University of South Dakota - Beacom School of Business BADM 220 U16 – Business Statistics I - Fall 2023 (3 Credits) Instructor: Tom Martin Office Hours: M/W/F 9:15-9:45, 11:00-11:45 Class Website: http://d2l.sdbor.edu/ Office: Business School 212 Office Phone: (605) 658-6555 E-mail: tom.martin@usd.edu Catalog Course Description - Business Statistics introduces students to basic statistical methods. Topics, with computer applications, include: descriptive statistics, probability, distributions, sampling, estimation and index numbers with emphasis on applications in business and economics. Prerequisite: College Algebra (MATH114) or similar class including MATH 115 (Pre-Calculus), MATH 120 (Trigonometry), MATH 121 (Survey of Calculus—Business Calculus), MATH 123 (Calculus I), or MATH 125 (Calculus II). Textbook: The required text for this class is Statistics for Business and Economics (13th edition) by David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, and James J. Cochran (SouthWestern Cengage Learning, 2016) ISBN: 9781305856790 or 1305856791. This text will also be used for those who advance to BADM 321, Business Statistics II (so keep your book). The online access code is not needed. However, do NOT purchase the international edition! Important Drop Dates - The last day to drop a class with a full refund and without having the class recorded on your academic record is Aug. 31. The last day to drop a class with a grade of “WD” is Nov. 3. The instructor of a course may drop a student for non-attendance or non-participation provided the student is in violation of the official attendance policy or participation policy of the course. Instructor initiated drops are at the instructor's option, but they must be submitted to the Registrar's Office by Nov. 3 and be approved by the dean of the college or school in which the course is offered. The student is notified by the Registrar's Office that he/she has been dropped from the course. The grade assigned is in accord with the drop policy for student-initiated drops. Beacom School of Business Mission Statement - Our primary mission is excellence in undergraduate and graduate education that develops successful future business leaders. We deliver high value to our students, employers and community through distinctive teaching and learning supported by significant intellectual and professional contributions and meaningful service. Instructional Methods/Activities - This course is presented in D2L. Students access the course web site using the URL: http://d2l.sdbor.edu. If you have not used D2L before, the Online Student Handbook is available on USD’s website at Handbook. Once you successfully log into D2L, you will see a list of course links including one titled “BADM 220 – Business Statistics I.” Simply click on that link and the home page for the course will appear on your screen. Students will have access to many tools to assist in learning the material during the course including lecture slides, homework problems and answers, and review material. Class Format - The purpose of the problems and models are to familiarize you with statistics problem solving techniques using Microsoft Excel. We will spend some time through the lectures dealing with problem examples/solutions and assigned readings. It is imperative that you work through the examples and problems as we proceed through the material as each class will build upon the knowledge and skills developed in the prior class. Most students enroll in this class either having little experience in the use of Microsoft Excel and/or the concepts of statistics. Some of you will have to work a little harder at the beginning to overcome any areas of limited exposure. BADM 220 Learning Objectives and Related Assessment: Objective Observe the uses for statistical tools in business and identify data and data sources in practical settings Identify and utilize tools for qualitative and categorical Assessment All Assignments and Exams Chapter 1 Homework, Chapter 2 Homework, Exam data Learn basic statistical tools (descriptive statistics) for data sets and associations between two variables Project Identify and compute various indexes Define and solve probabilities, both discrete and continuous Observe various sampling methods and calculate expected values Gain a basic understanding of Microsoft Excel and its application to statistical needs in business. 1, Final Exam Chapter 2 Homework, Exam 1, Final Exam Chapter 20 Homework, Exam 2, Final Exam Chapter 4 Homework, Chapter 5 Homework, Chapter 6 Homework, Exam 2, Final Exam Chapter 7 Homework, Final Exam All Assignments and Exams BADM 220 Course Assessment Points Exam 1 100 Exam 2 100 Exam 3 (Final) 120 Syllabus Quiz 10 Quizzes & Homework 150 Professionalism & Participation 20 Total 500 Grades will be based on no more than the percentage of points earned on the following scale: >90% = A 80-89.9% = B 70-79.9% = C 60-69.9% = D < 60% = F Homework policy - I will normally return homework to you within two days or sooner of when it is due. I will also accept late homework for up to four days past the due date, but the late penalty will be as follows: Days Late 1 2 3 4 Percentage Deduction 20% 40% 60% 80% Professionalism and Participation - All of you are training to become business professionals. We are modelling professional