BADM205 BUSINESS STATISTICS – Summer II, 2008  Dr. Silver 

Office:   Bond Hall 358     TEL: 953-5163      Home: 766-9943

Office Hours:  Mon - Thur 12:30 – 1, Tues & Thur 5-5:45 or by appt.

 

COURSE SYLLABUS

  

1.         COURSE DESCRIPTION:  The student examines the application of statistical analysis to business situations.  Descriptive and inferential statistics, probability and random variables, and sampling and statistical forecasting are included.

 

2.         INCOMING COMPETENCY OF STUDENT EXPECTED BY INSTRUCTOR:

            Ability to work with simple algebraic formulas and concepts. All students MUST have completed MATH 105.

 

3.         COURSE STATEMENT OF OBJECTIVES:

 

            a.         Demonstrate the application of statistical theory to practical business situations and data. 

            b.         Develop skills in statistical analysis and interpretation of business data. 

            c.         Develop insight into the selection and application of statistical tests and methods appropriate to a broad scope of business issues. 

            d.         Integrate personal computers and statistical programs into the solution of problems and statistical tests.

                   

4.                  SCHEDULE:  

 

Dates

Topics and Chapters

Homework

Jun 30-Jul 2

Introduction, graphical descriptions of data, numerical descriptive measures (Chaps. 1-2).

Ch 2: 2,4,8,16,20, 27, 29, 30, 57, 64

3, 7

Probability (Chap. 3), Review for test 1

Ch. 3: 3, 5, 13,19, 31, 48, 64, 86

8

       TEST I Chapters 1 - 3

 

9, 14, 15

Random variables, the binomial and Poisson distributions, the normal and uniform distributions (Chap. 4)

Ch. 4: 12, 13, 14, 29, 41, 48, 89, 55, 58, 62, 69, 114

16, 17

Sampling and sample distribution, inferences based on a single sample: Estimation (Chap. 5); Tests of Hypotheses (6.1-6.5), Review for Test 2

Ch 5: 4, 10, 19, 33; Ch 6: 24, 27, 50, 62, 82, 89; Ch 6: 24, 27, 50, 62, 82, 89

21

       TEST II Chapters 4 - 6

 

22-24

Inferences about means of two or more populations (7.1, 2, 4, 7), comparing population proportions, contingency tables (8.1, 3, 4)

- Ch. 7: 9, 14, 20, 101, 110; Ch. 8: 8, 11, 14, 33, 40, 45, 55, 64

28, 29

Regression analysis, least squares method, correlation coefficient (Chap. 9). Multiple regression model (Chap. 10). Project II. Ch. 10 Condo Sale Case, page 634 or below

Ch 9: 10, 19, 34, 61;

Ch.10: 43

30

TEST III Chapters 7-9 (No final exam)

 Turn in Project II

5.         TEXT: A First Course in Business Statistics, (Latest Edition) James T. McClave and P. George Benson, MacMillan (New York).

 

6.         SUPPLEMENTAL READINGS:    

            Student Solutions Manual and Study Guide for the textbook (optional, if available).

 

7.         VISUAL AIDS:         NONE

 

8.         GRADING POLICY:

 

Item

% of final grade

Test 1

25

Test 2

25

Test 3

25

Computer homework problem

5

Project 1

10

Project 2

10

 

           

In addition to the three tests and the exam, I will give (ungraded) quizzes, a computer homework assignment, and two short projects.  The homework and projects will be completed by the students using Excel.

 

Approximate Timeline of Events

 

Class

Tests, HW, Projects due

Handouts

1

 

Computer HW

2

Quiz 1,

Project 1

3

Quiz 2, Computer HW

Practice Test 1

4

Review PT 1

 

5

 Test I

 

6

 

Test I returned 

7

Quiz 3

 

8

Quiz 4, Project I 

Practice Test 2 

9

Review PT 2 

 

10

Test 2 

 

11

 

Test II returned

12

Quiz 5

 

13

Quiz 6

Practice Test 3 

14

Review PT 3, Project II

Condo Case

Project 2 practice

15

Test 3

 

 

Statistical Tables:        

Binomial Tables  

Normal Table

Poisson Table

T-Table

χ2 Table

F-Tables

 

 

Webster students click HERE for syllabus