MIS 301, Statistical Analysis for Business SYLLABUS, SPRING 2013, Schedule: 21876 Class Hours: TTH 9:30am-10:45pm Classroom: GMCS-324 Instructor: Bongsik Shin, Ph.D Office: SS-3118 Email: bshin@mail.sdsu.edu Office Hours: M (5:30 pm – 6:30 pm), T (11:00 -12:00 pm), or by appointment General BSBA Goals BSBA students will graduate being Effective Communicators, Critical Thinkers, Able to Analyze Ethical Problems, Global in their perspective, and Knowledgeable about the essentials of business. This class contributes to those goals through its student learning outcomes. Course Overview & Learning Objectives This course is to learn fundamental statistical techniques and how they are applied to various decision-making situations. For this, the course covers key concepts and analytical techniques of statistics. Upon completing this course, you should be able to 1. Conduct exploratory data analysis 2. Communicate the results of statistical analyses in tables and figures. 3. Apply probability theory in decision-making situations. 4. Use a sample to make a statistical inference about a population. 5. Formulate hypotheses for decision-making and research. 6. Test hypotheses using various statistical techniques including sample t-tests, analysis of variance, correlation, and regression. Required textbook: Basic Statistics for Business and Economics (8th Edition), McGraw Hill by Lind, Marchal, and Wathen General Class Policy Although not part of course grading, attendance is strongly encouraged. There is a correlation between class attendance and student performance. Especially, students struggle with theory-based test questions after missing classes. Course information including the syllabus, lecture notes, and exam scores will be updated on Blackboard. Students are responsible to visit Blackboard frequently to be updated on the class progress and report discrepancies immediately. Students are required to turn off all laptops and cell phones before the class starts. Any student using them during the class will be asked to leave. Also, students are not allowed to use a cell phone as a calculator during the test. Cheating will not be tolerated. A student caught giving or receiving assistance to/from another student(s) during an exam will be asked to leave and will receive an F for the 11 course. Every case will be reported to the Center for Student Rights and Responsibilities for a possible disciplinary action. Please do not chat with classmates during the class and also do not pack up early. These behaviors disturb the class. To be fair to all students in final grading, individual extra-credit opportunities will NOT be provided. Also, there will be NO artificial jack up of a final grade because of personal reasons. Class withdrawal: Once the official deadline passes, students will not be allowed to withdraw due to low test scores. Also, students are not given an incomplete grade due to poor class performance. Students are encouraged to visit undergraduate business advising center to consult if such situation rises. Quizzes To encourage class attendance and better class preparation, there will be unannounced quizzes throughout the semester. Each quiz will have one multiple-choice, computational question. For this, students will be pre-assigned homework questions from a covered chapter. Students should always carry a Scantron (Form No 815-E) and a calculator to prepare for the ad hoc quiz. The chance of having a class quiz gets higher as the semester progresses. Tests There are four exams — the fourth exam being the final. All exams must be taken at their scheduled time and at the course venue. No early or late examination is allowed. All students who are taking the test at the DSS center (594-6473) should see the instructor. Lectures and lecture slides define the test scope. The formula sheet at the end of the textbook will be handed out on the test day. The formula sheet will be reused to save trees, so please keep it CLEAN. No other cheat sheet or summary sheet is allowed during the test. There will be 15 multiple-choice questions (5 points each), totaling 75 points for each test. The test lasts 60 minutes (4 minutes for each question). Students are required to bring a Scantron sheet (Form 882-E). Tests will include both conceptual and computational questions. Students are allowed to use a calculator of his/her choice during an exam and is allowed to write on the test (but NOT on the formula sheet) to solve questions. The RedID (NOT the driver’s license) should be deposited to take a test. Grading 22 Score distribution: Midterm exam 1 ---------------------Midterm exam 2 ---------------------Midterm exam 3 ---------------------Final exam ----------------------------Quizzes --------------------------------Total ------------------------------------ 75 points 75 points 75 points 75 points + 300+ points Final grades are curved according to the following approximation: A A- B+ B BC+ C C- D+ D D- F 4% 5% 7% 9% 11% 17% 17% 11% 8% 6% 3% 2% All marketing majors should receive at least a solid ‘C’ to pass this course. When it comes to grading, all students are treated equally. Official grades are not given for the scores of mid-term tests. But you can have a general idea of your performance based on “Column Statistics” available on Blackboard. Tentative Course Outline The week-to-week progress may vary and the class coverage may not keep up with the tentative plan. Exams are, however, held on the scheduled date. Dates 1/17 1/22 1/31, 2/5 2/7, 12, 14 Lecture Topics Textbook Chapter(s) Introduction What is statistics? 1 Describing Data: Frequency Distribution & Graphic Presentation 2 Describing Data: Numerical Measures 3 Describing Data: Displaying and Exploring Data 4 Discrete Probability Distributions 6 Continuous Probability Distributions 7 2/19 2/21, 26 2/28, 3/5 3/ 7, 12 Mid-term test 1 Sampling Methods and the Central Limit Theorem Estimation and Confidence Interval One-Sample Tests of Hypothesis 8 9 10 3/14 3/19, 21 3/26, 28 4/9, 4/11 Mid-term test 2 Two-Sample Tests of Hypothesis Analysis of Variance Correlation and Linear Regression 11 12 13 4/16 4/18, 23, 25 4/ 30, 5/2, 5/7 Mid-term test 3 Multiple Regression Analysis Non-parametric Methods: Goodness-of-fit Tests 14 15 5/16 Final Exam (8:00 – 10:00) 1/24, 29 33