behavior in our course. Professionalism is based on your interaction with your instructor, your classmates and the University of South Dakota personnel. Any unprofessional behavior will result in the loss of professionalism and participation points. In unusual cases, the deductions may be greater than the professionalism and participation point allocation. Communicating With Your Instructor When you send an email, I will normally respond within a few hours during the week and within 48 hours over the weekend and holidays. If you do not receive a reply from me within this timeframe, double check the email address. I am normally very responsive to emails/questions. The way you format email messages is important. Your education should prepare you to succeed in your career, and a significant part of your education should be practicing how to communicate clearly and professionally. Write grammatically correct sentences in accordance with Standard English usage. Format your emails as if you were addressing your supervisor in a professional environment. Email messages should include a professional greeting (e.g., “Hello Professor Martin,” or “Hi Mr. Martin,”) and a proper closing (e.g., “Best regards, Chris Smith” or “Thanks, Chris Smith”). Your instructor will respond to messages that are not professional and respectful with a recommendation to reformat your message before you receive a response to your request (e.g., starting your message with “Hey” or “Dude” is unacceptable, as is ending it with “Later,” or acronyms, e.g. “TTFN,”). This is a requirement because you need to practice good habits to be a successful professional. An awareness of the difference between how you communicate with friends versus how you communicate with superiors/professors/supervisors/etc. is an important byproduct of your education. Failure to follow these guidelines will result in a reduction of your professionalism and participation points. Exit Exam Assessment Note: The material presented in this course is part of the common body of knowledge for this discipline. Mastering the information presented in this course lays the foundation for your future success as a knowledgeable, well-rounded business professional. The course is designed to encourage you to commit this valuable information to your long-term memory. In addition to demonstrating mastery of this information throughout the course, you will also be required to demonstrate your retention of this critical common body of knowledge by achieving a satisfactory score on the Beacom School of Business’s exit exam which is part of BADM 482 Business Policy and Strategy. Achieving a satisfactory score on the exit exam is a graduation requirement. This applies to all Business majors (BBA programs). Exams - Exams will consist of two sections. The first half is a random selection of multiple-choice questions and the second is an Excel spreadsheet with problems similar to those we do in class. Test questions are based on the material presented in the textbook. The final exam is comprehensive. All material assigned and presented is eligible for testing on exams. They are closed book/closed note. The multiple-choice section of examinations are digital and are graded as soon as you submit them. The Excel portion will take longer to return since I must grade each one individually. You are not permitted to use any materials other than an approved business/scientific calculator for these examinations. In addition you may use the provided formula sheet as scratch paper as necessary to work problems. You must notify the instructor prior to an examination if you cannot take the exam during the scheduled time. Make-up exams are given on a documented emergency basis only. Absent emergencies or similar circumstances, failure to give prior notice of your absence will result in a zero for that exam. Quizzes - Quizzes are online through D2L and will be similar to exam questions. There will be quiz questions associated with each exam section (i.e. Quiz 1 covers Exam 1 Chapters 1-3). Quizzes will pull random questions from a test bank, so no two will be exactly the same. They do not need to be proctored. They will need to be completed during the assigned dates or the student will receive zero points. No exceptions for “I didn’t realize the deadline was…” or “I forgot to take the quiz, could you open it up again?” Time Expectations - Some students may find it easy to procrastinate with their studies. It is expected that each student will spend a minimum of 9-15 hours per week on this course, depending on the chapter. The South Dakota Board of Regents (SDBOR) defines a credit hour as constituting one hour of classroom or direct faculty instruction, and two hours of out-of-class, student work. You need to participate each week by attending class, reading, and doing the activities/assignments. You cannot catch up by “cramming” all the lecture notes the day before the exam. Course Policies Attendance Policy – The following modification of the Beacom School of Business attendance policy will be enforced. The policy is NOT FLEXIBLE as it is much more lenient than the “real” business world. 1. Class attendance will be taken at the beginning of each class period. If you arrive after I have taken roll it is your responsibility to make sure that I know you were in class that day. Three late arrivals to class is equivalent to an unexcused absence. 