BUSINESS STATISTICS

BUSINESS STATISTICS

MATERIALS

Statistics For Managers Using Microsoft Excel

Author: Levine, Stephan, Szabat Publisher: Pearson Edition: Please Use Most Recent Edition
Statistics for Managers Using Microsoft Excel

Author: Levine, Stephan, Szabat Publisher: Pearson Edition: 7th
ISBN: 9780133061819

Activities
Weekly activities will include readings, online lecture and exercise solution material, statistical exercises (homework), and online discussions of statistical concepts.
You may use MS Excel/PHStat2 to complete all statistical exercises. You are also expected to participate substantive in the discussions.
Each week, you will have to complete and submit the following:
There will be weekly homework assignments available from MyStatLab.
Each week, except for the midterm and final weeks, you will be assigned homework

problems from MyStatLab. These problems will be comprised of conceptual exercises similar to the textbook/practice exercises. Each homework assignment may be completed using Microsoft Excel/PHStat2. You are allowed three attempt to complete the weekly homework problems (counting only the highest grade)
There will be weekly quizzes based on homework problems from MyStatLab.
Each week, except for the midterm and final weeks, you will be assigned a quiz (available through MyStatLab).  Your weekly quizzes are similar to the weekly homework/exercise problems. Quiz problems may be solved using Excel/PHStat2. Since your quizzes are time-based you MUST complete your homework problems BEFORE you begin your quiz. You will be allotted one hour to complete each quiz. You are allowed multiple attempts to complete the weekly quizzes (counting only the highest grade). Each quiz must be completed before midnight (Central Standard Time zone) on the specified date. It is important that you have previously completed your homework assignments before attempting the quizzes. If you have specific questions about a homework problem before you take the weekly quiz, I will be glad to assist you.
During this semester, you will take two exams; Midterm and Final.
There will be a midterm examination in week 4 (available from MyStatLab), covering all material from weeks 1, 2 and 3.

DELIVERABLES
EVALUATION

The midterm exam will be based on the homework and quizzes in MSL. The midterm exam is automatically graded. You will be allotted four hours to complete the midterm exam. You are allowed multiple
attempt to complete the midterm exam (counting only the highest grade). Your midterm exam must be completed before midnight (Central Standard Time zone) on the specified date.
There will be a final examination in week 9, covering all material from weeks 5 through 8 (available from MyStatLab).
The final exam will be based on the homework and quizzes in MSL. The final exam is automatically graded. You will be allotted four hours to complete the final exam. You are allowed multiple
attempts to complete the final exam (counting only the highest grade). Your final exam must be completed before midnight (Central Standard Time zone) on the specified date.
Note on grading online quizzes/exams/homework
When you complete your quizzes/exams and homework, they are “auto-graded” by MyStatLab. Sometimes, the auto-grader will not accurately award you full credit for your answer due to system constraints (such as rounding, etc.). For example, if the auto-grader is expecting the value of 42.15 as your answer and you supply 42.149, the auto-grader might count your answer as incorrect. Each quiz/exam is re-graded by your instructor to give you credit when the auto-grader does not correctly grade a question.
Your instructor is aware of this situation and will re-grade each quiz/exam. Please let me know if I missed an assignment that was graded incorrect by MSL.
Statistics for Managers Using Microsoft Excel

Author: Levine, Stephan, Szabat Publisher: Pearson Edition: 7th ISBN: 9780133061819

Your course grade will be based on your scores on your examinations, quizzes, homework and your contributions to class discussions.

at www.pearsonhigher.com/levine). PHStat2 is used as an aid to complete the supporting documentation used to complete your quizzes and assessments. 2. General knowledge of quantitative studies. BUSN 5760 is clearly a course deeply rooted in quantitative analysis. If you experience difficulties in general with quantitative courses which are an integral portion of all MBA programs, then you may require extra effort in this course.

Week Topics

Chapters in Text

1 INTRODUCTION AND DESCRIPTIVE

STATISTICS:
Basic Terminology, Descriptive Statistics, Charts and Graphs

1 – 3

2 DISCRETE PROBABILITY DISTRIBUTIONS AND NORMAL

PROBABILITY:
Expected Value, Binomial Probability, Normal Probability

4 – 6

3 SAMPLING DISTRIBUTIONS, ESTIMATION:
Central Limit Theorem, Confidence Intervals for Means and Proportions, Sample Size,

Sampling

7 – 8

4 MIDTERM EXAM

5 HYPOTHESIS TESTING FOR ONE

SAMPLE:
One Sample Hypothesis Testing for Means and Proportions

9

6 HYPOTHESIS TESTING FOR 2+

SAMPLES:
Two Sample Hypothesis Testing for Means and Proportions, Analysis of Variance

10 – 11

7 HYPOTHESIS TESTS OF RELATIONSHIPS:

Correlation, Simple Linear Regression, Chi Square Test of Independence

12 – 13

8 MULTIVARIATE MODELING:

Multiple Linear Regression, Time Series Analysis with Smoothing and Seasonality

14,  16

9 FINAL EXAM