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 teams 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 Does not correctly identify or select relevant probability and statistics knowledge. Identifies /Selects (and explains where necessary) some key relevant probability and statistics knowledge. Accurately identifies/selects (and explains where necessary) all key relevant probability and statistics knowledge, indicating a breadth of understanding. 10 Apply relevant probability and statistics knowledge Does not apply relevant probability and statistics knowledge accurately Applies relevant probability and statistics knowledge appropriately, but may include minor errors. Insightfully and accurately applies relevant probability and statistics knowledge, demonstrating a depth of understanding. 25 2. Critical Thinking and Problem Solving Identify and critically analyse a problem or issue. Does not provide a sound analysis of a problem using appropriate theory of Provides a sound analysis of a problem or issue using some relevant theory of Effectively analyses an issue or problem, applying and synthesising (and critically evaluating where necessary) a 15 School of Risk and Actuarial Studies, Business School Rubric for ACTL2131/5101 Assignment, S1 20172 probability and statistics probability and statistics range of appropriate concepts from the probability and statistics theory. Develop well-justified conclusions or solutions. Does not develop a sound, well-justified conclusion or solution to the problem Develops a sound conclusion or solution, but may contain some weaknesses or limited justification by actuarial analysis or probability and statistics theory. Presents an insightful conclusion or solution, well-supported by actuarial analysis or probability and statistics theory. Acknowledges limitations (if appropriate) and constraints of own conclusion. 20 3. Written communicationCommunicates clearly and concisely Does not express aim, ideas and information accurately enough to make solution of the problem clear. Expresses aim, ideas and information accurately to make solution of the problem clear. Consistently expresses aim, ideas and information clearly, precisely and concisely. Written communication is polished and professional. 10 Structures text logically and coherently Does not present main ideas and information logically or coherently Presents main ideas and information logically or coherently (although could be more consistently effective) Presents all ideas and information logically and persuasively, and structures assignment coherently 10 Presents text professionally 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 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 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 10
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