QBA 260 – Business Statistics
Section 001 (CRN: 12183) 11:00 – 12:15 TR
Section 002 (CRN: 12240) 2:00 – 3:15 TR
UCB 104 (Computer Lab)
University of Hawaii at Hlo
Instructor:
Dr. Kimberly Furumo
furumo@hawaii.edu
Office: K-243, 932-7239
Office Hours: Tuesdays and Thursdays 12:30 – 2:00 pm and 3:30 – 5:00 pm, and by
appointment
Course Description:
This course is designed to provide you with a familiarity of the scope and application of
statistical analysis. Topics include the following basic statistical techniques: descriptive
measures, elementary probability, sampling, estimation and testing, regression, correlation,
and analysis of variance. Examples are drawn from business and economics. Students will
learn to use Microsoft Excel© to perform analyses of data. The emphasis is on business
applications rather than rigorous mathematics.
Course Learning Outcomes:
Upon completing the course, the successful student will be able to:
 Explain the concepts and statistical techniques used to analyze business data.
 Use the essential tools of applied statistics, including data analysis, basic probability,
probability models (distributions), sampling theory, confidence interval estimation,
hypothesis testing, analysis of variance, regression and correlation.
 Apply statistical methodology properly.
 Use statistical analysis as decision support in business.
 Understand the complex, dynamic, and multidimensional issues and perspectives
involved in statistical analyses of business situations.
 Employ critical thinking and independent problem-solving skills to business problems.
 Communicate clearly the results of a statistical analysis.
Course Policies:
Course Expectations
Students are expected to participate actively in their learning by attending all course
sessions and reading textbook materials prior to discussion in class. I will not re-teach
material covered in class during office hours or scheduled appointments. Please do not
email me and ask if you “missed anything important”. I like to think that I offer a service
that is always important to students.
Academic Dishonesty Policy
Academic dishonesty includes representing the work of another as one's own or cheating
by any means. Academic dishonesty also includes aiding, abetting, concealing, or
attempting such activity. Students must work independently on all on-line quizzes and
tests in this course. The usual penalty is an F in the course and disciplinary action by the
University.
Documented Disabilities
Any student with a documented disability who would like to request accommodations
should contact the University Disability Services Office - Hale Kauanoe A Wing Lounge,
933-0816 (V), 933-3334 (TTY), shirachi@hawaii.edu - as early in the semester as
possible.
Kilohana: The Academic Success Center
The center provides academic support opportunities for all UH Hilo students that foster
their development into independent, self-motivated learners. Students who visit Kilohana
have access to subject-specific and academic skills tutoring from UHH students selected
for their academic achievement and dedication to helping others succeed. Kilohana is
located on the lower level of the Mookini Library and on the web at
http://hilo.hawaii.edu/kilohana/
Textbook:
Students are required to purchase the textbook and course tool (Connect Plus) to complete
this course. Lind, Marchal, & Wathen, Basic Statistics for Business and Economics, 8th
edition, McGraw Hill, and the Connect Plus online homework tool can be purchased on-line
with a credit or debit card at:
http://connect.mheducation.com/class/k-furumo-qba-260---spring-2015-1
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Cost of on-line Textbook and the Connect Plus homework tool = $130
Cost of Connect Plus homework tool (no book) = $71.50
Cost of hardcopy book and Connect Plus tool (from Bookstore) = $179
Instructional Method:
Students are expected to read the textbook material prior to coverage in class. Your
textbook provides several options to help you understand concepts. After reading the
chapter, you are encouraged to visit the textbook resources site at
http://www.mhhe.com/lindbasic8e (video instructions are linked at Laulima—click
Resources—Textbook—Accessing Narrated Power Points). Class time will be used to
reinforce concepts, answer questions, and complete mathematical problems that will
test your understanding of the material. Students will be required to complete
homework assignments and develop models using Microsoft EXCEL. Students may
use the computers in the classroom lab or bring their laptops to class. EXCEL will be
taught using the Windows operating environment provided on the class computers.
Course Grading:
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On-line homework = 20%
In-class Unit Tests (4 @ 15% each) = 60%
In-class Final Exam = 20%
Homework
Homework assignments will be completed using the online course tool called
CONNECT Plus. Homework assignments are not timed; however, students must have
them completed and submitted by the due date. Total scores for late assignments will
be reduced by 10% per day.
Tests
Four, in-class, tests will be given. Tests will consist of multiple choice questions but
require that students complete mathematical problems to obtain correct answers.
