School of Economic Mathematics - Statistics

Devision of Statistics – Data analysis

INSTRUCTIONS FOR FINAL PROJECT EXAMINATION

APPLIED STATISTICS FOR IN ECONOMICS AND BUSINESS COURSE

1. Definition of “Project” for Applied Statistics in Economics and Business

Project is a statistical study to obtain quantitative information to support decision making in
economics, business and management, which includes:
- a clear definition of the statistical research problem or its rationale,
- statement of the objective of the statistical study,
- the information that needs to be collected to achieve the statistical research objectives,
- primary data collection methods: target survey subjects, sampling methods, collection tools
(online questionnaire), sample description,
- analysis: performing descriptive statistics (tables, graphs, numerical measures), performing
inferential statistics (statistical estimation, statistical hypothesis testing, forecasting on time
series...),
- implication of statistical results for decision-making by those who need information from the
statistical research,
- self-review of project limitations and conclusions.
-
2. Implementation
- Project will be done by a group of 5 students in the same class.
- Project must be finished within a specified time frame (deadline 10/2021)
- The topic is chosen by the group, approved by the lecturer
- Collecting data only after lecturers agree on research problem, research objectives and
collection methods (form/questionnaire approval)
- data collected and presented preliminary (but not limited to) by Google Forms. Students
can use support tools and other software.
- Submit the result report: see section 5.

3. Report
Report of the results in English, in the form of a Word file, includes:
1. List of group members
2. Self- evaluate each member's participation in the group project: the maximum level is
100%, the minimum level is 0%.
3. Summary
4. Introduction to the statistical research project
5. Implementation method
6. Results and discussion
7. Limitations, conclusions and recommendations
8. References

1
Number of pages: minimum 12 pages, maximum 20 pages.
Format:
 A4 page, margins: 2cm above, 2cm below, 2cm left, 2cm right.
 Number the pages in the bottom right corner, 0.8cm from the bottom edge, page
numbering: 1,2,3…
 Time New Roman font size 12 points
 Spacing before 6 points
 Line spacing: 1.2 lines

4. Rubrics
criteria weight Excellent good fair poor
(%) (9-10 điểm) (7-8 điểm) (4-6 điểm) (1-3)
Least
Interaction with
defining research Active interaction Less interaction interaction with
instructors and
problem, research with instructor and with instructor instructors, do
20 making
objectives, and making good and less not make
adjustments as
information need revision adjustment adjustments as
required
required
The data
Very detailed and Less detailed and
collection plan is Sketchy data
Data collection plan 10 clear data unclear data
quite detailed collection plan
collection plan collection plan
and clear
Collect data from Collect data Collect data
Collect data from
the accurate from suitable from unsuitable
suitable target
target target target
Data collection 10 respondents and
respondents and respondents respondents
sample size is not
sample size is and sample size and sample
large enough
large enough is enough size is small
Presenting
Presenting results
results in a Presenting
in a very clear, Presenting
clear, short, results in a rather
Summarizing and short, results in a
20 comprehensive clear, short,
presenting data comprehensive long and
way; creative comprehensive
way; very creative unclear way
data way;
data visualization
visualization
Meaningful Less meaningful No meaningful
No inferential
Inferential statistics 10 Inferential Inferential Inferential
statistics
statistics statistics statistics
Excellent No
Good
Interpretation of Interpretation of Interpretation
Interpretation of
results and results and of results and
Implication and results and good
10 excellent recommendation no
recommendation recommendatio
recommendation for decision recommendatio
n for decision
for decision makers n for decision
makers
makers makers
Quality of report 20 Articulate Good wording, Biased writing; Very biased
wording, very simple, structure of the writing;
simple, unbiased unbiased report is not exact structure of the
writing; structure writing; structure as required report is not as
of the report as of the report as required

2
 exactly as
required
required

5. Submission
Each group appoints a member to upload files to the "Final Exam" section on the LMS course.
Each group can upload a maximum of 2 files. The file name is set according to the formula
"GroupX" (X is the ordinal number of the group registered with instructor). The files must not be
in compressed format.
Note that the groups must submit the files before the deadline specified on the LMS (22:00 on
Saturday, November 6, 2021).