 & Sun 15/4 9am-5pm, Fri 27/4 6pm-9pm, Sat 28/4 & Sun 29/4 9am-5pm, Fri 18/5 6pm-9pm, Sat 19/5 & Sun 20/5 9am-5pm)
Coord/Lect: Dr Singwhat Tee.
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 21, Internal
Census Date 12-Apr-2012
Coordinator: Dr Singwhat Tee
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 22, Internal
Census Date 09-Aug-2012
Coordinator: Dr Singwhat Tee
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Brisbane, Study Period 23, Internal
Census Date 06-Dec-2012
Coordinator: Dr Singwhat Tee
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Singapore, Study Period 51, Internal
Census Date 22-Mar-2012
Coordinator: Dr Singwhat Tee
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Singapore, Study Period 52, Internal
Census Date 09-Aug-2012
Coordinator: Dr Singwhat Tee
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

JCU Singapore, Study Period 53, Internal
Census Date 15-Nov-2012
Coordinator: Dr Singwhat Tee
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Townsville, Study Period 5, Block
Census Date 03-May-2012
Face to face teaching 20-Apr-2012 to 27-May-2012 (Fri 20/4 6pm-9pm,Sat 21/4 & Sun 22/4 9am-5pm, Fri 11/5 6pm-9pm, Sat 12/5 & Sun 13/5 9am-5pm, Fri 25/5 6pm-9pm, Sat 26/5 & Sun 27/5 9am-5pm)
Coord/Lect: Dr Singwhat Tee.
Workload expectations:
  • 20 hours practicals - 9 hours supervised
  • 36 hours workshops/Seminars
Assessment: end of semester exam (50% - 70%); assignments (15% - 25%); individual or group assessment either in the form of research project, decision modelling case study, or statistical analysis case study (15% - 25%).
Special Assessment Requirements: Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.