TROY UNIVERSITY
MASTER SYLLABUS
SORRELL COLLEGE OF BUSINESS
QM 6640
Statistical Analysis for Managers
Prerequisites
BUS 5505 or equivalent.
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.
Prerequisite: BUS 5505 or equivalent.
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.
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.
Doane, D. & Seward, L. (2008 or current). Applied statistics in business and economics with
student CD. McGraw-Hill.
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
Hildebrand, D., Ott, R. L., & Gray, J. B. (2005 or current). Basic statistical ideas for managers
(2nd ed.). Mason, OH: Thomson/South-Western.
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.
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