QM 2241 BUSINESS STATISTICS I
Syllabus
Spring Semester, 2013
Sorrell College of Business Mission and Vision statements
Mission Statement
Through operations that span the State of Alabama, the United States, and the world, Sorrell College of Business
equips our students with the knowledge, skills, abilities and competencies to become organizational and community
leaders who make a difference in the global village and global economy. Through this endeavor, we serve students,
employers, faculty, and Troy University at large as well as the local and global communities.
Vision Statement
Sorrell College of Business will be the first choice for higher business education students in their quest to succeed in a
dynamic and global economy. Sorrell College of Business will create the model for 21st century business education
and community service.
INSTRUCTOR:
Ed Pappanastos, Ph.D.
COURSE SECTION:
TDAA
COURSE PREREQUISITE:
MTH 1112
OFFICE HOURS:
Tuesday:
9:00 a.m. - 10:00 a.m., 2:15 p.m. - 2:45 p.m.
Wednesday: 9:00 a.m. - 4:00 p.m.
Thursday: 9:00 a.m. - 10:00 a.m., 2:15 p.m. - 2:45 p.m.
OFFICE LOCATION:
113C Bibb Graves Hall
OFFICE TELEPHONE:
334-670-3966
EMAIL:
edp@troy.edu
WEB SITE:
http://troy.blackboard.com
TIME OF CLASS:
Tuesdays & Thursdays 10:00 a.m. – 11:15 a.m.
CLASS LOCATION:
Bibb Graves, Room 129
COURSE DESCRIPTION:
An introduction to descriptive and inferential statistical concepts and methods. Topics
include grouping of data, measures of central tendency and dispersion, probability
concepts, sampling, statistical estimation, and statistical hypothesis testing.
COURSE OBJECTIVES:
On completion of the course, the student should be able to:
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Summarize the types of statistics and categories of data and levels of data
measurement.
Interpret tabular and graphical summaries of business data.
Compute and interpret summary measures of location of business data.
Compute and interpret summary measures of dispersion and apply the empirical
rule.
Apply basic rules of probability.
Indentify and calculate probabilities and expected values for generic discrete
probability distributions.
Identify and calculate probabilities for the continuous uniform and normal
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probability distributions.
Understand sampling methods and applicability of Central Limit Theorem.
Construct and interpret confidence intervals to estimate means and proportions and
understand the relationship of sample size, confidence level and interval width.
Demonstrate an understanding of hypothesis testing procedures for populations
means and proportions for single populations.
PURPOSE:
To develop statistical-analysis skills appropriate for entry-level employment in business
fields. Core requirement for all undergraduate business programs.
TEXTBOOK:
“Statistical Techniques in Business & Economics” by Lind, Marchal, and Wathen;
McGraw-Hill/Irwin, 15th Edition. ISBN 0077639138.
OTHER MATERIALS:
In addition to the textbook, students will need access to Connect [McGraw-Hill’s
on-line homework system]. You can purchase Connect Plus or Connect. Connect
Plus is Connect with the ebook.
The Connect/Connect Plus access code will provide the student with 18 months
of access. Therefore, the purchase of one access code should be sufficient for QM
2241 and QM 3341.
CLASS PROCEDURE AND
REQUIREMENTS:
This course will be delivered in a lecture/discussion format. Primary delivery will
through PowerPoint and overhead presentations. PPT Presentations will be posted to the
web site prior to class. Students should print the presentations and bring them to
class to allow them to focus on the topic and to take more organized notes.
GRADING METHODS &
EXAMINATIONS:
Final grades will be calculated as a weighted average as follows:
15%
 Connect Homework
20%
 Test 1 – Chapters 1-4
20%
 Test 2 – Chapters 5-7
20%
 Test 3 – Chapters 8-10
25%
 Final Exam – comprehensive (all chapters)
The student's final grade will be determined using the traditional grading scale:
A: 90-100, B: 80-89, C: 70-79, D: 60-69, F: Below 60.
ATTENDANCE/POP QUIZZES:
Students are expected to attend every class since attendance has a strong
correlation with your grade. To encourage regular attendance, "pop" quizzes may
be given at random throughout the term. Pop quizzes missed cannot be made up. If a
student misses a class, they must have an excused absence (see policy in attendance
section) in order to have a missed quiz exempted from the grade.
CONNECT HOMEWORK:
Students will complete homework problems using the web-based software program,
Connect. Scores are calculated for each homework assignment completed by the due
date based on number of questions correctly answered. If you are unsatisfied with a
particular homework grade or if you simply wish to practice more, you may redo the
homework as many times as you want before the deadline assigned (highest score
counts). There will be no dropped homework grades. Any missed or late assignments
will be given a score of zero.
