BUS2-90: Business Statistics San José State University College of Business Department of Marketing and Decision Sciences Course Number: Title: Semester: Year: Instructor: Office Location: Telephone: Email: Office Hours: Class Days/Time: Prerequisites: BUS2-90 Business Statistics Spring 2014 Xu (Cissy) Yang, Ph.D. BT 553 (408) 924-7231 xu.yang@sjsu.edu Online Online MATH 071 or MATH 070 Course Web Site All course documents (syllabus, PowerPoint slides, videos, homework assignments, quizzes, solutions, etc.) will be posted on Canvas (http://www.sjsu.edu/at/ec/canvas/index.html) or WileyPLUS (exact URL will be announced via Canvas message). Although announcements and reminders will be sent out frequently, it is the student’s responsibility to check the websites regularly. All grades will also be posted online. Course Description Statistics is the art and science of making data-based decisions. This course presents methods to collect, present, and describe data that often appear in business reports. It introduces probability as a measure of uncertainty, and as the theoretical foundation for statistical decision-making. Finally, the course presents the classical methods of confidence intervals and hypothesis testing used to make decisions about populations based on sample data, and introduces the concepts of regression and correlation used to find relationships between various factors. Course Goals and Student Learning Objectives 1. To create summaries of data in tables and graphs, and interpret them for business decisions. 2. To calculate summary statistics of data (e.g., mean, median, standard deviation), and interpret them for business decisions. 3. To be able to perform basic probability computations, including expected values, and interpret them for decision analysis. 4. To evaluate whether sampling methods used are proper or improper to obtain valid statistical inferences. 1 BUS2-90: Business Statistics 5. To be able to interpret results from confidence intervals and hypothesis tests. 6. To be able to interpret the results of simple regression analyses. 7. To reinforce analytical skills already learned, and build on these skills to further increase your "portfolio" of useful analytical tools for business tasks. Required Topics: 1. Introduction to Statistics, types of variables 2. Basic sampling: populations and samples; types of probability samples: simple random, stratified, systematic, cluster; types of bad sampling: quota, convenience. 3. Descriptive statistics for one variable: measures of center, measures of spread, percentiles, Empirical Rule, graphical descriptions 4. Descriptive statistics for two variables: contingency tables, correlation and regression, scatterplots 5. Probability: basic probability rules 6. Probability: random variables, expected value, standard deviation, distribution 7. Probability distributions: binomial and normal 8. Sampling distributions of a statistic, standard error of a statistic, and the Central Limit Theorem 9. Statistical inference: confidence intervals for means and proportions, t and z tables, calculating sample sizes 10. Statistical inference: hypothesis tests about means and proportions, Type I and Type II errors, concept of statistical power 11. Statistical inference: regression Required Textbook Title: Business Statistics: For Contemporary Decision Making, 7th Edition Author: Ken Black ISBN: 9781118764503 IMPORTANT: Please notice that this is a custom version for San Jose State University. Since this is an online course, access code for WileyPLUS (an online teaching and learning system) is required. It can be purchased with the textbook or separately. With the code, students can get access to all resources including the ebook online. If students are comfortable with the ebook, paperback textbook is optional. 2 BUS2-90: Business Statistics Evaluation Policy Grading Item Weight Reading Assignments (weekly) 15% Homework Assignments (weekly) 15% Quizzes (weekly) 25% Exams (three exams, each is 15%) 45% Total 100% Scale 97-100 94-96 90-93 87-89 84-86 80-83 77-79 74-76 70-73 67-69 64-66 60-63 59 and below Grade A+ A AB+ B BC+ C CD+ D DF IMPORTANT: Every week, there is one reading assignment, one homework assignment and one quiz. The due date is the last day in that week (11:59PM on Thursday). Late submission will not be accepted. The lowest homework and quiz scores will be dropped. All reading assignment scores will be kept. 3 BUS2-90: Business Statistics Course Timeline In online courses, professor and students don’t meet in the classroom. Learning materials and course related activities are assigned on a weekly basis. Both Canvas and WileyPLUS will be used in this online course. For any course related questions, please post them on Discussions on Canvas (please do NOT send your questions to the professor by email). All course related materials (syllabus, PowerPoint, assignments, quizzes etc.) will be available on WileyPLUS. A typical “week” starts on Friday and ends on the following Thursday at 11:59PM. There are one reading assignment, one homework assignment and one quiz every week. The due date is 11:59PM on Thursday. Each week, a PowerPoint file is provided by the professor. Use this file as your study guide but not your only study resource. The PowerPoint file must be supplemented by reading the textbook. Please read the textbook thoroughly but not only the reading assignment sections. IMPORTANT: If you have any questions, please do NOT send your questions to the professor by email. Instead, please post your question under Discussions on Canvas. Professor will answer it on a timely manner. Other students feel free to join the discussion and answer/comment