COURSE SYLLABUS ****************************************************************************** YEAR COURSE OFFERED: 2016 SEMESTER COURSE OFFERED: DEPARTMENT: Spring STAT COURSE NUMBER: 3331 NAME OF COURSE: Statistical Analysis for Business Applications I NAME OF INSTRUCTOR: Dr. Staci Smith ****************************************************************************** The information contained in this class syllabus is subject to change without notice. Students are expected to be aware of any additional course policies presented by the instructor during the course. ****************************************************************************** Learning Objectives To give students the basic quantitative skills necessary to take business data, use statistical procedures/methods to analyze it (with the aid of Microsoft Excel), and be able to interpret the results. Major Assignments/Exams Homework Exam 1 Exam 2 Exam 3 16% 28% 28% 28% Required Textbook The UH Customized Version of Essentials of Modern Business Statistics, 6th edition, by Anderson, Sweeney, and Williams (available for purchase at www.cengagebrain.com/course/1-24E5EMZ). Required Calculator The TI-30XA calculator. This calculator will be used for in-class calculations, and is the only outside calculator that will be permitted by CASA for use on STAT 3331 exams. Page 1 of 5 COURSE SYLLABUS List of discussion/lecture topics (page 1) Class 1/19-1/21 Topics to be Discussed Descriptive Statistics (Chap 3:Sect 1-3, 5) -Measures of Location -Measures of Variability -Distribution Shape -Measures of Association HOMEWORK 1 (Chapter 3). Due date TBA. 1/26-2/4 Probability (Chap 4:Sect 1[reading only], 2-4, 5[exercises only]) -Properties of Probabilities -General Law of Addition -Mutually Exclusive Events -Conditional Prob. -General Law of Multiplication -Independent Events HOMEWORK 2 (Chapter 4). Due date TBA. 2/9-2/11 Discrete Random Variables (Chap 5:Sect 1[reading only], 2-4) -E.V. and Var. of a R.V. -Binomial Dist. HOMEWORK 3 (Chapter 5). Due date TBA. 2/18 2/19-2/20 In-Class Review for EXAM 1 TAKE EXAM 1 AT CASA. 2/16, 2/23 Continuous Random Variables (Chap 6:Sect 2) -Normal Dist. Sampling Distributions (Chap 7:Sect 3-4[reading only], 5-6) -Samp. Dist. of x -Samp. Dist. of p 2/25 HOMEWORK 4 (Chapters 6-7). Due date TBA. Page 2 of 5 COURSE SYLLABUS List of discussion/lecture topics (page 2) Class 3/1-3/10, 3/22 Topics to be Discussed Single Sample Inference (Chap 8:Sect 1-2, 4; Chap 9:Sect 1[reading only], 3-5) -C.I. for µ, σ known -C.I. for µ, σ unknown -C.I. for p -Hyp. testing for µ, σ known -Hyp. testing for µ, σ unknown -Hyp. testing for p 3/15-3/17 Spring Break HOMEWORK 5 (Chapters 8-9). Due date TBA. 3/24 3/25-3/26 In-Class Review for EXAM 2 TAKE EXAM 2 AT CASA. NOTE: The last day to drop this course is 4/1. 3/29-4/7 Two Sample Inference (Chap 10:Sect 2-3; Chap 11:Sect 1) -C.I. for µ1 - µ2, σ1 & σ2 unknown, indep. samples -C.I. for µ1 - µ2, σ1 & σ2 unknown, dep. samples -C.I. for p1 - p2 -Hyp. testing for µ1 - µ2, σ1 & σ2 unknown, indep. samples -Hyp. testing for µ1 - µ2, σ1 & σ2 unknown, dep. samples -Hyp. testing for p1 - p2 HOMEWORK 6 (Chapters 10-11). Due date TBA. 4/12-4/26 Simple Linear Regression (Chap 12:Sect 1[reading only], 2-3, 4[reading only], 5-7) -Regression equation -ANOVA table -se2, r2 , r -C.I. and Hyp. testing for β1 -C.I. for mean value of y -P.I. for indiv. value of y HOMEWORK 7 (Chapter 12). Due date TBA. 4/28 4/29-4/30 In-Class Review for EXAM 3 TAKE EXAM 3 AT CASA. Page 3 of 5 COURSE SYLLABUS About Our Learning Goals The C. T. Bauer College of Business has established learning goals for each of our programs as part of our accreditation by the Association for Advancement of Collegiate Schools of Business (AACSB). AACSB establishes standards for business programs across the globe that determines how our programs are measured and ensure that the courses offered to Bauer students are relevant and challenging. Why do these learning goals matter to you? For Bauer students, the learning goals are important because they contribute to AACSB accreditation, which is the cornerstone of a degree that has substantial market value and will serve the goals and interests of employers, students and alumni for years to come. For Bauer faculty, showcasing how the learning goals are incorporated into courses allows the college to measure the effectiveness of our curriculum and to adapt it as necessary to meet the changing needs of both students and industry. Read more about Bauer College’s learning goals at www.bauer.uh.edu/about/learninggoals.php. Page 4 of 5 COURSE SYLLABUS The following table indicates which program learning goals will be addressed within the scope of this course. BBA Program Learning Goals and Objectives Working Knowledge of Ethics and Legal Compliance Students will demonstrate awareness of ethical and legal issues with a framework for resolving them Disciplinary Competence Communication Skills Students will demonstrate competence in their respective disciplines Students will communicate in an effective and professional manner through written and/or oral presentation assignments Critical Thinking Students will apply problem solving models to business situations Is the Goal Addressed Yes Yes Yes Yes How the Goal is addressed Students will analyze data using proper statistical methods. Students will learn to identify when data is manipulated, inappropriate assumptions made, or incorrect statistical methods used to achieve favorable results and to appropriately correct these issues to produce legitimate results. Students will display proficiency using statistical procedures on data from a variety of disciplines. These statistical procedures are demonstrably applicable and advantageous to all business disciplines. Numbers are meaningless without a correct interpretation. Therefore students will learn to effectively communicate the meaning of numerical results achieved by appropriate statistical analysis. Students will develop basic quantitative skills required to statistically analyze data from any business discipline and correctly interpret the results. Class discussions, textbook problems, assigned daily problems, assigned homework, and exams. Class discussions, textbook problems, assigned daily problems, assigned homework, and exams. Class discussions, textbook problems, assigned daily problems, assigned homework, and exams. Class discussions, textbook problems, assigned daily problem, assigned homework, and exams. Course assignments that address the Goal Page 5 of 5