Analyse data for business decision making

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver MTMBUS803A, 'Analyse data for business decision making'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Analyse data for business decision making' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Identify and access data sources available to the business

1.1. The data collection requirement of the business question or issue is scoped and defined.

1.2. Data sources are identified and assessed for accessibility and reliability.

1.3. Data is researched and/or collated from sources in accordance with legislation, policies and guidelines.

1.4. Accuracy and appropriateness of the data is evaluated.

1.5. Data is recorded 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. Data is collected, stored and retrieved using software in accordance with legislation, policy and guidelines.

2.2. Spreadsheet tools are used to retrieve data and present it in suitable formats.

2.3. Graphical data is displayed in accordance with graphical presentation principles.

2.4. Quantitative and/or qualitative analysis is performed to obtain required outcome.

2.5. Analysis and descriptive tools and techniques are used appropriately given the nature of the information and the required outcomes.

2.6. Limitations in the methodology are identified and described, as appropriate.

2.7. Summary statistics are calculated from the given data set in accordance with the business requirement.

3. Produce information for business decision making

3.1. Data summaries and trends are interpreted according to accepted standards.

3.2. Statistical tests are interpreted and explained.

3.3. Data is interpreted in such a way as to inform business decision making.

3.4. Data is presented in tables, charts and maps so that the reader does not misconstrue it.

3.5. Glossaries, technical notes and referencing are included with the data, where required.

3.6. Reports are prepared and presented that include statistical concepts, tables, charts and maps in accordance with organisational policy and procedures.

3.7. Findings are presented in a way that is most appropriate for the audience.

3.8. Charts are used appropriately in presentations for the variables being charted and in accordance with accepted standards.

3.9. Assumptions on which the interpretation is based are communicated in accordance with audience needs.

Qualifications and Skillsets

MTMBUS803A appears in the following qualifications:

  • MTM80111 - Vocational Graduate Diploma of Agribusines