In this task, you will analyse statistical data, correct data errors and produce reports of the analysis on each of the three separate occasions you preformed Workplace Assessment Task 1.

1. Access and review the following documents/information:

• Financial Services Work Outcome Report prepared in Workplace Assessment Task 1
• Data Interpretation Report prepared in Workplace Assessment Task 2
• Industry statistical data standards
• Organisational information:
  • Financial requirements
  • Financial priorities
  • Statistical data standards
  • Data filing and storing requirements
  • Security requirements to store data records
• Tools and techniques used to correct data errors
• Formats of financial reports

On each of the three separate occasions you performed in Workplace Assessment Task 1:

1. Identify two organisational statistical standards
2. Analyse the statistical data (including the diagram, graph, table) collected for the identified financial services work outcome and:

• Explain whether they are according to organisational standards and priorities
• Identify two errors in the statistical data

1. Apply two tools and two techniques to correct data errors.

Choose from the selected statistical tools and techniques from Workplace Assessment Task 1.

1. Confirm if the analysis is accurate and consistent with industry and organisational standards.
2. Complete a Statistical Data Analysis Report using the above information.

Use your organisation's template for statistical data analysis. You may also use the Statistical Data Analysis Report template provided along with this workbook.

1. File and store records using digital tools to meet organisational security requirements.

You will be assessed on:

• Practical knowledge of statistical methods
• Practical skills in analysing statistical data

Before starting this task, review the Workplace Assessment Task 3 - Assessor's Checklistprovided along with this workbook. This form lists the criteria your submission must address to complete this task satisfactorily.

Your assessor will also:

• Organise workplace resources required for you to complete this assessment.
• Discuss with you the requirements listed in the Assessor's Checklist prior to the assessment.
• Address your queries and concerns regarding this task.

After completing this task, submit the following to your assessor:

• Statistical Data Analysis Report
• Evidence of filing and storing records
• Supplementary evidence of documents/information used to complete this task, including:
  • Industry statistical data standard
  • Organisational information:
    • Financial requirements
    • Financial priorities
    • Statistical data standards
    • Data filing and storing requirements
    • Security requirements to store data records
  • Tools and techniques used to correct data errors
  • Formats of financial reports