At the completion of each assignment, Connect will immediately grade the
assignment and provide the student with the points earned and feedback.
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Homework assignments are open book/open notes. The total points possible are
shown below:
Your homework grade will be found by dividing your total points earned by the
total possible points [126]. Your total points will be found by adding up your best
grades from each homework assignment.
TEST 1-3 RULES:
Tests 1-3 will be given in class during the normal class time. Exam rules:
 Tests in this class are closed book, but a formula sheet may be used. Formula
sheets can contain any hand-written notes on the front and back of an 8.5 x 11
sheet of paper. Students will be allowed to bring in statistical tables.
 Formula sheets and statistical tables must be turned in with tests and WON’T be
returned.
 Students may use an electronic calculator without text storage capability or
statistical functions. Example: Texas Instruments BA-II+
 Students may NOT share calculators, nor can a telephone be used as a calculator.
 Translators may not be used during any examination.
 Students must bring a blank Scantron form to each exam.
 Tests 1-3 will NOT be reviewed in class, but students will be permitted to review
the tests in the instructor's office during office hours.
FINAL EXAM RULES:
 Details will be provided later.
Violations of the above policies may result in your receiving an F for the exam.
See the Incomplete/Missed work section of the syllabus for the policy on missed
tests.
DROP/WITHDRAWAL/FA POLICY:
 Grades of DP are no longer a possibility.
 An FA grade will be given to students who miss 35% or more classes in the term
without an excuse AND/OR those who miss any test without an excuse.
All grades will be earned -- NOT given. No tests will be dropped, no tests will be given
less emphasis and no additional work will be given to boost final grades. Students
needing a particular grade in this class to graduate, to keep a scholarship, to be eligible
for sports, etc., will need to score high enough to earn the grade. Students should plan for
computer failure by completing graded homework ahead of schedule.
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ATTENDANCE &
STUDENT
RESPONSIBILITIES:
Students are expected to:
1. Punctually attend all scheduled classes. Students who arrive after roll is taken or
who miss pop quizzes without an excuse will be counted as absent that day.
2. Be responsible for all instructions and assignments given in class as well as for the
supporting textbook content. If you miss a class, do not email your professor
asking what you missed. Similarly, do not come to my office expecting a private
tutorial session covering the missed material. Finding out what you missed and
getting a classmate's notes is your responsibility.
3. Read the textbook material before the lecture covering that material and attempt
the suggested problems before the material is covered in class.
4. Be an active participant in this class while being respectful of everyone else in the
class.
5. Stay for the entire class session. If you need to leave the class early, inform your
instructor before the class begins. Students who leave early without an excuse risk
having their attendance voided for that day.
6. Complete homework by the deadlines given in this syllabus and attend all
examinations.
EXCUSED ABSENCE POLICY:
Excused absences have the following characteristics:
a. The professor was informed prior to the absence,
b. The professor determines that the absence is excusable*, and
c. Written documentation acceptable to the instructor (e.g., on letterhead) is provided
within one week of the missed class. Additional regulations apply to absences
which occur on the day of a scheduled exam. See the Incomplete/Missed Work
Policy section for more information.
* Excusable absences include:
 Participation in a documented official University function that does not permit the
student’s class attendance (e.g., athletic events, field trips, etc.).
 Severe illness, a hospital stay, or a doctor's excuse saying that it is impossible for
student to attend class(es). NOTE: This does not include scheduled medical or
dental appointments or driving someone else to doctor. You should schedule
appointments or personal errands outside of class time.
 Death of immediate family member (parent, grandparent, sibling, or child, or
spouse).
 Appearance in court (if mandatory)
 Personal situations that are approved by the instructor in advance of the time the
student is to be absent.
DAILY ASSIGNMENTS:
See schedule below.
INCOMPLETE/MISSED
WORK POLICY:
If a student will miss a test, they must notify the instructor in advance and provide
acceptable documentation within one week of the missed test. If they are unable to
notify the instructor in advance (e.g., they were in the hospital), they must notify the
instructor as soon as they are able to return to class and provide acceptable WRITTEN
documentation on that day.
 If the absence is excused by the instructor, the student will take a special
comprehensive makeup test on Dead Day [May 1st] , to be taken on the
computer with a proctor. No individual makeup exams for particular tests will be
given. This comprehensive makeup test will be in addition to the formative exam
taken during the final exam period.
 If the absence is not excused by the instructor, the student will receive a zero for any
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missed test.
