MGMT Business Statistics

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MGMT 2331 010 Business Statistics Course Description/Overview Introduction to statistical analysis including such topics as: descriptive statistics, probability distributions, sampling, statistical inference, and correlation and regression analysis. Prerequisites: Business Computer Information Systems 1305 and Mathematics 1324. Prerequisite Knowledge MATH 1324 & BUSI 1305 Course Technology ASU Blackboard, MS Office (Excel), McGraw Hill Connect Class Meeting Times MWF 9:00 9:50, RAS 266 Technical Support The Technology Service Center (TSC) may be contacted by calling (325) 942-2911 or 1-866-942-2911 or by email at helpdesk@angelo.edu Faculty/Instructor Information Name: Andrew Tiger, Ph.D. Title: M&M Department Chair and Associate Professor Office: RAS 212 Phone: 325-486-6418 E-Mail: atiger@angelo.edu Office Hours: MWF 10:00 to 11:00; TR 9:00 to 11:00 and by appointment. Course Objectives Learning Objectives: Upon completion of this course, students will be able to... Define common statistical terms. Identify different types of data and the applicable statistical techniques to summarize and use such data depending upon the situation. Use computer software to generate statistical output. Explain basic probability concepts and be able to use such concepts in management situations. Create confidence intervals and test statistical hypotheses.

Compute and interpret the results of bivariate regression and correlation analysis for explaining the relationship among variables. Assessment Methods Attendance, exams (midterm and final), and homework assignments will be used to assess learning in this course. Course Textbook and Required Readings E-book is included when registering for course. Author: Bowerman Edition: 5th ISBN: 978126082073 Grading Policies This course employs the following to measure student learning. Grade Calculations Percent of Grade Due Average Homework Grade 45% Weekly Midterm 20% 3/6; 3/8 Final 30% 5/8; 8:00 to 10:00 AM Attendance 5% Weekly Angelo State University employs a letter grade system. Grades in this course are determined on a percentage scale: A = 90 100 % B = 80 89 % C = 70 79 % D = 60 69 % F = 59 % and below. Response Time I will respond to email questions within one business day, and homework will be graded and posted within one week after the due date. Missed/Late Work No late work will be accepted. Assignments are posted early with reasonable deadlines to provide adequate time to complete the homework.

Participation/Absenteeism Your attendance and participation in-class are essential for your learning. If you are not present, then you would miss out on the learning available during the class. We will have in-class discussions and work on problems along with other course related things in-class that will help you to do well in this course. Research has shown that students, who regularly attend classes, generally perform better. Exams Exams are comprehensive and open book. No collaboration is allowed. Group Project N/A Homework Homework will be a combination of Learn Smart reading assignments and Excel-based problems submitted through Blackboard. On the due date, homework is always be due before class begins. Course Policies Academic Honesty and Integrity Angelo State University expects its students to maintain complete honesty and integrity in their academic pursuits. Students are responsible for understanding and complying with the university Academic Honor Code, which is in both print and web versions of the ASU Student Handbook. Academic integrity is expected. This includes, but is not limited to, any form of cheating, plagiarism, unauthorized sharing of work, or unauthorized possession of course materials. The professor assumes that all students can be trusted. Please do no violate this trust. Violation of academic integrity will result in a failing grade for the course. It is the professor s intention to be as fair and impartial as is humanly possible. Therefore, all students will be asked to adhere to the same set of guidelines and rules UNLESS there are disabilities or documented extenuating circumstances that have been discussed with the professor and the Student Life Office. Please make sure you inform the professor as soon as any situation arises. Do NOT wait until the problem is compounded by poor class performance, poor attendance, etc. Code of Ethics Students, faculty, administrators and professional staff of the College of Business should always: Be forthright and truthful in dealings with all stakeholders Take responsibility for one s actions and decisions Serve as an example of ethical decision-making and behavior to others Admit errors when they occur, without trying to conceal them Respect the basic dignity of others by treating them as one would wish to be treated

Courtesy and Respect Courtesy and respect are essential ingredients to this course. We respect each other's opinions and respect others points of view at all times while in our class sessions. The use of profanity and harassment of any form is strictly prohibited (Zero Tolerance), as are those remarks concerning one's ethnicity, life style, religion, etc., violations of these rules will result in appropriate disciplinary actions. Accommodations for Disability ASU is committed to the principle that no qualified individual with a disability shall, on the basis of disability, be excluded from participation in or be denied the benefits of the services, programs or activities of the university, or be subjected to discrimination by the university, as provided by the Americans with Disabilities Act of 1990 (ADA), the Americans with Disabilities Act Amendments of 2008 (ADAAA), and subsequent legislation. Student Affairs is the designated campus department charged with the responsibility of reviewing and authorizing requests for reasonable accommodations based on a disability, and it is the student s responsibility to initiate such a request by emailing studentservices@angelo.edu, or by contacting: Mrs. Dallas Swafford Director of Student Development Office of Student Affairs University Center, Suite 112 325-942-2047 Office 325-942-2211 FAX Dallas.Swafford@angelo.edu Student absence for religious holidays As stated in the Angelo State University Operating Policy and Procedures (OP 10.19 Student Absence for Observance of Religious Holy Day), a student who intends to miss class to observe a religious holy day should make that intention known in writing to the instructor prior to the absence. A student who is absent from classes for the observance of a religious holy day shall be allowed to take an examination or complete an assignment scheduled for that day within a reasonable time after the absence. Course Drop To view information about how to drop this course or to calculate important dates relevant to dropping this course, you can visit http://www.angelo.edu/services/registrars_office/course_drop_provisions.php. Incomplete as a Course grade As stated in the Angelo State University Operating Policy and Procedure (OP 10.11 Grading Procedures), the grade "I" is given when the student is unable to complete the course because of illness or personal misfortune. For undergraduates, an "I" that is not removed before the end of the next long semester automatically becomes an "F". A graduate student will be allowed one year to remove a grade of "I" before it automatically becomes an "F". To graduate from ASU, a student must complete all "I's".

