foundation skills in data analysis
_________________________________________________________________________________________________________________________ MIS770 Foundation Skills in Business Analysis Assignment Two (Ver DU-A) Page 1 MIS770 Foundation Skills in Business Analysis DEPARTMENT OF INFORMATION SYSTEMS AND BUSINESS ANALYTICS DEAKIN BUSINESS SCHOOL FACULTY OF BUSINESS AND LAW, DEAKIN UNIVERSITY Assignment Two Analysis of Climate Change Survey Data Particulars • Due: Week 9, 11:59 pm, Sunday 17th May 2020. • Marks: 30%. • Words: 2,000 words or approximate equivalent. • Submission: Two files (Excel, Word) electronically in CloudDeakin. Email submissions will not be accepted. Note: Do not convert your Word document to pdf format. • Notes: This assignment is to be completed individually. Please ensure you are familiar with the Extension Request and the Late Penalties rules governing assignments in the Faculty of Business and Law (see details below). Assurance of Learning This assignment assesses the following Graduate Learning Outcomes and related Unit Learning Outcomes: Graduate Learning Outcome (GLO) Unit Learning Outcome (ULO) GLO4: Critical thinking: evaluating information using critical and analytical thinking and judgment ULO2: Manipulate and summarise data that accurately represents real world problems ULO3: Interpret and appraise statistical output to assist in real-world decision making Faculty of Business and Law Assignment Extension Procedures Information for students seeking an extension BEFORE the due date If you wish to seek an extension for this assignment prior to the due date, you need to apply directly to the Unit Chair by completing the Assignment and Online Test Extension Application Form (available from https://www.deakin.edu.au/students/faculties/buslaw/student-support/assignment-extensions) and sending the completed form as well as your supporting documentation (if a non COVID-19 related issue) and a draft of your assignment, to our generic email address
[email protected]. (Note: completing the Extension Application Form is mandatory if you wish to apply for an extension.) This process needs to occur as soon as you become aware that you will have difficulty in meeting the due date, but no later than 5-00 pm Friday 15th May 2020. In other words, requests for extensions will not be entertained after the normal close of business on Friday 15th May 2020. Please note: Unit Chairs can only grant extensions up to two weeks beyond the original due date. If you require more than two weeks, or have already been provided an extension by the Unit Chair and require additional time, you must apply for Special Consideration via StudentConnect within 3 business days of the due date. Misreading the due date/time, assignment anxiety or returning home will not be accepted as grounds for consideration. https://www.deakin.edu.au/students/faculties/buslaw/student-support/assignment-extensions mailto:
[email protected] _________________________________________________________________________________________________________________________ MIS770 Foundation Skills in Business Analysis Assignment Two (Ver DU-A) Page 2 Conditions under which an extension will normally be considered include: • Medical – to cover medical conditions of a serious nature, e.g. hospitalisation, serious injury or chronic illness. Note: temporary minor ailments such as headaches, colds and minor gastric upsets are not serious medical conditions and are unlikely to be accepted. However serious cases of these may be considered. • Compassionate – e.g. death of a close family member, significant family and relationship problems. • Hardship/Trauma – e.g. sudden loss or gain of employment, severe disruption to domestic arrangements, victim of crime. Information for students seeking an extension AFTER the due date If the due date has passed; you require more than two weeks extension, or you have already been provided with an extension and require additional time, you must apply for Special Consideration via StudentConnect. Please be aware that applications are governed by University procedures and must be submitted within three business days of the due date or previously granted extension due date. In most instances the maximum amount of time that can be granted for an assignment extension is three weeks after the due date, as Unit Chairs are required to have all assignment submitted before results/feedback can be released back to students. Penalties for late submission The following marking penalties will apply if you submit an assessment task after the due date without an approved extension: • 5% will be deducted from the available marks for each day, or part thereof, up to five days. • Work that is submitted more than five days after the due date will not be marked; you will receive 0% for the task. Note: 'Day' means calendar day. The Unit Chair may refuse to accept a late submission where it is unreasonable or impracticable to assess the task after the due date. Additional information For advice regarding academic misconduct, special consideration, extensions, and assessment feedback, please refer to the document “Rights and responsibilities as a student” in the “Unit Guide and Information” folder under the “Resources” section in the MIS770 CloudDeakin site. ________________________________________________________________________________________________ Overview The purpose of this assignment is to investigate a dataset that has been produced as a result of the survey you conducted on Climate Change. You now need to interrogate the dataset in order to answer questions posed by your