TROY UNIVERSITY MASTER SYLLABUS SORRELL COLLEGE OF BUSINESS EMBA 6640 Quantitative Analysis for Managers Prerequisites EMBA 5501. Description This course provides an in-depth study of the fundamental theories, concepts, and principles of statistics. Coursework will include extensive use and application of statistical tools to analyzing business data using statistics software. Topics covered include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, ANOVA and regression analysis. Objectives On completion of the course, the student should be able to: 1. Compute descriptive statistics from business data. 2. Describe common discrete and continuous probability distributions, and compute probabilities for the various distributions. 3. Sample correctly and appropriately. 4. Estimate statistical parameters correctly. 5. Apply statistical hypothesis-testing procedures to business data. 6. Apply simple- and multiple-regression and forecasting techniques to business data. 7. Use statistical software to analyze business data. 8. Interpret results of statistical analyses and apply them to business decision-making. Purpose To provide the statistical and computing tools necessary for managers’ analysis of business data and business decision-making. MBA unspecified elective (non-Accounting). Approved Texts Albright, S. C., Winston, W. L., & Zappe, C. (2006 or current). Data analysis and decision making with Microsoft Excel (3rd ed.). Mason, OH: Thomson/South-Western. Hildebrand, D., Ott, R. L., & Gray, J. B. (2005 or current). Basic statistical ideas for managers (2nd ed.). Mason, OH: Thomson/South-Western. Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook. The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance. 1 August 2005 Master Syllabus: QM 6640 2 Levine, D. M., Stephan, D., Krehbiel, T. C., & Berenson, M. L. (2005 or current). Statistics for managers using Microsoft Excel (4th ed.). Upper Saddle River, NJ: Prentice Hall. Render, B., Stair, R. M., & Hanna, M. E. (2006 or current). Quantitative analysis for management (9th ed.). Upper Saddle River, NJ: Prentice Hall. Supplements Good, P. I., & Hardin, J. W. (2003). Common errors in statistics: And how to avoid them (1st ed.). Hoboken, NJ: Wiley. Van Belle, G. (2002). Statistical rules of thumb (1st ed.). Hoboken, NJ: Wiley. Troy State University Faculty Handbook (2001): Section 3.8.2.8 [extract]—22 essential elements of the syllabus (somewhat modified for space): a. b. c. d. e. f. g. Course title Course number Term Instructor Prerequisites Office hours Class days, times h. i. j. k. Classroom location n. Grading methods, Office location criterion weights, Office telephone make-up policy, Course description, mid-term grade objectives reports l. Text(s) o. Procedure, course m. Other materials requirements p. General supports r. Additional services u. Cheating policy (computer works, (Americans with v. Specialization writing center) Disabilities Act, requirements q. Daily assignments, other statements) (certification, holidays, add/drop s. Absence policy licensure, teacher & open dates, dead t. Incomplete-work competencies) day, final exam policy