Department of Management Term Course/CRN/Section Title Schedule : : : : Summer 2014 2120/30589/0 (3 Credit hours) Contact Information: Instructor Office Location Office Phone Office Hours Email Address : : : : : Parthasarati Dileepan, Ph.D. Fletcher Hall 106 (865) 315-8280; Campus: 423-425-4675; 1:00 – 2:30 p.m. M, T, W, Th on Google Plus Hangout; By appointment Dileepan@mocs.utc.edu Statistical Methods for Business II 06/25/2014 to 08/05/2014 Location: Internet ADA STATEMENT: If you are a student with a disability (e.g. physical, learning, psychiatric, vision, hearing, etc.) and think that you might need special assistance or a special accommodation in this class or any other class, call the Disability Resource Center (DRC) at 425-4006 or come by the office, 102 Frist Hall. If you find that personal problems, career indecision, study and time management difficulties, etc. are adversely affecting your successful progress at UTC, please contact the Counseling and Career Planning Center at 425-4438 or http://www.utc.edu/Administration/CounselingAndCareerPlanning/. ____________________________________________________________________________ COURSE DESCRIPTION Advanced concepts of statistical inference including hypothesis testing for two populations, contingency, tables, goodness of fit, analysis of variance, and simple and multiple regression analysis. Emphasis is on computer solutions of business statistical applications. PREREQUISITES MGT 1000 or CPSC 1000, MGT 2110 or MATH 2100 with a minimum grade of C, and Math ACT score of 26 or above or MATH 1130 or MATH 1710 with a minimum grade of C or MATH 1720 or MATH 1830 or MATH 1910, or department head approval. OBJECTIVES Develop practical skills for statistical estimation and inference, ANOVA, and Regression Analysis, for business decision making. Build strong proficiency in the use of computer spreadsheet for statistical data analysis. Specifically, students will get an opportunity to develop expertise to: perform data analysis using computer spreadsheet software use Excel spreadsheet functions for confidence intervals and hypothesis testing use Excel spreadsheet functions for ANOVA problems use Excel spreadsheets for regression analysis Areas of competency developed will be written communication and computer skills. TEXT General MindLink for MindTap Business Statistics Instant Access for Anderson/Sweeney/Williams/Camm/Cochran's Statistics for Business & Economics, 12th Edition AUTHORS: Anderson/Sweeney/Williams/Camm/Cochran - ©2014 ISBN10: 1-285-58727-8 ISBN13: 978-1-285-58727-1 COURSE CONDUCT The content of the course will be delivered online through the Blackboard. A learning module for each chapter will be made available in Blackboard. The learning module will contain all the necessary materials for mastering the content of the chapter. These materials include, but not limited to: Powerpoint notes Audio/video files presenting content Video files describing how to solve the class example problems, and Any other material that may be appropriate There will also be a course schedule section. In this section I will have one folder for each class. This folder will contain a list of tasks to complete for each class. This list of tasks will include, but not limited to: Reading assignment Learning module content to view and complete, and Homework assignment to submit GRADING Two exams Homework Quiz 200 100 80 EXAMS Exams will be open book and open notes. Exams will be administered as follows: Exam 1 July 16, 2014 (Wednesday) 10:00 – 12:30 p.m. Location: Fletcher Hall, 314/316 Exam 2 August 5, 2014 (Tuesday) 10:00 – 12:30 p.m. Location: Fletcher Hall, 314/316 Students who are out of town, or, who are unable to take the exam as indicated above must make alternative arrangement for taking the exams. Many local libraries offer free proctoring service. COB student services office may be able to help as well. In all these instances it is the student’s responsibility to make the necessary arrangements in a timely fashion. HOMEWORK Homework will be assigned every class day of the week and will be due the next class day Homework must be completed in Excel and must be submitted in Blackboard Emailed homework files will NOT be graded No late homework will be accepted if it is more than 3 weekdays late First two late homework submitted within 3 weekdays from due date will be accepted with no penalty 5% penalty per weekday will be assessed for the third to fifth late homework submitted within 3 weekdays from due date No late homework will be accepted after the fifth late homework GRADING SCALE A: Average > 90%; B: 80% < Average < 90%; C: 70% < Average < 80%; D: 60% < Average < 70%; F: Average < 60% TECHNOLOGY PREREQUISITE High speed internet Excel 2010 or later with Data Analysis (Mac users can use StatPlus:mac LE – a free edition of StatPlus:mac Professional developed by AnalystSoft, available