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Evidence Guide: AMPMGT809 - Analyse data for business decision making

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

AMPMGT809 - Analyse data for business decision making

What evidence can you provide to prove your understanding of each of the following citeria?

Identify and access data sources available to the business

  1. Scope and define data collection requirements of the business question or issue
  2. Identify and assess data sources
  3. Research and/or collate data in accordance with legislation, policies and guidelines
  4. Evaluate accuracy and appropriateness of data
  5. Record data in the desired format in accordance with professional, business and task requirements
Scope and define data collection requirements of the business question or issue

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and assess data sources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research and/or collate data in accordance with legislation, policies and guidelines

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate accuracy and appropriateness of data

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Record data in the desired format in accordance with professional, business and task requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Apply data analysis and decision making techniques to analyse business data

  1. Collect, store and retrieve data using software in accordance with legislation, policy and guidelines
  2. Use spreadsheet tools to retrieve data and present it in suitable formats
  3. Display graphical data in accordance with presentation principles
  4. Perform quantitative and/or qualitative analysis to obtain required outcome
  5. Use analysis and descriptive tools and techniques appropriately given the nature of the information and the required outcomes
  6. Identify and describe methodological limitations
  7. Calculate summary statistics from the given data set in accordance with the business requirement
Collect, store and retrieve data using software in accordance with legislation, policy and guidelines

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use spreadsheet tools to retrieve data and present it in suitable formats

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Display graphical data in accordance with presentation principles

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Perform quantitative and/or qualitative analysis to obtain required outcome

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use analysis and descriptive tools and techniques appropriately given the nature of the information and the required outcomes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and describe methodological limitations

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate summary statistics from the given data set in accordance with the business requirement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Produce information for business decision making

  1. Interpret data summaries and trends in accordance with accepted standards
  2. Interpret and explain statistical tests
  3. Interpret data to enable informed business decision-making
  4. Present data, charts and maps clearly for ease of understanding
  5. Include glossaries, technical notes and referencing, where required
  6. Prepare and present reports that include statistical concepts, tables, charts and maps in accordance with enterprise policies and procedures
  7. Present findings appropriately for the audience
  8. Use charts appropriately in presentations, taking into account the variables being charted and accepted standards
  9. Communicate assumptions informing interpretation in accordance with audience needs
Interpret data summaries and trends in accordance with accepted standards

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Interpret and explain statistical tests

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Interpret data to enable informed business decision-making

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present data, charts and maps clearly for ease of understanding

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Include glossaries, technical notes and referencing, where required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare and present reports that include statistical concepts, tables, charts and maps in accordance with enterprise policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present findings appropriately for the audience

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use charts appropriately in presentations, taking into account the variables being charted and accepted standards

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Communicate assumptions informing interpretation in accordance with audience needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and access data sources available to the business

  1. Scope and define data collection requirements of the business question or issue
  2. Identify and assess data sources
  3. Research and/or collate data in accordance with legislation, policies and guidelines
  4. Evaluate accuracy and appropriateness of data
  5. Record data in the desired format in accordance with professional, business and task requirements
Scope and define data collection requirements of the business question or issue

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and assess data sources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research and/or collate data in accordance with legislation, policies and guidelines

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate accuracy and appropriateness of data

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Record data in the desired format in accordance with professional, business and task requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Apply data analysis and decision making techniques to analyse business data

  1. Collect, store and retrieve data using software in accordance with legislation, policy and guidelines
  2. Use spreadsheet tools to retrieve data and present it in suitable formats
  3. Display graphical data in accordance with presentation principles
  4. Perform quantitative and/or qualitative analysis to obtain required outcome
  5. Use analysis and descriptive tools and techniques appropriately given the nature of the information and the required outcomes
  6. Identify and describe methodological limitations
  7. Calculate summary statistics from the given data set in accordance with the business requirement
Collect, store and retrieve data using software in accordance with legislation, policy and guidelines

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use spreadsheet tools to retrieve data and present it in suitable formats

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Display graphical data in accordance with presentation principles

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Perform quantitative and/or qualitative analysis to obtain required outcome

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use analysis and descriptive tools and techniques appropriately given the nature of the information and the required outcomes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and describe methodological limitations

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate summary statistics from the given data set in accordance with the business requirement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Produce information for business decision making

  1. Interpret data summaries and trends in accordance with accepted standards
  2. Interpret and explain statistical tests
  3. Interpret data to enable informed business decision-making
  4. Present data, charts and maps clearly for ease of understanding
  5. Include glossaries, technical notes and referencing, where required
  6. Prepare and present reports that include statistical concepts, tables, charts and maps in accordance with enterprise policies and procedures
  7. Present findings appropriately for the audience
  8. Use charts appropriately in presentations, taking into account the variables being charted and accepted standards
  9. Communicate assumptions informing interpretation in accordance with audience needs
Interpret data summaries and trends in accordance with accepted standards

