MGMT5504 Data Analysis and Decision Making

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Semester 1OnlineOnline
Content
This unit introduces data analysis and decision-making tools that students are able to use to manage their own day-to-day work. Students are able to identify situations in which quantitative analysis can support problem solving and decision making. They also gain practical experience in applying statistical and decision analysis techniques and statistical packages (generally Excel) in management contexts. Topics include introduction to modelling of organisations and business problems, measurement, variability, uncertainty, statistical tests and quantitative approaches to decision making. The unit provides a foundation for quantitative techniques used in other master's degree units.
Outcomes
Students are able to (1) identify fit-for-purpose statistical approaches to address management concerns; (2) explain data quality issues and collection methods; (3) use a range of appropriate statistical tools and techniques; (4) interpret statistical findings in a clear, concise and non-technical way; (5) translate statistical findings into managerial actions; (6) critically appraise quantitative reporting; and (7) communicate decision analysis results to stakeholders.
Assessment
Indicative assessments in this unit are as follows: (1) quizzes; (2) statistics in practice project; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr Rajiv Amarnani (Semester 1), Dr Ying Huang (Semester 1), Associate Professor Doina Olaru (Co-ordinator), Dr Catherine Leighton (Co-ordinator)
Unit rules
Incompatibility:
MGMT5513 Data Driven Decision Making
Contact hours
lectures/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1-2020 [SEM-1-2020]
Semester 1_2019_ONLINE [SEM-1_2019_ONLINE]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook. Reading lists and essential textbooks are subject to change each semester. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus. Copies of textbooks and other readings will be made available for students to access from the Library, online wherever possible as well as in print.
  • If this unit is offered as on-campus face-to-face study only, students who are presently unable to enter Western Australia and whose studies would be delayed by an inability to complete this unit, should contact the unit coordinator (details given on this page) to ascertain, on an individual case-by-case basis, if alternate arrangements can be made to support their study in this unit.