All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Conduct and apply statistical analyses required to make informed public sector finance decisions |
SAQA US ID | UNIT STANDARD TITLE | |||
119335 | Conduct and apply statistical analyses required to make informed public sector finance decisions | |||
ORIGINATOR | ||||
SGB Public Administration and Management | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Public Administration | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 5 | Level TBA: Pre-2009 was L5 | 15 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2026-06-30 | 2029-06-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard does not replace any other unit standard and is not replaced by any other unit standard. |
PURPOSE OF THE UNIT STANDARD |
Learners working towards this standard will be working within a Public Sector environment, specialising in Public Finance Management and Administration, where the acquisition of competence against this standard will add value to one's job. This standard will also add value to public officials who are seeking to develop a career pathway towards becoming an accomplished public finance management and administration specialist.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Learners accessing this Unit Standard must be in possession of a Further Education and Training Certificate or equivalent qualification |
UNIT STANDARD RANGE |
N/A |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Demonstrate an understanding of the various statistical techniques used to summarise and present data. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Distinction is drawn between data and information with reference to features of good information |
ASSESSMENT CRITERION 2 |
Difference between primary and secondary data is demonstrated with reference to different sources of secondary data for decision making |
ASSESSMENT CRITERION 3 |
Different methods of sampling are identified and explained for appropriateness of each sampling technique |
ASSESSMENT CRITERION 4 |
Different ways of presenting data and results of analyses are explained |
ASSESSMENT CRITERION 5 |
Various forms of graphs and diagrams are prepared and explained |
ASSESSMENT CRITERION RANGE |
Graphs and diagrams include but are not limited to bar charts, time series graphs (not Z charts), scatter diagrams, histograms and ogives |
ASSESSMENT CRITERION 6 |
Summary statistics for ungrouped data are calculated and the context explained to guide decisions |
ASSESSMENT CRITERION RANGE |
Statistics for ungrouped data include but are not limited to arithmetic mean, median, mode, range, standard deviation and variance |
ASSESSMENT CRITERION 7 |
Summary statistics for grouped data are calculated and the context explained to guide decisions |
ASSESSMENT CRITERION RANGE |
Statistics for grouped data include but are not limited to arithmetic mean, median (graphical method only), mode (graphical method only), range, semi-interquartile range (graphical method only), standard deviation and variance |
ASSESSMENT CRITERION 8 |
Simple index numbers are calculated and used to deflate a series and explain the results |
ASSESSMENT CRITERION RANGE |
Index numbers include but are not limited to a fixed base and chain base series |
SPECIFIC OUTCOME 2 |
Explain and demonstrate the use of probability concepts where risk and uncertainty exist. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Simple probabilities are calculated |
ASSESSMENT CRITERION 2 |
Addition and multiplication rules of probability are demonstrated |
ASSESSMENT CRITERION 3 |
Simple conditional probabilities are calculated to assess risk |
ASSESSMENT CRITERION 4 |
Expected values are calculated and explained |
ASSESSMENT CRITERION 5 |
Expected values are demonstrated and used in decision making process |
ASSESSMENT CRITERION 6 |
Limitations of expected values are explained with reference to specific decisions |
ASSESSMENT CRITERION 7 |
Normal distribution tables are used to calculate probabilities in the assessment of risk |
SPECIFIC OUTCOME 3 |
Explain and demonstrate techniques used for forecasting based on an analysis of time series data. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Time series graphs are prepared to identify trends and patterns in a time series data |
ASSESSMENT CRITERION 2 |
Components of a time series model are identified with reference to a given decision problem |
ASSESSMENT CRITERION 3 |
Trends in time series data are determined using a graph, moving average or linear regression |
ASSESSMENT CRITERION 4 |
Forecasts are calculated using either additive or multiplicative models |
ASSESSMENT CRITERION 5 |
Cross-correlation between pairs of a time series are estimated |
ASSESSMENT CRITERION 6 |
The reliability of forecasts made and other seasonally adjusted values or a time series are determined and explained |
SPECIFIC OUTCOME 4 |
Demonstrate an understanding of regression analysis as a tool of discerning economic relationships. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Correlation coefficient between two variables is calculated and explained in the context of a given decision situation |
ASSESSMENT CRITERION 2 |
Statistical software is used to analyse statistical data to identify and interpret key relationships existing among more than two variables |
ASSESSMENT CRITERION 3 |
