BUS 310 Statistics
Bill Remus
TuTh 1:30pm and 3pm
Bill Remus
C502 Office Hours W 1:30-4:30 and
By Appointment
Phone: 956-7608
Email: remus@hawaii.edu

Course Objectives
To
understand how the statistical tools
work and how they can be used to
analyze data. The course will also build
your spreadsheet skills as the analyses
will be done using EXCEL for
Windows. The classroom time is
largely lecture and student problem
solving
Prerequisite
Admission
to the College of
Business including passing ICS
101 (which also uses EXCEL).
 Texts:Levine,
Krehbeil, and Berenson,
Business Statistics: A First Course, Fourth
Edition, Prentice-Hall (Required). This
explains statistical ideas, statistical tests,
and applications.
 Ng, Student’s Solution Manual, PrenticeHall (Recommended) This book has lots of
completed solutions to textbook problems.
(packaged free with new textbooks)
Grading
 Midterm
Exam . . . . . . . . . . . . . . .
50
 Cumulative Final. . . . . . . . . . . . . .
80
 In Class Exercises
. . . . . . . . . . 10
 Problem Sets . . . . . . . . . . . . . . . . . 30

TOTAL . . .
170
 (Final grades will be with plus or minus
signs)
Internet Resource
Course
Website includes handouts,
files, old exams, etc.
Problem Sets
There
are 30 points of text
problems and mini-cases. Do note
that some of these will require you
to use EXCEL and that they must
be done individually. These
problem sets should be turned in
on the due date in the syllabus.
Computer Software
 You
can use EXCEL for Windows at the
CBA Netlab and elsewhere across campus.
You can also buy and install it on your
computer; if so, be sure to install the free
ANALYSIS PAK provided by Microsoft
and the free software provided with the
textbook. We will use it for homework. You
can run it in Netlab or on any IBM
compatible PC. The problem data is on the
network or on the free CD ROM in order to
do the problems.
Schedule of Major Events
 Midterm
Thursday, Mar 1
 Ch. 1- 4, 6, 7 & 13 (50 pts)
 Cumulative Final Exam (80 points):
 Th May 10 from 12 to 2pm for the 1:30pm
section and Tu May 8 from 2:15-4:15 for
the 3pm section
 A Note
on Exams:
 You can bring an 8.5 x 11 sheet of notes to
the exams. If you miss the midterm through
due to documented sickness, the there will
be no make-up midterm but instead more
weight will be placed on the corresponding
section of the comprehensive final exam.
Chapter 1 Objectives
This chapter introduces the
field of statistics by linking
statistical thinking to the
understanding and management
of variability.

Upon completion of this chapter you should
understand:
 1.
The difference between samples and populations.
 2. The difference between categorical and numerical
variables.
 3. The difference between discrete and continuous
variables.
 4. The difference between various sampling methods.
Why Take Samples from
Populations?
Less
Costly
Quicker
More Accuracy
Feasible To Do
Kinds of Samples
Random
Systematic
Stratified
Cluster
Convenience
(see 7.4 for more detail)
Measure the Sample With:
Categorical
Scales
Numerical Scales - discrete
Numerical Scales - continuous
The Idea is to Infer from the
Sample to the Population