Only in very special circumstances will a student be allowed to make up Connect
homework. Assignments not completed by the deadline without a pre-approved excuse
will be given a zero. "Computer problems" do not constitute an acceptable excuse. Use
the tutorials posted in Blackboard which explain how to enroll into the website for this
class in Connect. NOTE: Don't wait until the last minute to sign up or to start your
homework! If you have problems with Connect, please contact technical support using
the methods listed in Blackboard.
GENERAL SUPPORT:
The computer labs in Bibb Graves are available for student use when other classes are
not in session.
CHEATING POLICY:
It is expected that students will abide by the Honor Code, Academic Code, Technology
Use Policy, and Standards of Conduct as outlined in the most current version of the
Oracle, the student handbook. Any student not abiding by these codes/policies/standards
will be subject to the penalties outlined in the Oracle.
AMERICANS WITH
DISABILITIES ACT
(ADA):
Troy University supports Section 504 of the Rehabilitation Act of 1973 and the
Americans with Disabilities Act of 1990, which insure that postsecondary students with
disabilities have equal access to all academic programs, physical access to all buildings,
facilities and events, and are not discriminated against on the basis of disability. Eligible
students, with appropriate documentation, will be provided equal opportunity to
demonstrate their academic skills and potential through the provision of academic
adaptations and reasonable accommodations. Further information, including appropriate
contact information, can be found at the link for Troy University’s Office of Human
Resources at
http://www.troy.edu/humanresources/ADAPolicy2003.htm
CELLPHONES AND
OTHER ELECTRONIC
DEVICES:
Use of any electronic device by students in the instructional environment is prohibited
unless explicitly approved on a case-by-case basis by the instructor of record or by the
Office of Disability Services in collaboration with the instructor. Cellular phones,
pagers, and other communication devices may be used for emergencies, however, but
sending or receiving non-emergency messages is forbidden by the University.
Particularly, use of a communication device to violate the Troy University “Standards of
Conduct” will result in appropriate disciplinary action (See the Oracle.)
In order to receive emergency messages from the University or family members, the call
receipt indicator on devices must be in the vibration mode or other unobtrusive mode of
indication. Students receiving calls that they believe to be emergency calls must answer
quietly without disturbing the teaching environment. If the call is an emergency, they
must move unobtrusively and quietly from the instructional area and notify the instructor
as soon as reasonably possible. Students who are expecting an emergency call should
inform the instructor before the start of the instructional period.
COURSE OUTLINE AND
DATES TO REMEMBER:
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Detailed solutions to odd-numbered text exercises are provided in your textbook (see
the appendix)
The topics are listed in the approximate order in which they will be covered. Please
note that this outline is subject to change. We may move exams to later dates
or SOONER dates.
See due dates below for homework. Late homework will NOT be counted for a
grade in this class, even if Connect gives you a score.
Please note that this outline is subject to change. Any changes will be announced in
lecture. If you miss a lecture, you are responsible for finding out what you missed,
including any deadline or exam date changes.
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Date
Chapter
Date
Chapter
Thurs. 1/10
Course Introduction, Chapter 1
Tues. 3/12
TEST 2- Chapters 5-7
Tues. 1/15
Chapters 1-2
Thurs. 3/14
Chapter 8
Thurs. 1/17
Chapters 2-3
Tues. 3/18
SPRING BREAK
Tues. 1/22
Chapters 2-3
Thurs. 3/21
SPRING BREAK
Thurs. 1/24
Chapter 3
Tues. 3/26
Chapter 8
Tues. 1/29
Chapter 3
Thurs. 3/28
Chapter 8
Thurs. 1/31
Chapter 4
Tues. 4/2
Chapter 8
Tues. 2/5
Chapter 4
Thurs. 4/4
Chapter 9
Thurs. 2/7
TEST 1 - Chapters 1-4
Tues. 4/9
Chapter 9
Tues. 2/12
Chapter 5
Thurs. 4/11
Chapter 9
Thurs. 2/14
Chapters 5
Tues. 4/16
Chapter 10
Tues. 2/19
Chapter 5
Thurs. 4/18
Chapter 10
Thurs. 2/21
Chapters 6
Tues. 4/23
Chapter 10
Tues. 2/26
Chapter 6
Thurs. 4/25
TEST 3- Chapters 8-10
Thurs. 2/28
Chapter 7
Tues. 4/30
Review for final exam
Tues. 3/5
Chapter 7
Wed. 5/1
DEAD DAY
Thurs. 3/7
Chapter 7
FINAL TBA
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