2. There will be a CLEAR distinction between excused and unexcused absences. Excused absences include a University-sponsored activity (with at least two days’ notice), a documented illness, a family emergency, etc. Absences are only excused if proper notice is given PRIOR to class. If you have an emergency, email me prior to 10:00 on class days. An email after class begins counts as unexcused. 3. There is no penalty for ONE unexcused absence. The final course grade will be reduced 2% for EACH subsequent unexcused absence. 4. Any student with more than THREE unexcused absences may be dropped from the course if no plan is made to correct attendance issues. Students will be notified in writing before being dropped. Disruptive Behavior – Disruptive behavior will not be tolerated in my class, no more than it would be in the business workplace. I expect professional conduct. This includes but is not limited to side conversations/computer usage not related to a course assignment/discussion, or ANY use of cell phones during class time that is not related to a health or public safety emergency. You will receive exactly one warning. A second infraction will result in a recorded UNEXCUSED absence for that class period. After that you will be required to leave the classroom. Freedom in Learning Under Board of Regents and Regental Institutions policy, student academic performance may be evaluated solely on an academic basis, not on opinions or conduct in matters unrelated to academic standards. Discussion and debate are critical to education and professional development. Students should be free to take reasoned exception to the data or views offered in any course of study and to reserve judgment about matters of opinion, but they are responsible for learning the content of any course of study for which they are enrolled. While the exploration of controversial topics may be an important component of meeting the student learning outcomes in a course, no student will be compelled or directed to personally affirm, adopt, or adhere to any divisive concepts (as defined in SDCL 13-1-67). Students who believe that an academic evaluation reflects prejudiced or capricious consideration of student opinions or conduct unrelated to academic standards should contact their home institution to initiate a review of the evaluation. Academic Integrity Cheating and other forms of academic dishonesty and misconduct run contrary to the purposes of higher education and will not be tolerated. Academic dishonesty includes, but is not limited to, plagiarism, copying answers or work done by another student (either on an exam or an assignment), allowing another student to copy from you, and using unauthorized materials during an exam. The governing Board of Regents policies can be found in BOR Policy 2:33 and BOR Policy 3:4. No credit can be given for a dishonest assignment. A student found to have engaged in any form of academic dishonesty may, at the discretion of the instructor, be: a. Given a zero for that assignment. b. Allowed to rewrite and resubmit the assignment for credit. c. Assigned a reduced grade for the course. d. Dropped from the course. e. Failed in the course. Student Code of Ethics Students enrolled at the Beacom School of Business are expected to maintain the highest standards of integrity and ethical principles and to adhere to the Student Code of Ethics developed and approved by Beacom School of Business students. This Code provides a frame of reference for the behavior of Beacom School of Business students in their personal, academic, and professional activities. B - Behave in a professional and exemplary manner. Contribute to the success of others and demonstrate gratitude for the contributions from others. Be fair and objective in the evaluation of administrators, faculty, staff, and fellow students. Foster a positive learning environment for all individuals by not tolerating disparaging comments, discrimination, or harassment. E - Enhance an atmosphere of mutual respect among all members of the school community. Show respect to classmates, administration, staff, and faculty. Strive to set a standard of professional behavior in the academic and professional aspects of my life, in and outside of the classroom. Respect our college facility by maintaining a safe, clean, and professional learning environment. Attend all class sessions fully prepared and ready to participate, dress appropriately, and refrain from class disturbances which impede the learning of others, including the unjust or unauthorized use of cell phones, calculators, and other electronic devices. A - Accept responsibility for one’s own learning and encourage the learning of others. Recognize that learning is a lifelong process. Practice principles of continuous improvement in academics, interactions with others, and professional goals. Commit to the ongoing pursuit of intellectual and personal development for yourself and peers. C - Cultivate community and teamwork by respecting the views of others. Treat fellow students, faculty, staff, and administration fairly and remember that personal variations among people enrich us and society. Discourage prejudices while striving to learn from the differences in the