ACTL2131_5101_ASSSIGNMENT_RUBRIC
business.unsw.edu.au
Last Updated 15 April 2016
Knowledge: You should be able to identify and apply disciplinary knowledge to business situations in a local and global environment.
Critical thinking and problem solving: You should be able to identify and research issues in business situations, analyse the issues, and propose appropriate and well-
justified solutions.
Written communication: You should be able to prepare written documents that are clear, concise and coherent, using appropriate style and presentation for the intended
audience, purpose and context.
Teamwork: You should be able to participate collaboratively and responsibly in teams, and reflect on your own teamwork, and on the team’s processes and ability to achieve
outcomes.
Criteria <50% (Fail) 50% - 74% (Pass-Credit) ≥ 85% (Distinction-HD) Marks 1. Knowledge Identify/Select relevant probability and statistics knowledge Ø Does not correctly identify or select relevant probability and statistics knowledge. Ø Identifies /Selects (and explains where necessary) some key relevant probability and statistics knowledge. Ø Accurately identifies/selects (and explains where necessary) all key relevant probability and statistics knowledge, indicating a breadth of understanding. Ø 10 Apply relevant probability and statistics knowledge Ø Does not apply relevant probability and statistics knowledge accurately Ø Applies relevant probability and statistics knowledge appropriately, but may include minor errors. Ø Insightfully and accurately applies relevant probability and statistics knowledge, demonstrating a depth of understanding. Ø 25 2. Critical Thinking and Problem Solving Identify and critically analyse a problem or issue. Ø Does not provide a sound analysis of a problem using appropriate theory of Ø Provides a sound analysis of a problem or issue using some relevant theory of Ø Effectively analyses an issue or problem, applying and synthesising (and critically evaluating where necessary) a Ø 15 School of Risk and Actuarial Studies, Business School Rubric for ACTL2131/5101 Assignment, S1 2017 2 probability and statistics probability and statistics range of appropriate concepts from the probability and statistics theory. Develop well- justified conclusions or solutions. Ø Does not develop a sound, well-justified conclusion or solution to the problem Ø Develops a sound conclusion or solution, but may contain some weaknesses or limited justification by actuarial analysis or probability and statistics theory. Ø Presents an insightful conclusion or solution, well- supported by actuarial analysis or probability and statistics theory. Ø Acknowledges limitations (if appropriate) and constraints of own conclusion. Ø 20 3. Written communication Communicates clearly and concisely Ø Does not express aim, ideas and information accurately enough to make solution of the problem clear. Ø Expresses aim, ideas and information accurately to make solution of the problem clear. Ø Consistently expresses aim, ideas and information clearly, precisely and concisely. Written communication is polished and professional. Ø 10 Structures text logically and coherently Ø Does not present main ideas and information logically or coherently Ø Presents main ideas and information logically or coherently (although could be more consistently effective) Ø Presents all ideas and information logically and persuasively, and structures assignment coherently Ø 10 Presents text professionally Ø Does not present document at a professional standard, e.g. inadequate editing incorrect format; inappropriate style and presentation of the solution to the actuarial or statistical problem Ø Presents document at a professional standard, e.g.: edited (only minor errors); appropriate format; appropriate style and presentation of the solution to the actuarial or statistical problem Ø Presents document very professionally, e.g.: thorough editing (no errors); effectively uses appropriate format; highly appropriate style and presentation of the solution to the actuarial or statistical problem Ø 10