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ETX2011/ETX9520 QUANTITATIVE METHODS FOR RISK ANALYSIS
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Semester 1, 2013
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ASSIGNMENT 1 - solutions
Total: 69 marks
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I recently asked many students about the number of Problems from AWZ that they have done so far. The answer was mostly “0”. If this is your answer, then I invite you to look at your perform- ance on Assignment 1. How well did this “0 Problems strategy” work for you on Assignment 1? Will this strategy deliver the same level of “success” for the remainder of the semester? FEEDBACK FOR THIS ASSIGNMENT is provided by * these very detailed solutions (often, much more detailed than you needed to provide.) * tutors indicating areas where you erred and referring you to the solutions on Moodle.
If you still have difficulties, then consult a staff member. (Moodle: “Staff & Consultation”.) The marker may place square brackets [...] around a section of your work. That section may be correct, and may provide useful background information, but it made no contribution to the marks. You may find it useful to review how much time and word count you devoted to the sections which the marker surrounded by square brackets. Marks are awarded for correctness, not simply for the amount written. Beware of the inappropriate use of key words, eg, using variance (key word) instead of variation. Although a lot of ink was put on paper, but it’s remarkable how rarely students answered the questions which were asked and how rarely there was evidence of students basing their answers on the unit’s content (eg, Lecture 2, Slide 28). 0 This assignment is based on the relevant unit material (lectures, tutorial exercises, computing
ETX2011/ETX9520 QUANTITATIVE METHODS FOR RISK ANALYSIS
-------------------------------------------------
Semester 1, 2013
-------------------------------------------------
ASSIGNMENT 1 - solutions
Total: 69 marks
-------------------------------------------------
I recently asked many students about the number of Problems from AWZ that they have done so far. The answer was mostly “0”. If this is your answer, then I invite you to look at your perform- ance on Assignment 1. How well did this “0 Problems strategy” work for you on Assignment 1? Will this strategy deliver the same level of “success” for the remainder of the semester? FEEDBACK FOR THIS ASSIGNMENT is provided by * these very detailed solutions (often, much more detailed than you needed to provide.) * tutors indicating areas where you erred and referring you to the solutions on Moodle.
If you still have difficulties, then consult a staff member. (Moodle: “Staff & Consultation”.) The marker may place square brackets [...] around a section of your work. That section may be correct, and may provide useful background information, but it made no contribution to the marks. You may find it useful to review how much time and word count you devoted to the sections which the marker surrounded by square brackets. Marks are awarded for correctness, not simply for the amount written. Beware of the inappropriate use of key words, eg, using variance (key word) instead of variation. Although a lot of ink was put on paper, but it’s remarkable how rarely students answered the questions which were asked and how rarely there was evidence of students basing their answers on the unit’s content (eg, Lecture 2, Slide 28). 0 This assignment is based on the relevant unit material (lectures, tutorial exercises, computing