Grade Appeal Process As stated in the Angelo State University Operating Policy and Procedures (OP 10.03 Student Grade Grievances), a student who believes that he or she has not been held to appropriate academic standards as outlined in the class syllabus, has experienced inequitable evaluation procedures, or inappropriate grading practices, may appeal the final grade given in the course. The burden of proof is upon the student to demonstrate the appropriateness of the appeal. A student with a complaint about a grade is encouraged to first discuss the matter with the instructor. For complete details, including the responsibilities of the parties involved in the grade appeal process and the number of days allowed for completing the steps in the process, see Operating Procedure 10.03 at: http://www.angelo.edu/content/files/14196-op-1003-gradegrievance.

Course Outline MGMT 2331 10 MWF 9 RAS 266 Wk Monday Day Topic Sections Detail Learning Smart HW 1 1/14/2019 M Introductions,Syllabus, Connect 1/16/2019 W Chapter 1 - Introduction to Business 1.1, 1.2, Why? Population vs. Samples, Measurement Statistics 1.3, 1.5 Scales 1/18/2019 F Formula. Copy/paste. Relative/Absolute Reference LS 1 2 1/21/2019 M No class - MLK Holiday 1/23/2019 W Chapter 2 - Desriptive Stats - Tables and Graphs 2.1, 2.2 (Relative) Frequency Distribution, Histograms Excel 1 1/25/2019 F 2.5 Tables (and Slicers), PivotTables, Frequency() formula 3 1/28/2019 M Chapter 3 - Desriptive Stats - Mean, median, mode, range, standard 3.1, 3.2 Numerical Methods deviation, variance, emperical rule LS 2 1/30/2019 W 3.3 z-score, percentiles/quartiles, box-andwhiskers Excel 2 2/1/2019 F 3.5 Weighted means and grouped data 4 2/4/2019 M Scatterplots, correlation, and Scatterplot, slope(), intercept(), equation, R2, 2.6 regression predicting LS 3 2/6/2019 W 3.4 Correlation and Least Squares Line Excel 3 2/8/2019 F 13.1 Simple linear regression 5 2/11/2019 M Chapter 4 - Probability 4.1, 4.2 Probability - determining? Experiments/samples spaces/events 2/13/2019 W 4.3 Probability rules, Venn diagrams Excel 4 2/15/2019 F 4.4 Conditional probability and multiplication rule 6 2/18/2019 M Chapter 5 - Discrete Random Random Variables, Discrete vs. Continuous, 5.1, 5.2 Variables Discrete Probability Distributions LS 4 2/20/2019 W 5.3 Binomial Distribution Excel 5 2/22/2019 F Chapter 6 - Continuous Random Variables 6.1, 6.2 Uniform Distribution 7 2/25/2019 M 6.3 Normal Distribution LS 5 2/27/2019 W 6.3 Normal Distribution Excel 6 3/1/2019 F Review LS 6 8 3/4/2019 M Midterm Week Review Excel 7 3/6/2019 W Midterm 1 3/8/2019 F Midterm 2 9 3/11/2019 M 3/13/2019 W Spring Break 3/15/2019 F 10 3/18/2019 M Chapter 7 - Sampling and Sampling Random Sampling, Sampling Distribution of 7.1. 7.2 Distributions Sample Mean, CLT 3/20/2019 W 7.2 Central Limit Theorem 3/22/2019 F Chapter 8 - Confidence Intervals 8.1 Confidence Interval for a population mean (sigma known); z-distribution LS 7 11 3/25/2019 M 8.2 Confidence Interval for a population mean (sigma estimated); t-distribution Excel 8 3/27/2019 W 8.3 Sample Size 3/28/2019 Last Day to Drop 3/29/2019 F Chapter 9 - Hypothesis Testing 9.1 Testing Steps, Null vs. Alternative, Testing Errors 12 4/1/2019 M 9.2 Z test on population mean, sigma known LS 8 4/3/2019 W 9.3 t test on population mean, sigma estimated Excel 9 4/5/2019 F 9.7 Variance test 13 4/8/2019 M Chapter 10 - Testing Based on Two Samples 10.1 Two Means - Independent Samples LS 9 4/10/2019 W 10.2 Mean Test - Paired Samples Excel 10 4/12/2019 F 10.5 Two Variances using F test 14 4/15/2019 M Chapter 11 - ANOVA 11.1, 11.2 One-way ANOVA LS 10 4/17/2019 W Chapter 12 - Chi-square Tests 12.2 Chi-square test for independence Excel 11 4/19/2019 F No class 15 4/22/2019 M Chaper 13 - Simple Linear Regression 13.1 Review of scatter plot, Data Analysis Add-In 4/24/2019 W 13.2 Standard Error Excel 12 4/26/2019 F 13.4 Confidence and Prediction Intervals 16 4/29/2019 M Chapter 14 - Multiple Regression 14.1, 14.3 Multiple Regression, R2, and Adjusted R2 LS 13 5/1/2019 W Final Review 5/3/2019 F Final Review Excel 13 17 5/6/2019 W Final - Wednesday, May 8, 8 to 10 LS 11, LS 12 Excel HW