for download at this link: http://www.analystsoft.com/en/products/statplusmacle/ Familiarity with Google Plus Hangouts This is an online course. All course materials and homework will be made available online via Blackboard. Therefore, students must have access to high-speed internet. Not having adequately fast internet will not be accepted as a legitimate excuse for completing or submitting any requirements late. Also, I will be having office hours for this online course via Google Plus Hangouts. The UTC Mocs email account comes with Google Plus account. It is the student’s responsibility to get trained in the use of Google Plus Hangouts. Summer 2014 - MGT 2120 Class Schedule (Subject to change) Exam 1: July 16, 2014 (Wednesday) Chapter Topic 1-9 2110 Review (Selected sections) 10 Two population 11 Population variances 12 Goodness of fit Important Dates July 4, 2014 July 16, 2014 (Wednesday) July 25, 2014 (Friday) August 5, 2014 (Tuesday) : : : : Exam 2: August 5, 2014 (Tuesday) Chapter Topic 13 Analysis of variance 14 Simple Linear Regression 15 Multiple Linear Regression 16 Model building Holiday Exam 1 Last day to drop with W Exam 2 Honor Code: The Honor Code is based upon the assumption that the student recognizes the fundamental importance of honesty in all dealings within the University community and that education is a cooperative enterprise between student and teacher and between student and student. Any act of dishonesty violates and weakens this relationship and lessens the value of the education which the student is pursuing. The Honor Code and the Honor Court and its procedures are detailed in the Student Handbook. Career advice If you find that personal problems, career indecision, study and time management difficulties, etc. are adversely affecting your successful progress at UTC, please contact the Counseling and Career Planning Topics covered Review of MGT 2110 topics: Chapter 1: §1.2 Data §1.3 Data Sources §1.4 Descriptive Statistics §1.5 Statistical Inference §1.6 Computers and Statistical Analysis Chapter 2: § 2.1 Summarizing Categorical Data § 2.2 Summarizing Quantitative Data § 2.3 Summarizing Data for Two Variables using Tables § 2.4 Summarizing Data for Two Variables using Graphical Displays Chapter 3: §3.1 Measures of Location §3.2 Measures of Variability §3.3 Measures of Distribution §3.4 Five Number Summary and box Plots §3.5 Measures of Association Between Two Variables Chapter 5: Discrete Probability §5.1 Random Variables Chapter 6: Continuous Probability Distributions §6.2 Normal Probability Distribution Chapter 8: Interval Estimation §8.2 Population Mean: unknown §8.4 Population Proportion Chapter 9: Hypothesis tests §9.1 Developing null and alternative hypotheses §9.2 Type I and Type II Errors §9.4 Population Mean: s unknown §9.5 Population Proportion MGT 2120 topics Chapter 10: Inference about means and proportions with two populations §10.1 Inference about the difference between two population means: 1 and 2 known §10.2 Inference about the difference between two population means: 1 and 2 unknown §10.3 Inference about the difference between two population means: Matched samples §10.4 Inference about the difference between two population proportions Chapter 11: Inferences about population variances §11.1 Inferences about a population variance §11.2 Inferences about two population variances Chapter 12: Comparing multiple proportions, tests of independence and goodness of fit §12.1 Goodness of Fit: A Multinomial Population §12.2 Test of independence §12.3 Goodness of fit test Chapter 13: Experimental design and Analysis of variance §13.1 An introduction to experimental design and Analysis of variance §13.2 Analysis of variance and the completely randomized design §13.3 Multiple comparison procedures §13.4 Randomized block design §13.5 Factorial experiment Chapter 14: Simple Linear Regression §14.1 Simple linear regression model §14.2 Least squares method §14.3 Coefficient of determination §14.4 Model assumptions §14.5 Testing for significance §14.6 Using the estimated regression equation for estimation and prediction §14.7 Computer solution §14.8 Residual analysis: Validating model assumptions §14.9 Residual analysis: Outliers and influential observations Chapter 15 Multiple Regression §15.1 Multiple regression model §15.2 Least squares method §15.3 Multiple coefficient of determination §15.4 Model assumptions §15.5 Testing for significance §15.6 Using the estimated regression equation for estimation and prediction §15.7 Categorical independent variables §15.8 Residual analysis §15.9 Logistic regression Chapter 16: Regression analysis: Model building §16.1 General linear model §16.2 Determining when to add or delete variables §16.3 Analysis of a larger problem §16.4 Variable selection procedures §16.5 Multiple regression approach to experimental design §16.6 Autocorrelation and the Durbin-Watson test