cultures, ideas, experiences, and opinions of others. Respect the dignity of all others. Recognize the responsibility to participate in community-benefitting activities. O - Own and acknowledge failure just as we celebrate success. Protect the spirit of the Code of Ethics by encouraging others to uphold its tenets and intervening with those who violate its principles. Accept responsibility for decisions, actions, and inactions, as well as the consequences associated with each. Strive to hold both personal integrity and honesty in the highest regard. M - Maintain an attitude of leadership, scholarship, responsibility, and accountability. Avoid seeking unfair advantage over other students, including but not limited to giving or receiving unauthorized aid during completion of academic requirements. Refrain from academic dishonesty, which includes submitting fraudulent work, giving or receiving unauthorized assistance, tampering with the credibility of information, cheating on exams or similar measures of performance, or any other suspect behavior. ADA Statement The University of South Dakota strives to ensure that physical resources, as well as information and communication technologies, are reasonably accessible to users to provide equal access to all. If you encounter any accessibility issues, you are encouraged to immediately contact the instructor of the course and the Office of Disability Services, which will work to resolve the issue as quickly as possible. Any student who feels s/he may need academic accommodations or access accommodations based on the impact of a documented disability should contact and register with Disability Services during the first week of class or as soon as possible after the diagnosis of a disability. Disability Services is the official office to assist students through the process of disability verification and coordination of appropriate and reasonable accommodations. Students currently registered with Disability Services must obtain a new accommodation memo each semester. Please note: if your home institution is not the institution you are enrolled at for a course (host institution), then you should contact your home institution’s Office of Disability services. The disability services at the home and host institution will work together to ensure your request is evaluated and responded. Disability Services, The Commons Room 116 (605) 6583745 Web Site: https://www.usd.edu/About/Departments-Offices-and-Resources/Disability- Services Email: disabilityservices@usd.edu Acceptable Use of Technology Acceptable Use of Information Technology Resources: While Regental Institutions strive to provide access to computer labs and other technology, it is the student’s responsibility to ensure adequate access to the technology required for a course. This may include access to a computer (not Chromebooks, iPads, etc.), webcam, internet, adequate bandwidth, etc. While utilizing any of the information technology systems students, faculty and staff should observe all relevant laws, regulations, BOR Policy 7.1, and any institutional procedural requirements. Emergency Alert Communication In the event of an emergency arising on campus under BOR Policy 7:3, USD will notify the campus community via the Everbridge emergency alert system. It is the responsibility of the student to ensure that their information is updated in the emergency alert system. The student’s cell phone will be automatically inserted if available and if not, their email address is loaded. Students can at any time update their information in the student alert system. Grade Appeal Policy Under Board of Regents (Student Appeals for Academic Affairs Policy 2:9) and University policy (Student Academic Appeals), students have the right to appeal such matters as course grades and dismissal from a program. Students wishing to appeal an academic decision must use the appropriate appeal form. The form should be used only if informal discussion with the academic decision-maker does not produce a satisfactory resolution and the student wishes to pursue the matter further. Appeals must be initiated by the student through discussion with the individual responsible for the decision (i.e., the academic decision-maker/instructor) to question the decision and explain the basis for doing so. The student must have this discussion within 30 calendar days of being notified of the decision that is being appealed. If notification occurs within 15 calendar days before the end of a term, the discussion must occur at the latest within 15 calendar days of the start of the next term. If a student wishes to pursue the appeal following the discussion with the academic decision-maker, they should complete Step 2 of the appeal form and submit within 5 working days of the discussion a signed copy to the mediator designated on the form. Statement on Recording of Lectures by Students Lectures, presentations, and other course materials are protected intellectual property under South Dakota Board of Regents Policy. Accordingly, recording and disseminating lectures, presentations or course materials is strictly prohibited without the express permission of the faculty member or as the result of an approved disability accommodation through Disability Services. Violation of this prohibition may result in the student being subject to