Lewis-Clark State College Econ 3, PSYC 3, SS 3: Statistical Methods Fall 215 Instructor: Instructor Info: Luther Maddy, Ph.D. Ph.D. Organizational learning and leadership University of Idaho MBA Management - Golden Gate University I have many years of experience as a small business owner. I owned a small vocational training school for 17 years. I have been teaching adults for many years. My research interests are career development and intervention. Contact Info: 28-792-272 Email: Lmmaddy@lcsc.edu Office Hours: Room 222 TJH Monday: 9: 11:3, 1:3 2:3 Wednesday: 9: 11:3, 1:3 2:3 Thursday: 9: 1: Required Text: Lind, Marchal, Wathen: Basic Statistics for Business and Economics, 8e. Publisher: McGraw/Hill Irwin. ISBN-13: 978--7-352147-3 Required Software: Students will need to have access to Excel 21 or 213 on a Windows based computer. Students with Excel on Apple computers may need to find access to a Windows based computer to complete some exercises.. Prerequisites: Courses: MATH 13 or higher. Skills: Students must be able to utilize MS-Office Suite applications including WORD, EXCEL; have good oral & written communication skills; be able to communicate via email including submitting course work via email attachments; and be able to do research on the Internet. Course Overview & Objectives: This course is designed to give you a good working knowledge of Essential Business Statistics. You will learn to use descriptive and inferential statistical concepts, commonly used in business and social science research. Concepts will be reinforced through testing and application. Topics covered include: measures of central tendency, measures of variability, correlation methods, hypothesis testing and simple analysis of variance, multiple regression models lcmail.lcsc.edu: All students are required to assure that they have access to lcmail.lcsc.edu, and that they understand how to access and use the academic/course features of the system. All email to students from the instructor will be sent to this email account. The portal is available at www.lcsc.edu. IMPORTANT NOTE: If you need course adaptations or accommodations because of a disability, if you have emergency information to share with me, or if you need special arrangements in case the building must be evacuated, please make an appointment to talk with me as soon as possible. Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 1
Grading: Grading will be based on the following course requirements and examinations: # Item Points ea. Total PTs % of grade 15 Chapter Quizzes 5 75 17% 15 Homework Problem assisgnments 5 75 17% 1 Mid Term (proctored) 1 1 22% 1 Final Exam (proctored) 1 1 22% 1 Final Project/Report 1 1 22% Total Points possible 45 Accumulated points will be divided by the total available and a grade will be determined using the following percentage scale: % Range Grade % Range Grade 92% to 1% A 7% to 77% C 9% to 91% A- 68% to 69% D+ 88% to 89% B+ 6% to 67% D 82% to 87% B % to 59% F 8% to 82% B- See catalog I 78% to 79% C+ Due Dates: All quizzes and assignments to be turned in must be submitted before Sunday at midnight on the week it is due. Late work policy: All work MUST be completed on time (before midnight Pacific Time of date due). If anything is time stamped after the 11 p.m. on the due date no points will be given. In extenuating circumstances only, an extension with reduced point totals may be granted at the discretion of the instructor; however, the student must notify instructor PRIOR to due date/time. Quizzes: There will be a quiz for each assigned module, covering all reading and homework assignments in that module, for a total of 15 quizzes. Quizzes are multiple choice and worth 5 points each. These quizzes will reinforce the readings and cover definitions and concepts in each chapter and will include computations. Quizzes are open book and will be taken in Blackboard. Quizzes must be completed before Sunday at midnight on the week the chapter is assigned. There will be a time limit for each quiz and the quizzes will be shut down in Blackboard after they are due. Quizzes cannot be made up and will not be reopened in Blackboard. Homework : from each chapter are assigned as homework. Working through these problems will help you understand the principles outlined in the chapters. Each set of problems is worth a total of 5 points. Students should review the online lectures, PowerPoints, instructor announcements and tutorials before attempting the homework. You will submit your homework in blackboard homework before it is due. Late homework will not be accepted. Specific homework problems may be discussed after submission in instructor announcements and discussion board. The use of Excel is required in solving many homework problems and the use of Excel on a Windows based computer will often be shown in the online lectures and demonstrations. If homework problems are done in Excel, be sure to submit the Excel file as your homework. Full Credit: ¾ credit: Half Credit: correct methodology and correct answer correct methodology and incorrect answer incorrect methodology and incorrect answer, with apparent effort Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 2
