Professional Documents
Culture Documents
Your Task
To apply theory learnt during the first three weeks of the subject, as well as researching the references supplied in
order to answer particular questions.
You will submit your findings as a slide deck with 14 slides on MyKBS.
Assessment Description
Data Sets
Use Tableau or Power BI to visualise the closing price of each of the following four commodities – copper, gold,
platinum and silver
Tell a story about movements in the prices of each of these commodities. Fit a trend line through each data set
for telling your story.
To assist with telling this story, read the following articles and apply the principles described therein.
• https://enigma.swiss/en/blog/what-is-business-
storytelling/#:~:text=Storytelling%20in%20business%20focuses%20on,Good%20stories%20
engage%20your%20audience
• https://www.forbes.com/sites/mikekappel/2018/01/17/5-essential-tips-for-business-
storytelling/?sh=2d71937c454d
• https://www.lafabbricadellarealta.com/business-storytelling-the-definitive-guide/
Your story should include 10 slides, with references.
Question 2 (5 marks)
Read the article below, which explains the importance of visualization techniques evolving to keep up
with changes in industry, such as the fourth industrial revolution.
https://www.sciencedirect.com/science/article/pii/S2666389921000921
Having understood the context and connection between Industry 4.0 and visualisation, go to the Visme
chart gallery at https://visme.co/blog/types-of-graphs/ and observe the charts and their applications. This
software is obviously relevant to Industry 4.0.
By observing the chart types, create one slide which describes four common modelling techniques that
are relevant to this visualisation software? (2 marks)
Create a second slide to explain how you would apply these modelling techniques to the data set provided in
Question 1 (3 marks)
Question 3 (5 marks)
Given that virtual reality (an immersive environment) is one of the sophisticated visualisation techniques
used in Industry 4.0, create one slide which describes the application of immersive environments in
business. Do not use an example from the workshop - you must research the articles below to find your
own (2 marks).
• https://www.fdmgroup.com/5-exciting-uses-for-virtual-reality/
• https://virtualspeech.com/blog/vr-applications
• https://foundry4.com/5-business-uses-of-virtual-reality
Now create a second slide to explain how you could enhance your story in question 1 by applying immersive
visualisation techniques (3 marks).
Marks
Question 1: Storytelling narrative
This should include:
/15
- 4 visualisations (4 marks)
- 4 trend lines fitted to each visualisation (2 marks)
- Insightful story corresponding to each of the visualisations (6 marks)
- Support for your story with in-text citations (3 marks)
Question 2: Modelling
/5
This should include:
- Description of four common modelling techniques (2 marks)
- Application of these modelling techniques to the data set in Question One (3
marks)
KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.
Study Assistance
Students may seek study assistance from their local Academic Learning Advisor or refer to the
resources on the MyKBS Academic Success Centre page. Click here for this information.
*Assignments submitted at any stage within the first 24 hours after deadline will be
considered to be one day late and therefore subject to the associated penalty.
If you are unable to complete this assessment by the due date/time, please refer to the
Special Consideration Application Form, which is available at the end of the KBS
Assessment Policy:
https://www.kbs.edu.au/wp-content/uploads/2016/07/KBS_FORM_Assessment-Policy_MAR2018_FA.pdf