BSS004- 1 Using Data to Build Business Practice 2021 - 2022

Using Data to Build Business Practice

Assessment Title Assignment

Unit Title Using Data to Build Business Practice

Unit Code Number of Credits 30

Unit Leader Nguyen Thi Hoang Anh

Assessment Weighting (%) 75%

Issue Date 15 June 2022

Submission Deadline

Procedure for submission Submission will be made in hard copies

Unit Learning Outcomes  Identify data requirements and the appropriate data
assessed: collection instruments required for effective business
decision making
 Conduct appropriate analysis and clearly communicate
findings to a stated audience

This is an individual piece of assignment accompanied with a

Description of
dataset.
Assessment Task
You MUST prepare all your charts and perform all your
calculations in Excel. You will be assessed on your Excel skills,
so make sure that you use appropriate Excel functions and lay
out your work in a suitable manner.

Your findings should be interpreted within the context given in

the assignment brief.

You must present your findings in a report in Word of no more

than 3,000 words (including all charts/tables). You MUST use
Harvard referencing for any sources you cite. This includes in-
text references as well as a reference list.

Please submit your hard copy to the Admin and BOTH your
Excel file and Word document through the link on Schoology.

Note that this is an INDIVIDUAL assignment. The work you

submit MUST be your own, individual work. This applies to

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Assignment, Semester 2, 2021 - 2022
BSS004- 1 Using Data to Build Business Practice 2021 - 2022

BOTH your work in Excel and your report in Word.

Note: Your report will be based on your charts and calculations

in Excel. You MUST therefore submit BOTH your Excel file
and your report in Word/PDF. You will be marked down if you
do not show clear evidence of your calculations in your Excel
file.

Word Limit 3,000 words (maximum)

1. Report as a Word/PDF document of maximum 3,000
Format
words
2. Excel file including all your charts and calculations using
appropriate functions/formulae.
Resources/Support Guidance on completion of the assignment will be given in class.
Available You should use the textbook and materials on Schoology for
help with this assignment. In addition, there will also be plenty
of opportunities for you to seek support from your tutor during
lectures and seminars. However, you are expected to complete
this assignment independently.

Assessment Criteria See the assessment marking grid

Peer/Self-Assessment No
Required

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Assignment, Semester 2, 2021 - 2022
BSS004- 1 Using Data to Build Business Practice 2021 - 2022

Assignment Brief:

Every year, the Bank of England (BoE) asks people questions about their income and
spending. The datafile contains the data in year 2021.

You have just started employment in a bank and your Manager want you to explore the
factors affecting the financing decisions of UK households.

Your tasks:
1. Analyse the data in the datafile in order to gain an understanding of the pattern of
income and spending of UK households.
2. You need to design your research to study the factors affecting the financing
decisions of UK households. In order to do so, you’ll need to:
- Conduct two hypothesis tests about means/proportion.
- Conduct two inference on means/proportion of the two populations
- Perform one ANOVA analysis
- Design and run a multiple regression
3. Give recommendations for the bank to promote their loans.
4. Present your work to your Manager in the form of a report in Word. Submit your
analysis in an Excel file which the Manager can use for further investigation.

Threshold expectations:
In order to pass this assessment you will need to:
 Display a defined level of knowledge of indicated tools and techniques common to
business decision making.
 Select an appropriate technique to summarise and interpret business data.
 Demonstrate competence in a defined range of skills in Excel.
 Communicate results effectively to the relevant audience.

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Assignment, Semester 2, 2021 - 2022
BSS004- 1 Using Data to Build Business Practice 2021 - 2022
Assessment Marking Grid

Criterion Description Less than 34% 35% - 39% 40% - 49% 50% - 59% 60% - 69% 71%-100%
Preliminary Explore the data Very poor understanding Poor An understanding Some Good Excellent
examination of using appropriate and implementation of understanding of of tools and understanding understanding understanding
the dataset (20%) tools and tools and techniques and techniques and limited use and use of tools and use of tools
techniques in a common to business implementation common to of tools and and techniques and techniques
sensible manner. decision making of tools and business decision techniques common to common to
techniques making, but common to business decision business decision
common to poorly business decision making. making.
business decision implemented. making.
making,

Analysis and Analyse, Inappropriate/insufficient Inappropriate Appropriate Some Good Excellent

recommendations interpret the data analysis and summary of analysis and techniques used to understanding of understanding of understanding of
(40%) and provide data. Poor/limited summary of data. summarise and data analysis and data analysis and data analysis.
recommendations recommendations or Poor interpret data. recommendations practical Promising
based on critical recommendations are not recommendations Recommendations made based on recommendations practical
analysis. based on analysis of or are not based on analysis. made based on recommendations
data. recommendations analysis of data. analysis. are made based
are not based on on solid, critical
analysis of data. analysis.

Report writing The report should The report missed most The report The report missed The report The report The report
and presentation be complete of the elements missed many some elements covered all the covered all the covered all the
of the report including all the according to the elements according to the elements elements elements
(20%) elements requirements according to the requirements. according to the according to the according to the
according to the requirements. requirements. requirements. requirements.
Use of language and/or Use of language
requirements. A grammar hinders the Use of language and/or grammar is Use of language Use of language Use of language
good report is understanding of the and/or grammar poor but does not and/or grammar and grammar is and grammar is
expected to be target audience. is poor and hinder the is poor but does good, but good. The report
organised hinders the understanding of not hinder the structure and is well organised
logically and be understanding of the target understanding of organisation of with good
appropriate for
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Assignment, Semester 2, 2021 - 2022
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the target the target audience. the target the report is weak coherence and
audience. audience. audience. and not entirely appropriate for
appropriate for the target
the target audience.
audience.
General skills/ Use Excel to Little evidence of using Some evidence Some evidence of Solid evidence of Solid evidence of Good skills of
knowledge of compute all Excel to plot Charts of using Excel to using Excel to using Excel to using Excel to using Excel to
using Excel Charts, data and/or produce data plot Charts plot Charts and/or plot Charts plot Charts plot Charts
(20%) statistics that statistics. and/or produce produce data and/or produce and/or produce and/or produce
allow you to data statistics, but statistics, but data statistics, but data statistics. All data statistics. All
conduct data no Excel formula some Excel some Excel Excel formulas Excel formulas
analysis. is used. formulae are formulae are are exhibited are exhibited
missing. missing. properly. properly.

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Assignment, Semester 2, 2021 - 2022