Student Conduct proceedings under SDBOR Policy 3:4. Student Success Services and Supports The USD Opportunity Center (https://www.usd.edu/About/Departments-Offices-andResources/Opportunity-Center) offers a central connection point for campus resources that are designed specifically for student success. The Opportunity Center staff is located in MUC 204 and can work with USD students in any location or online to guide you to any of the many student support services you need to navigate life at USD. To find resources on your own, Coyote One Stop (https://www.usd.edu/About/Departments-Offices-and-Resources/Coyote-One- Stop) lets you ask questions and browse a comprehensive service catalog for your informational and support needs. Concern/Complaint Resolution Process To resolve any concerns, complaints, or questions regarding a course experience, the student should initially attempt addressing issues of concern directly to the instructor or the appropriate decision maker as defined by the chart appended to the university’s academic appeal form. Together the student and the instructor should establish a timetable for resolving the issues of concern. If a student feels the conflict has not been resolved, the student should communicate this concern to the chair of the department offering the course. If questions or concerns remain, or if the instructor is the department chair, the student may contact the dean’s office for the college or school in which the course is offered. Contact information for questions or concerns: Department Chair: Dr. David Carr, david.carr@usd.edu Associate Dean: (At the time of syllabus publication a new associate dean has not been named for the Beacom School of Business) Zoom Usage and Classroom Attendance Classroom participation and in-person interaction are integral components of the education process for face-to-face and hybrid courses, and the university expects students enrolled in those courses to be physically present for scheduled in-person class sessions. The use of video delivery technology (Zoom) to supplement classroom instruction is at the discretion of the instructor, but students should not assume that it is universally available. Students should also not assume that participation via Zoom meets attendance requirements. For this course, Zoom access and attendance will be handled as follows: Zoom is not an option for this course. Students with a disability who wish to request an accommodation related to the classroom attendance requirement(s) must contact Disability Services to engage in the accommodation process. Privacy of Student Records USD Student Records Policy The Family Educational Rights and Privacy Act of 1974 (FERPA) provides that each student’s educational records remain private. No individual or group outside the educational institution shall have access to nor will the institution (including professors) disclose students’ educational records without written consent of the students. Because the professor cannot ensure that the student is the only one with access to the student’s email account, grades will not be provided via email. The student may access his/her final grade using Financial Aid Self Service GOOD LUCK AND ENJOY THE SEMESTER! Course Schedule (Schedule is subject to change) WEEK One (8/21) Two (8/28) Three (9/04) Four (9/11) Five (9/18) Six (9/25) Seven (10/02) Eight (10/09) Nine (10/16) Ten (10/23) Eleven (10/30) Twelve (11/06) Thirteen (11/13) Fourteen (11/20) Fifteen (11/27) Sixteen (12/04) Final Exam TOPICS Introduction/Syllabus Excel Software Data and Statistics Summarizing Categorical Data Summarizing Quantitative Data Data Analysis ● ● ● ● ● ● Labor Day, Monday Sep. 4 Measures of Location Measures of Variability Measures of Distribution Shape, Relative Location Exploratory Data Analysis Weighted Means Working with Grouped Data Exam 1 (Wednesday, 9/27) ● ● ● ● Index Numbers Probability Native American Day, Monday, Oct. 9 Probability Conditional and Bayesian Probability ● ● ● ● ● ● ● Exam 2 (Wednesday, 10/25) Random Variables Expected Value and Variance Discrete Probability Distributions Continuous Probability Distributions Veteran’s Day (Observed) Friday, Nov. 10 Continuous Probability Distributions Thanksgiving Break Nov. 22-26 (TBD) Sampling Sampling Distributions Review for Final Final Exam - Monday, 12/11, 10:00 – 12:00 (Noon) ● RESPONSIBILITIES / NOTES Read Syllabus Complete Syllabus Quiz (D2L under Quizzes) Read Chapters 1 and 2 Review Chapter 2 Complete and upload the week 2 Problem Set LAST DROP DAY WITH FULL REFUND Thursday, August 31 Read Chapter 3 Complete and upload week 3 Problem Set Review Chapter 3 Complete and upload week 4 Problem Set Review Chapter 3 Complete and upload week 5 Problem Set Review Chapters 1-3 Read Chapter 20 Complete and upload week 7 Problem Set Read Chapter 4 Complete and upload week 8 Problem Set Review Chapter 4 Complete and upload week 9 Problem Set Review Chapters 20 and 4 ● ● ● LAST DAY TO WITHDRAW Friday, November 3 Read Chapter 5 Complete and upload week 11 Problem Set Complete and upload week 12 Problem Set Review Chapter 5, Read Chapter 6 Review Chapter 6 Complete and upload week 13 Problem Set No assignments ● ● ● ● Read Chapter 7 Review Chapter 7 Complete and upload week 15 Problem Set Comprehensive FINAL EXAM ● Comprehensive FINAL EXAM ● ● ●