¼ Credit: ¼ Credit: incorrect methodology, but achieving correct answer (note some most problems have the answer in the back of the book so you can work backwards if necessary) writing out the formula and getting started on the problem Credit: not trying to solve the problems Midterm and Final: The midterm and final will cover several chapters. These will be completed in class and will include terminology and problems. Prior of each of these there will be a review worksheet available to assist you in preparing for these. However, the best preparation is to complete the quizzes and homework problems, ensuring you understand the concepts covered in each chapter. The final and midterm will also be open book, but not open note. Both the midterm and final will be proctored exams for online students. Both the final and midterm are multiple choice and are open book because there are so many formulas referenced in the chapters. Final Project: The "deliverable" of your final project will consist of two files submitted in Blackboard. The first file will be your written report submitted as a Word document. You will also submit an Excel file that shows your data and your analysis. Your report (Word document) should include the following sections clearly identified with headings: A. Introduction. Explain what you studied and why you choose this topic? This section will also include a brief description of what you are trying to test with this data. B. Data. Explain the data used. Where did you locate it? What was the source? How current is this data? Describe the purpose of the study that produced the data. List and describe the variables you included form this data in your study. What are the values of these variables and what do these values signify? C. Descriptive statistics: Your initial analysis of your variable(s). Summarize these and include a table with a brief discussion of these statistics. D. Hypothesis testing: Detail all five steps in the hypothesis testing process in narrative form. Be sure to choose the correct critical value and test statistic (z, t, f). Summarize your results in table format. E. Conclusion. Conclude your report in a concise paragraph or two. This should be a clear statement of what you learned from your hypothesis test. Your report will consist of at least 2 pages of text, not including any charts, graphs or tables. It should be well written and typo free. It should also be written in APA style. F. Excel File: Remember to also submit an Excel file that shows the data and your analysis. Final Project Grading Rubric Element Points Possible Points Earned Required Sections developed: Introduction 1 Data 1 Descriptive Statistics 1 Hypothesis Testing five steps 1 Conclusion 1 Excel File 1 Content Analysis correctly detailed and 3 Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 3
explained. Hypotheses correctly stated. Grammar Typo and grammatical error free 1 Total Points 1 Class Participation and Attendance: Your attendance and/or participation is an important component of your learning. Not only will your attendance and participation prepare you to complete the assignments, it is also part of your grade. Missing class: If you are going to miss class for any reason, please contact me in advance. Quizzes and examinations cannot be made up. If you miss class without prior approval during a quiz or test day, you will take a score of zero on the quiz or test that was missed. No exceptions and no excuses. Test and quizzes can only be taken before the test or quiz date. Students missing class are responsible to get any lecture notes from other students in the class. Course assignments such as homework or papers are always due on the assigned due date. My commitment to you: I will provide prompt feedback on your submitted assignments and tests. I will make myself available as needed if you have questions. I will do my best to ensure that students have the resources needed to learn the topics covered in this course. Econ 3: Statistical Methods IACBE Accreditation A. Accounting (ACT) B. Marketing (MKT) C. Finance (FIN) D. Management 1. Management Principles (MGT) 2. Organizational Behavior (OB) Component 3. Human Resource Management (HRM) 4. Operations Management (OM) Hours Total Management E. Economic/Social/Legal Environment 1. Legal Environment of Business (LAW) 2. Economics (ECN) 3. Business Ethics (ETH) 1 Total Economic/Social/Legal Environment 1 F. Decision-Support Tools 1. Information Systems (IS) 2. Quantitative Methods/Statistics (QM) Total Decision-Support Tools 49 G. Global Dimensions of Business (GLOB) H. Integrative Experience (INT) Total Contact Hours 5 Consumer Information In 28, the federal government required all post-secondary institutions offering federal financial aid programs to provide key data to both prospective and current students. To comply with this requirement, Lewis-Clark Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 4 4 45
