Page 53 - Pathways Book_Neat

Statistics and Finance

Aims: To further develop statistical and financial literacy. To enhance the ability to communicate
statistical ideas and build an understanding of personal financial responsibility.

Competencies: Problem Solving and Modelling; Mathematical and Statistical Thinking; Mathematical
and Statistical Communication; Technological Skills; Financial Literacy.
Pathways this course contributes towards: This course provides practical skills for students leaving
school and starting tertiary study or moving to employment.

Other essential information: A prerequisite is competency shown in Level 1 Mathematics and
Statistics standards. This course is fully internally assessed and so there is no opportunity for subject
endorsement.
For further information see: Mrs Costelloe

Level 2 Proposed Assessments
Standard Standard Title Credits Vocational Pathways
CI PI SI S&C M&T C&I
91263 Design a questionnaire N 3
L
91265 Conduct an experiment to N 3
investigate a situation using L
statistical methods
91266 Evaluate a statistically based report R 2
N
L
28093 Describe the financial 3
responsibilities and consequences of
tertiary study funding options
28094 Produce a balanced household 3
budget and adjust the budget to
reflect changing financial
circumstances
28096 Analyse personal financial 3
investment options
R = standard counts towards reading literacy credits, N = standard counts towards Level 1 numeracy credits, L
= standard counts towards L1 literacy credits

Level 3 Proposed Assessments
Standard Standard Title Credits Vocational Pathways
CI PI SI S&C M&T C&I
91581 Investigate bivariate measurement data N 4
L
91583 Conduct an experiment to investigate a N 4
situation using experimental design L
principles
28099 Analyse credit options and select 3
strategies to manage personal finances

28100 Develop a plan to achieve a long-term 4
personal financial goal(s)
28102 Demonstrate understanding of risk and 4
return on investment for a personal
financial investment portfolio

N = standard counts towards Level 1 numeracy credits, L = standard counts towards L1 literacy credits

CI = Creative Industries PI = Primary Industries SI = Service Industries
S & C = Social and Community Services M & T = Manufacturing and Technology C & I = Construction and Infrastructure