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Interpret and explain statistical tests

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Interpret data to enable informed business decision-making

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present data, charts and maps clearly for ease of understanding

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Include glossaries, technical notes and referencing, where required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare and present reports that include statistical concepts, tables, charts and maps in accordance with enterprise policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present findings appropriately for the audience

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use charts appropriately in presentations, taking into account the variables being charted and accepted standards

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Communicate assumptions informing interpretation in accordance with audience needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

Element

Performance criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify and access data sources available to the business

1.1 Scope and define data collection requirements of the business question or issue

1.2 Identify and assess data sources

1.3 Research and/or collate data in accordance with legislation, policies and guidelines

1.4 Evaluate accuracy and appropriateness of data

1.5 Record data in the desired format in accordance with professional, business and task requirements

2. Apply data analysis and decision making techniques to analyse business data

2.1 Collect, store and retrieve data using software in accordance with legislation, policy and guidelines

2.2 Use spreadsheet tools to retrieve data and present it in suitable formats

2.3 Display graphical data in accordance with presentation principles

2.4 Perform quantitative and/or qualitative analysis to obtain required outcome

2.5 Use analysis and descriptive tools and techniques appropriately given the nature of the information and the required outcomes

2.6 Identify and describe methodological limitations

2.7 Calculate summary statistics from the given data set in accordance with the business requirement

3. Produce information for business decision making

3.1 Interpret data summaries and trends in accordance with accepted standards

3.2 Interpret and explain statistical tests

3.3 Interpret data to enable informed business decision-making

3.4 Present data, charts and maps clearly for ease of understanding

3.5 Include glossaries, technical notes and referencing, where required

3.6 Prepare and present reports that include statistical concepts, tables, charts and maps in accordance with enterprise policies and procedures

3.7 Present findings appropriately for the audience

3.8 Use charts appropriately in presentations, taking into account the variables being charted and accepted standards

3.9 Communicate assumptions informing interpretation in accordance with audience needs

Required Skills and Knowledge

Element

Performance criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify and access data sources available to the business

1.1 Scope and define data collection requirements of the business question or issue

1.2 Identify and assess data sources

1.3 Research and/or collate data in accordance with legislation, policies and guidelines

1.4 Evaluate accuracy and appropriateness of data

1.5 Record data in the desired format in accordance with professional, business and task requirements

2. Apply data analysis and decision making techniques to analyse business data

2.1 Collect, store and retrieve data using software in accordance with legislation, policy and guidelines

2.2 Use spreadsheet tools to retrieve data and present it in suitable formats

2.3 Display graphical data in accordance with presentation principles

2.4 Perform quantitative and/or qualitative analysis to obtain required outcome

2.5 Use analysis and descriptive tools and techniques appropriately given the nature of the information and the required outcomes

2.6 Identify and describe methodological limitations

2.7 Calculate summary statistics from the given data set in accordance with the business requirement

3. Produce information for business decision making

3.1 Interpret data summaries and trends in accordance with accepted standards

3.2 Interpret and explain statistical tests

3.3 Interpret data to enable informed business decision-making

3.4 Present data, charts and maps clearly for ease of understanding

3.5 Include glossaries, technical notes and referencing, where required

3.6 Prepare and present reports that include statistical concepts, tables, charts and maps in accordance with enterprise policies and procedures

3.7 Present findings appropriately for the audience

3.8 Use charts appropriately in presentations, taking into account the variables being charted and accepted standards

3.9 Communicate assumptions informing interpretation in accordance with audience needs

Candidates must complete workplace-relevant activities which involve assembling or obtaining raw data, processing it, and analysing and interpreting it in a way that enables sound decision-making. Evidence must demonstrate the candidate's consistency of performance over time.

Candidates must demonstrate ability to:

analyse and interpret data

identify sources of data, collect data, follow analysis procedures and explain results

apply decision making skills

negotiate effectively

collect data and produce reports

use problem-solving, initiative and enterprise skills to produce information relevant to business decision making

use research skills to identify and collect data

manage risk

differentiate between different types of data

differentiate between inferential and descriptive statistics

apply linear regression and correlation analysis techniques

provide advice for business decision making based on the results of statistical analysis

Candidates must demonstrate specialised and integrated technical and theoretical knowledge of:

relevant legislation, codes of practice and standards

use of statistical data for business decision making

methods of data presentation

methods of describing data

risk and uncertainty

interval estimation

hypothesis testing

comparing group differences

simple linear regression and correlation

multiple regression

time-series analysis

the strengths and limitations of results produced by each statistical technique (error correction and hypothesis testing)

Range Statement