client, the Australian Government. Ultimately, you will need to analyse the data, interpret the results, and then draw appropriate conclusions. The aims of the assignment are to: • provide you with some examples of the application of data analysis • test your understanding of the material presented in the relevant topics • test your ability to analyse data and interpret your results • test your ability to effectively communicate your results to others Before attempting the assignment, make sure you have prepared yourself well. At a minimum, please read the relevant sections of the prescribed textbook and review the materials provided in Modules 1 and 2 (i.e. Topics 1 to 7). _________________________________________________________________________________________________________________________ MIS770 Foundation Skills in Business Analysis Assignment Two (Ver DU-A) Page 3 Scenario The Australian Government has previously commissioned you, Ellyse Perry (Chief Analyst at Survey House), to develop a survey to help them gauge the views of the Australian public regarding “Climate Change”. Now, in order to implement possible Climate Change policy initiatives, the Government, through their representative Daisy Pearce (Manager, Public Relations in the Prime Minister’s Office), wants you to interpret the data gathered from your survey and then answer several questions. Daisy does not have an analytics background, so it’s important that you utilise “plain, easy to understand language” in your answers. If you believe you need to include any technical terms, then you must explain these in a clear and succinct manner. The questions you need to answer are contained in the following memorandum. Memorandum Date: 24th April, 2020 To: Ellyse Perry, Chief Analyst, Survey House From: Daisy Pearce, Manager, Public Relations, PM’s Office Subject: Analysis of Climate Change Survey Data Dear Ellyse, Can you please carry out an analysis of the recent Climate Change Survey data (contained in the file ClimateChangeSurvey.xlsx) and prepare a Memorandum reply to me containing answers to the following questions. My specific questions are: Q1. An Overall View of “Monthly_Payment” spend per month Can you provide me with an overall summary of the amount people are willing to pay monthly in order to have a net zero electricity bill sourced entirely through renewable energy (e.g. solar panels with backup battery)? A summing up of the variable “Monthly_Payment” just by itself, would be useful. Q2. “Monthly_Payment” vs “Concerned” I am interested in how the “Monthly_Payment” amount people are willing to pay for renewable energy relates to how “Concerned” people are with the current situation regarding Climate Change. In particular, does there appear to be any difference in how much people are prepared to pay monthly on renewable energy compared to the “Concerned” responses of: Not concerned; Slightly concerned; Somewhat concerned; Very concerned, and Extremely concerned. Q3. Climate Change Affordability Measures (a) Can you estimate the average “Monthly_Payment” amount people are willing to pay for renewable energy in Australia? (b) Climate Change is a global concern and there are countries that do not have the financial resources to address their local Climate Change circumstances. Therefore, I’m interested to know if you can estimate the proportion of all Australians who believe that Australia should financially “Support” developing countries in their efforts to address Climate Change. Q4. Climate Change Views (a) A previous report published by one of the national daily newspapers indicated that the proportion of Australians who have Already Installed or Plan to Install “Solar_Panels” on their homes is no more than 25%. An industry energy group has responded to this report by claiming that the rate has been understated and the true figure is higher. Can you check this industry group’s claim? (b) Another point of contention made in the report was the amount of money Australians would be prepared to make an up-front payment (“Up_Front_Payment”) in order to have net zero electricity bills _________________________________________________________________________________________________________________________ MIS770 Foundation Skills in Business Analysis Assignment Two (Ver DU-A) Page 4 through renewable energy. The report states that it is, on average, less than $21,500. The same industry energy group has responded by claiming that the amount of money Australians are prepared to pay up-front is at least $21,500. Could you please also check this claim by the industry group? Q5. Relationships I would like to see whether factors listed below provide any explanation of the amount people are willing to pay monthly (“Monthly_Payment”) in order to have net zero electricity bills through renewable energy. If so, can you also indicate which factor is the most important? (a) “Income” (b) “Age” Q6. Appropriate Sample Size Finally, I am concerned that the sample of 400 Australians is too small to provide accurate results as this seems hardly enough data. For a survey we intend to undertake next year, we would like to be able to: (a) estimate the proportion of Australians that are Aware or Very Aware of Climate Change to within 3%, and (b) accurately estimate the average monthly payment (“Monthly_Payment”) amount people are willing to pay in order to have net zero electricity bills through renewable energy to within $20. How many Australians would we need to include in next year’s survey to satisfy both of these requirements? Regards, Daisy Memorandum Requirements • Your memorandum reply should be no longer