The rank correlation coefficient between two sets of data is calculated and explained |
ASSESSMENT CRITERION 4 |
The use of regression analysis to find best fit among variables is demonstrated |
ASSESSMENT CRITERION 5 |
Forecast values of a response (dependent) variable, given the value of a predictor, is determined |
SPECIFIC OUTCOME 5 |
Demonstrate an understanding of statistical sampling techniques to decision situations that are dependent on limited information. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Distinctions are made between probabilistic and non-probabilistic sampling techniques |
ASSESSMENT CRITERION 2 |
Principles of sampling essential to the implementation of selected research methods are described with reference to the importance of sampling |
ASSESSMENT CRITERION 3 |
Importance of sampling in decision-making is explained |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
1. Any individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
2. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA. 3. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA. 4. Moderation of assessment will be conducted by the relevant ETQA at its discretion. |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
The learner must demonstrate an understanding of:
|
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems using critical and creative thinking processes to interpret economic and financial problems utilising statistical techniques |
UNIT STANDARD CCFO WORKING |
Work effectively with others as a member of a team, group, organisation or community to gather statistical data |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one's activities responsibly and effectively in order to conduct statistical analysis within job context |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organize and crtically evaluate information in order to predict risk, uncertainty and forecasting trends and developments |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively using visual, mathematical and/or language in the modes of oral and/or written persuasion to present statistical techniques to summarise and analyse data |
UNIT STANDARD CCFO SCIENCE |
Use science and technology effectively and critically, showing responsibility to the environment and health of others in obtaining statistical information |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world as a set of interrelated systems by recognising that statistical problem-solving contexts do not exist in isolation |
UNIT STANDARD CCFO CONTRIBUTING |
Participating as responsible citizens in the life of local, national and global communities by analysing statistics and integrating the principles into all spheres of life |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
UNIT STANDARD NOTES |
N/A |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Fundamental | 63589 | National Diploma: Geographical Information Science | Level 5 | NQF Level 05 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CETA |
Fundamental | 49554 | National Diploma: Public Finance Management and Administration | Level 5 | NQF Level 05 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | LG SETA |
Elective | 63689 | Bachelor of Arts: Geographical Information Science | Level 6 | Level TBA: Pre-2009 was L6 | Passed the End Date - Status was "Reregistered" |
2018-06-30 |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
1. | A4 Consultancy CC |
2. | Abacwaningi Business Solutions |
3. | Amabamba Recruitment |
4. | AVAX SA 481 CC. T/A Mandisa Development Services |
5. | Buena Vista Learning Academy |
6. | Edequette Training Institute |
7. | Excellent Minds Institute (Pty) Ltd |
8. | Giamanje TVET College |
9. | Growth Management Consulting |
10. | Hamonate Consulting |
11. | IQ Skills Academy (PTY) LTD. |
12. | Jobafrik Consulting |
13. | Josmap Training Institute |
14. | KOKANO PROJECTS PTY LTD |
15. | KYM MANAGEMENT CONSULTING |
16. | Lewerb Holdings (PTY) Ltd |
17. | Mafamawethu Consultants |
18. | Makoti Skills Development Solutions |
19. | Mamuhle Academy |
20. | MANCOSA Pty (Ltd) |
21. | Maritime Business Institute |
22. | MARS Business Consulting |
23. | MATEPE INVESTMENTS (PTY) LTD |
24. | Morar Incorporated - KZN |
25. | Mortarboard Training Solutions |
26. | MTK Corporate Solutions |
27. | Ndwamato Training Solutions (Pty) Ltd |
28. | Nemalale Eagles Consultancy CC |
29. | Pachedu Skills Solutions |
30. | Pachi Global Foundation |
31. | Pebetse Training and Consulting |
32. | Petra Institute of Development |
33. | PFIM Trading (Pty) Ltd |
34. | PMA Holdings (PTY ) LTD. |
35. | Progressive School of Business and Engineering (Pty) |
36. | PTDEV (Pty) Ltd |
37. | Reflections Development Institute |
38. | Regent Business School (Pty) Ltd t/a Regent Business School |
39. | Resonance Institue of Learning |
40. | Silalele Consulting CC. |
41. | Siletha Consultant |
42. | Siza Nesu Training and Consultants |
43. | South African Corporate Training Association |
44. | Tachfin Holdings |
45. | Tasc Business Consulting and Training |
46. | Tloumogale Business Development & Consulting |
47. | Transafric Consulting Pty Ltd |
48. | Tshepang Consulting & Project |
49. | Umqondo Consultancy |
50. | UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD |
51. | University of Pretoria |
52. | University of Venda |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |