ASSIGNMENT FRONT SHEET <No.

2> Retake

Qualification BTEC Level 5 HND Diploma in Business

Unit number and title 570_Statistics for Management

Assignment due Assignment submitted

Learner’s name Learner’s code

Class Assessor name

Learner declaration:
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.

Learner signature Date

Grading grid

P4 P5 M3 M4 D2 D3

Assignment title
Statistics application in business plan
Scenario:
Your company is planning to improve the decision making and the information management through
statistical methods. You are acting as a Research Analyst. You are required to demonstrate your
understanding by applying statistical techniques in business planning with appropriate chart/tables.
The submission is in form of individual assignment. Lecturer is encouraged to arrange group work,
presentation flexibly in the class.

In this assignment, you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found.

Assessment criteria Expected evidence Task Achieved (Stick to

no. mark as achieve)

LO3 Apply statistical methods in business planning

 - Statistical methods for business  Achieved
Not achieved
planning
Apply a range of statistical methods used in business - Measures of variability P4
planning for quality, inventory and capacity management
- Measures of probability

LO4 Communicate findings using appropriate charts/tables

 Achieved
Not achieved
- Different variables
Using appropriate charts/tables communicate findings for a - Different types of charts/tables
number of given variables. and diagrams P5

Assessment Expected Evidence Achieved (Stick to mark

as achieve)
 criteria

M3 Evaluate and justify the use of appropriate statistical methods supported by  Achieved
specific organisational examples  Not achieved

M4 Justify the rationale for choosing the method of communication.   Achieved

Not achieved

D2 Make valid recommendations and judgements for improving business planning  Achieved
through the application of statistical methods  Not achieved

Critically evaluate the use of different types of charts and tables for communicating  Achieved
D3 given variables.  Not achieved

Summative feedback:

Assessor’s Signature Date