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STRUCTURE OF WEEK 11 TEST
The test will be broken up into two parts,
1) “Main Analysis” which is primarily driven by calculations; and
2) “Report” where the focus is on discussing the results and arriving at conclusions.
There will be explicit sections in the booklet which specifies where you complete each section. The
“main analysis” will be worth 8 marks and the “report” will be worth 7 marks. The total marks available
is 15 marks.
MAIN ANALYSIS
Following your statistical analysis of the data (report submitted in week 6). A real estate agent has finally
approach Properties Inc. It is Gloria Lowe of Gloria Lowe Real Estates (GLRE). Recently, she is interested
in how to further improve the performance of her real estate agency. In particular, she is interested in
the following questions regarding the Sydney property market:
a) Is it true that the majority of sales in Sydney have 2 bedrooms?
b) Is it true that more than 70% of properties sold is by auctions?
c) Is it true that that the majority of single buyers are males?
d) Is it true the mean age of the owners of Owner Occupied homes are less than 30 years old?
REPORT
A typical report will include an introduction which highlights the issues and how they are addressed.
Gloria understand statistics, thus the report must include the main analysis and finally the key
conclusions and limitations of the findings. Marks will be awarded addressing the issues using a holistic
and comprehensive approach to meet the needs of the client. However, this should not preclude the
main analysis. This short report should be constrained in the 45 minutes you have in the tutorial and the
single booklet you are given.
DATA
The only material you are allowed to bring into the room is the “Data Template” as provided and the
“Final pages of the exam”. Any other material found in the tutorial will result in an immediate ZERO for
this assessment.