on the question. High volume of questions may be expected before the assignment due date/time. Please understand questions that are posted too late (e.g. 9PM on Thursday) may not be answered that day. Week 1 2 3 4 5 Days 3/11-3/13 3/14-3/20 3/21-3/27 3/28-4/3 4/4-4/10 4/11-4/17 6 7 8 9 10 4/18-4/24 4/25-5/1 5/2-5/8 5/9-5/16 Topics and Exams Create Canvas and WileyPLUS accounts Chapter 1: Introduction to Statistics Chapter 2: Charts and Graphs Chapter 3: Descriptive Statistics Chapter 4: Probability Exam 1 (covers Chapters 1, 2, 3) Chapter 5: Discrete Distributions Chapter 6: Continuous Distributions (part 1) Chapter 6: Continuous Distributions (part 2) Chapter 7: Sampling and Sampling Distributions Exam 2 (covers Chapters 4, 5, 6) Chapter 8: Statistical Inference: Estimation for Single Populations Chapter 9: Statistical Inference: Hypothesis Testing for Single Populations Chapter 12: Simple Regression Analysis and Correlation Exam 3 (covers Chapters 7, 8, 9, 12) (Course outline is tentative and subject to change depending upon the progress of the class.) 4 BUS2-90: Business Statistics University Policies Academic integrity Students should know the University’s Academic Integrity Policy that is available at http://www.sa.sjsu.edu/download/judicial_affairs/Academic_Integrity_Policy_S07-2.pdf Your own commitment to learning, as evidenced by your enrollment at San Jose State University and the University’s integrity policy, require you to be honest in all your academic course work. Faculty members are required to report all infractions to the office of Student Conduct and Ethical Development. The website for Student Conduct and Ethical Development is available at http://www.sa.sjsu.edu/judicial_affairs/index.html Instances of academic dishonesty will not be tolerated. Cheating on exams or plagiarism (presenting the work of another as your own, or the use of another person’s ideas without giving proper credit) will result in a failing grade and sanctions by the University. For this class, all assignments are to be completed by the individual student unless otherwise specified. If you would like to include in your assignment any material you have submitted, or plan to submit for another class, please note that SJSU’s Academic Policy F06-1 requires approval of instructors. Campus Policy in Compliance with the American Disabilities Act If you need course adaptations or accommodations because of a disability, or if you need to make special arrangements in case the building must be evacuated, please make an appointment with me as soon as possible, or see me during office hours. Presidential Directive 97-03 requires that students with disabilities requesting accommodations must register with the DRC (Disability Resource Center) to establish a record of their disability. Learning Resources Student Technology Resources Computer labs for student use are available on the third floor of the BBC classroom building and in the Academic Success Center located on the 1st floor of Clark Hall and on the 2nd floor of the Student Union. Computers are also available in the Martin Luther King Library. A wide variety of audio-visual equipment is available for student checkout from Media Services located in IRC 112. These items include digital and VHS camcorders, VHS and Beta video players, 16 mm, slide, overhead, DVD, CD, and audiotape players, sound systems, wireless microphones, projection screens and monitors. Business Tutorial Center The Tutorial Center has 2 sites that provide tutoring to business majors. Site #1 is located in BBC 8, directly across from the Advisement Center (BSAC) and site #2 is BT 53. The hours for both sites are Monday-Thursday 9:00am-6:00pm and Friday, 9:00-1:00pm. Hard copy schedules 5 BUS2-90: Business Statistics for tutors are available at each site and an online schedule can be viewed by visiting the following Schedule link: http://www.sjsu.edu/cob/Students/schedule/Spring2012/index.html. Excel tutorials for some course topics are available at www.vimeo.com/dsdemos. Learning Assistance Resource Center The Learning Assistance Resource Center (LARC) is located in Room 600 in the Student Services Center. It is designed to assist students in the development of their full academic potential and to motivate them to become self-directed learners. The center provides support services, such as skills assessment, individual or group tutorials, subject advising, learning assistance, summer academic preparation and basic skills development. The LARC website is located at http:/www.sjsu.edu/larc/ SJSU Writing Center The SJSU Writing Center is located in Room 126 in Clark Hall. It is staffed by professional instructors and upper-division or graduate-level writing specialists from each of the seven SJSU colleges. Our writing specialists have met a rigorous GPA requirement, and they are well trained to assist all students at all levels within all disciplines to become better writers. The Writing Center website is located at http://www.sjsu.edu/writingcenter/ Peer Mentor Center The Peer Mentor Center is located on the 1st floor of Clark Hall in the Academic Success Center. The Peer Mentor Center is staffed with Peer Mentors who excel in helping students manage university life, tackling problems that range from academic challenges to interpersonal struggles. On the road to graduation, Peer Mentors are navigators, offering “roadside assistance” to peers who feel a bit lost or simply need help mapping out the locations of campus resources. Peer Mentor services are free and available on a drop –in basis, no reservation required. The Peer Mentor Center website is located at http://www.sjsu.edu/muse/peermentor/. 6