Students may use hand written notes, calculators and Excel during the tests; however,
no use of the Internet will be allowed and access to the online textbook will not be
permitted. Students will have one class period to complete each Unit Test. Cell
phones will be collected before the test is administered. Students will be allowed to
collect their cell phones upon completion of the Unit Test
Final Exam
The final exam will consist of multiple choice questions but require that students
complete mathematical problems to obtain correct answers. Students may use hand
written notes, calculators and Excel during the tests; however, no use of the Internet
will be allowed and access to the online textbook will not be permitted. Cell phones will
be collected before the test is administered. Students will be allowed to collect their
cell phones upon completion of the Unit Test.
Grading Scale:
The following grade scale will be used for this course. Please keep in mind that students earn
their grades while faculty simply report and record them. Grade cutoffs are necessary and
the following grading scale is firm.
Grade
Percentage
A
92% - 100%
A-
90% - 91.99%
B+
88% - 89.99%
B
82% - 87.99%
B-
80% - 81.99%
C+
78% - 79.99%
C
72% - 77.99%
C-
70% - 71.99%
D
60% - 69.99%
F
< 60%
For example, if your course average is an 81.99% you have earned a B- in the course. If your
average is an 82% (.01% higher than the 81.99%) you have earned a B in the course.
Students earning the 81.99% will generally feel that the grading scale is “unfair” while
students earning the 82% will see the grading scale as “very fair”. However, this is the scale
and I will not make exceptions in final grades. Therefore, keep in mind that questions (such
as those that follow) will not be effective in changing my mind.
 “My attendance was perfect; can you make an exception this once?”
 “Is there any extra credit I can do to raise my grade?”
 “I am going to lose my financial aid; can you make an exception in this case?”
Planned Schedule (subject to change):
Week
Beginning:
Jan 13
Course Content and
Requirements
Chapter 1: What is Statistics
Jan 15
Chapter 2: Describing Data:
Tables, Frequencies, etc.
Chapter 3: Describing Data:
Numerical Measures
Jan 20 & 22
Jan 27
TEST 1 (Ch’s 1 – 3)
Jan 29
Chapter 4: Describing Data:
Displaying & Exploring Data
Chapter 5: Probability
Concepts
Feb 3 & 5
Homework
Due Dates
HW: Ch’s 1& 2
Due Jan 26
Test
Dates
HW: Ch 3
Due Jan 26
HW: Ch 4
Due Feb 1
HW: Ch 5
Due Feb 8
Test 1:
Jan 27
Feb 10 & 12
Feb 17
Feb 19
Feb 24
Feb 26
Chapter 6: Discrete Probability
Distributions
Concepts
TEST 2 (Ch’s 4 – 6)
Chapter 7: Continuous
Probability Distributions
Chapter 7: Continuous
Probability Distributions
HW: Ch 6
Due Feb 16
Test 2:
Feb 17
HW: Ch 7
Due Mar 1
Chapter 8: Sampling Methods
and Central Limit Theorem
Mar 3 & 5
Chapter 9: Estimation and
Confidence Intervals
HW: Ch’s 8 & 9
Due Mar 11
Mar 10
Chapter 9: Estimation and
Confidence Intervals
HW: Ch’s 8 & 9
Due Mar 11
Mar 12
Mar 17 & 19
TEST 3 (Ch’s 7 – 9)
Chapter 10: One-Sample
Hypothesis Testing
March 23 – 27 Spring Break
Chapter 10: One-Sample
Mar 31
Hypothesis Testing
HW: Ch 10
Due April 5
Chapter 11: Two-Sample
Hypothesis Testing
Chapter 11: Two-Sample
Hypothesis Testing
HW: Ch 11
Due April 9
TEST 4 (Ch’s 10 & 11)
Chapter 12 – Analysis of
Variance
HW: Ch 12
Due April 19
Apr 2
Apr 7 & 9
Apr 14
Apr 16
Apr 21 & 23
Apr 28 & 30
Chapter 13: Linear Regression
and Correlation
Chapter 13: Linear Regression
and Correlation
HW: Ch 13
Due May 3
Chapter 14: Multiple
Regression and Correlation
Analysis
May 5
Test 3:
Mar 12
Chapter 14: Multiple
Regression and Correlation
HW: Ch 14
Due May 5
Test 4:
Apr 9
Analysis
Final Exam (Ch’s 12 – 14)
Section 001: Thursday, May 14th, 9:40 – 11:40am
Section 002: Tuesday, May 12th, 2:00 – 4:00pm