State College has developed a consumer information page, which may be accessed at http://www.lcsc.edu/student-consumer-information/ Disability Accommodations Students requiring special accommodations or course adaptations due to a disability and/or a health-related issue should consult their course instructors and the LCSC Student Counseling Center immediately (RCH 111, 792-2211). Official documentation may be required in order to provide an accommodation and/or adaptation. Student Rights and Responsibilities Students have the responsibility for knowing their program requirements, course requirements, and other information associated with their enrollment at LCSC. Students should review the LCSC General Catalog (http://webdev.lcsc.edu/catalog and the LCSC Student Handbook (http://www.lcsc.edu/media/1152314/13-14- Student-Handbook-Revised.pdf) for more information. Accidents/Student Insurance Students participating in LCSC classes normally must look to their personal health insurance policy (Student Health Insurance Plan or comparable private coverage) should an accident occur. In the event of an accident, please seek medical help, if necessary, and report the incident to LCSC Security (792-2226). Fieldtrips or other special student activities may also require students to submit a signed participation waiver (forms can be obtained from the supporting Division Office). Enrollment Verification/Attendance Students who are not actively pursuing their classes may have to repay part or all of their financial aid awards depending upon the circumstances. Academic Dishonesty Academic dishonesty, which includes cheating and plagiarism, is not tolerated at LCSC. Individual faculty members will impose their own policies and sanctions regarding academic dishonesty. Students who are accused of being academically dishonest may be referred to the VP for Student Affairs for official disciplinary action. Illegal File Sharing Students using LCSC s computers and/or computer network must comply with the college s appropriate use policies and are prohibited from illegally downloading or sharing data files of any kind. Specific information about the college s technology policies and its protocols for combating illegal file sharing may be found on the VP for Student Affairs web page (http://www.lcsc.edu/student-affairs/student-code-of-conduct/ ). Diversity Vision Statement Regardless of race, color, age, sex, religion, national origin, disability, veteran status, or sexual orientation, you will be treated and respected as a human being. Disclosures During this course, if you elect to discuss information with me which you consider to be sensitive or personal in nature and not to be shared with others, please state this clearly. Your confidentiality in these circumstances will be respected unless upholding that confidentiality could reasonably put you, other students, other members of the campus community, or me in danger. In those cases or when I am bound by law to report what you have told me, such as incidents involving sexual assault or other violent acts, I will submit a report to appropriate campus authorities. Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 5
Class Schedule #1 of (Aug 24) Class Session Topic Syllabus/ Course Overview Chapter 1: Data and Statistics Homework & Assignments Due 9-13 (p. 17) Chapter #1 Quiz #2 (Aug 31) Part #1 Chapter 2: Frequency Distribution and Graphic Presentation Chapter #2 Quiz 7-9 (p. 35) 21-22 (p. 45) Part #2 Chapter 3a: Mean, Median & Mode (Due Wednesday at 11 pm) 1-4 (p. 64) 23-24 (p. 7) 25 26 (p.73) (complete by Sunday, but submit all chapter problems as one assignment in Blackboard) #3 (Sep7) #4 (Sep 14) Part #1 Chapter 3b: Standard Deviation Dispersion Part #2 Chapter 4: Displaying and exploring data Chapter 5: Probability concepts Chapter #3 Quiz 27-3 (p. 78) 33-34 (p.82) 39-44 (p.84-85) (Due Wednesday at 11 pm) Chapter #4 Quiz 3-4 (p. 14) 11-14 (p.112) Chapter #5 Quiz 11 13 (p. 14) 23 27 (p. 148) #5 (Sep 21) Chapter 6: Random Variables Discrete Probability Binomial Probability Poisson Probability Chapter #6 Quiz 1-5 (p. 173) 9-12 (p. 18) 25-29 (p.188) Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 6
#6 (Sep 28) Class Session Topic Chapter 7: Uniform Probability Normal Probability Homework & Assignments Due Chapter #7 Quiz 1-3 (p. 2) 7-11 (p. 27) 13-16 (p. 21-211) 17 19 (p. 213) 23 25 (p. 215) Probability Distribution Worksheet #7 (Oct 5) Chapter 8a: Selecting a sample Sampling errors Central Limit Theorem Sampling distribution Chapter #8 Quiz 1-2 (p. 23-231) 5-9 (p. 236-237) 15-18 (p. 247) 31-32 (p. 251) #8 (Oct 12) Midterm Review Midterm (Chapters 1 8) Proctored #9 (Oct 19) Part #1 Chapter 9: Estimation and confidence intervals Chapter #9 Quiz due next class 1 3 (p. 265) 9-11 (p. 273) 15 17 (p. 277) 19-22 (p. 281) (Due Wednesday at 11 pm) Part #2 Chapter 1: One sample hypothesis testing Chapter # 1 Quiz 1 4 (p. 33-34) 9 11 (p. 39) 15 17 (p. 312) 21-22 (p. 316) #1 (Oct 26) Part #1 Chapter 11: Two sample tests Chapter # 11 Quiz 1 3 (p. 331) 7 8 (p. 335-336) 13-15 (p. 341) 19 21 (p. 349) Hypothesis Testing Worksheet (Due Wednesday at 11 pm) Part #2 Chapter 12: Analysis of Variance Chapter #12 Quiz 1 3 (p. 366) 7 8 (p. 375) Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 7
#11 (Nov 2) Class Session Topic Chapter 13: Correlation & Linear Regression Homework & Assignments Due Chapter #13 Quiz due next class 1 2 (p. 4) 7 8 (p. 44) 13 14 (p. 41-411) 25-26 (p. 417) 29 3 (p. 419) #12 (Nov 9) Tuesday Thursday Chapter 14: Multiple Regression Chapter #14 Quiz 1-3 (p. 449) 7-8 (p. 461-462) 9-1 (p. 474) #12 (Nov 16) Tuesday Chapter 15: Nonparametric Methods Regression Analysis Worksheet Chapter #15 Quiz due next class 1-3 (p. 53) 17-18 (p. 52) Thursday Work on final project ( of Nov 23) #13 (Nov 3) Tuesday Thursday Thanksgiving Break Work on final project Final Project #14 (Dec 7) Tuesday Thursday Review for final exam Review for final exam #15 (Dec 14) Final Exam (Chapters 9-15) Proctored NOTE: This syllabus is subject to change. Additional lecture topics may be added, minor changes to the schedule of topics, and changes to course policies may be required as the course progresses, and as deemed appropriate by the instructor. Statistical Methods (Econ, SS, PSYC 3) Syllabus P a g e 8