quantitative business analysis i - gozips.uakron.edu

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CBA Mission: Preparing Competent and Responsible Business Leaders

Q U A N T I I T A T I I V E B U S I I N E S S A N A L Y S

6500:221:005

Spring 2000

3 Credits

The University of Akron

College of Business Administration

Department of Management

I I S I I

Dr. Kenneth A. Dunning

CBA 367

330-972-7039

Fax: 330-972-6588

E-mail: dunning@uakron.edu

TEXT.

Anderson, Sweeney, and Williams, Statistics for Business and Economics,

7 th Edition , South-Western College Publishing, 1999.

COURSE OBJECTIVES.

QBA I is a skills course. Students are expected to develop the ability to apply basic applied statistics to business problems. At the completion of this course you should:

1. understand the advantages and disadvantages of various data collection methods,

2. understand and be able to use probabilities,

3. understand and be able to use basic descriptive statistics,

4. understand and be able to use basic inferential statistics (estimation and testing),

5. improve analytical thinking abilities,

6. be ready for QBA II.

GRADES.

There will be three regular exams (problem oriented) and a final exam

(multiple choice, concept oriented). Each exam is worth 100 points. Computer exercises, cases and oral presentations averaged together will be worth 100 points. Total points in the course will be 500. The number of total points will determine final grades.

A 465 - 500 C 365 - 384

A-

B+

450 - 464

435 - 449

C-

D+

350 - 364

335 - 349

B 415 - 434

B- 400 - 414

C+ 385 - 399

D 315 - 334

D- 300 - 314

F <300

MAKE-UP EXAMS.

You may only take make-up exams if your reason for missing is one listed in the University catalog or if your absence is previously approved by me after written or oral (at last minute) communication about the absence. If you miss the exam for sickness, you are required to contact me the same day for make-up exam scheduling.

Don’t try to wait until I have gone over the exam in class. You should not call in sick just because you were not prepared. Experience shows that you will not be any better prepared for the make-up exam, and there will be no curve on any new exam I have to write.

EXTRA CREDIT.

There is no extra credit available to make up for poor performance on exams or cases. You get one shot. Make it count by being prepared each time.

ATTENDANCE.

You are not required to attend non-exam class days, and you do not need to notify me if you are going to miss classes on non-exam days. However, you are responsible for anything you miss. Most students claim that missing classes did serious harm to their chances of doing well on the exams. You do not want to miss class.

ACADEMIC DISHONESTY.

You will be subject to penalties for acts of dishonesty.

Be very careful during exams not to look or appear to be looking at other student’s papers. This will be considered prima facie evidence of cheating.

DROPPING THE CLASS.

You have up to the last day permitted by the University

(April 14) to drop the class. You will need to get all signatures at least one day before the last day to drop. Seek advice from the fourth floor advising office. I will also be happy to talk with you about your need to drop. Sometimes it is better not to drop.

TUTORING.

Tutoring will be available in Room 359 of the CBA. The schedule will be announced in class and posted outside CBA 359. Please make use of the tutors. Don't fall behind for lack of understanding. Tutorials on some subjects, this syllabus, and sample exams will be available on my personal web homepage: http://gozips.uakron.edu/~dunning/

SOME ADVICE.

QBA is often considered to be a difficult course. It does not have to be so if you approach it correctly. Here are some suggestions:

1. Keep up with your reading and homework. How many times have you heard that?

But we cover so much work that you cannot learn it all the night before the exam.

2. Find others to work together with and talk out the principles and methods of solving problems. In helping others, you find out what you don't really know. You can fool yourself into thinking you know statistics.

3. Learn the definitions and basic principles first. Without knowing these, you will be continually lost.

4. Get organized. Make a list of every type of problem we cover. Use that list to make sure that you prepared yourself to work each problem. Make sure that you know all the key words for each type of problem so that you can recognize each problem when you see it. Prepare a good "cheat sheet" to bring into the exam with you.

5. When you do well on the first exam, do not slack before the second. The material gets more difficult as we go along.

6. Don't worry. Just work. Positive attitudes help. You are capable of learning the material and doing well on the exams. You just have to work more than normal, and more effectively. Set a goal for success and go for it.

7. Try the sample exams on my web site. Don't just work them. Study them and understand them.

8. Use the tutor. We supply the tutor because we want you to succeed. But don't wait to the last minute before the exam because there will be a line.

9. Read with understanding. While the problems use formulas and require arithmetic and some math skills, this is really an English class. Most students who do poorly do not read carefully.

TENTATIVE SCHEDULE Exam dates may be changed to accommodate necessary changes in the presentation schedule.

WEEK DATE SUBJECT/READING

1. Jan 17 Ch 1-2, Intro and Descriptive

Ch 2 Descriptive, Tab and Graph

PROBLEMS

1:

2:

4,8,10, Appendix C Sum

2,15,24,32,34

2.

3.

5.

Jan 24

Jan 31

Ch 3 Descriptive, Numerical

Ch 4, Probability

4. Feb 7 more Ch 4,

Friday, February 11 ,

Feb 14 Ch 5, Discrete Prob Distribution

3:

4:

5:

8,10,20,32,36,49,50,62

6,8,18,21,26,30,36,40,

44,52,68,69,76,77,78

EXAM 1 Chapters 1 - 4

5,8,18,20,28,34,

6. Feb 21 more Ch 5

Ch 6, Continuous Prob Distribution

40,44,48,72,74

6: 6,10,12,14,18,22,38,60

7. Feb 28 more Ch 6

Ch 7, Sampling Distributions

8. Mar 6 more Ch 7

7: 4,15,16,30,36,40,46,

52,59,66

Friday, March 10, EXAM 2 Chapters 5 - 7

9. Mar 13 Ch 8, Interval Estimation

Mar 20

Spring Recess

8: 6,8,18,22,28,36,40,42,56

10. Mar 27 more Ch 8

Ch 11 pp. 427-431 (Variances) 11: 6,8

11. Apr 3 Ch 9 Hypothesis Testing One Sample 9: 2,4,6,8,14,18,26,

12. Apr 10 more Ch 9 42,50,52,72,78

Ch 11 pp.431-436 (Variances) 11: 10,12

13. Apr 17 Ch 19 pp.806-813 Non-Parametric 19: 4,8,10

14. Apr 24 Meetings for Group Cases

Friday, April 28, EXAM 3, Chapters 8,9,11(part),19(part)

15. May 1 Group presentations

Preparation for Final Exam

16. May 8 FINAL EXAM , Tuesday, May 9, 8-9:55 AM. Room to be

announced. Note: This exam is not at the regularly scheduled date and time for this class. This is a special exam period for all QBA sections.

Cases and computer assignments will be due on dates to be announced in class.

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