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BADM 3933 BUSINESS STATISTICS
COURSE SYLLABUS
NORTHEASTERN STATE UNIVERSITY
College of Business and Technology
Tahlequah, OK
INSTRUCTOR:
CONTACT
INFORMATION:
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Instructor:
Office:
Office
phone:
Office FAX:
E-mail:
Office
hours: |
Dr. Sandra
Edwards
PA 221F
918-456-5511
Ext 2928
918-458-2337
edwar001@nsuok.edu
TBA |
PREREQUISITES:
Math 1513, College Algebra and MIS 1003 or
equivalent
COURSE PURPOSE:
A study of the principles and practices of
statistical analysis as applied to business organizations
Business Statistics provides an overview of the more common statistical
techniques that are applicable in the business context. It is designed to
introduce the student to statistical theory and methods and the application of
these methods to business problems. Use of Microsoft Excel Spreadsheets for
statistical analysis will be introduced.
EXPECTED COURSE OUTCOMES:
The student will be expected to achieve the following objectives:
1. Properly present and describe information using the following
descriptive statistics tools: frequency distributions, histograms, measures of
central tendency (mean, median, mode), measures of variability (range, standard
deviation).
2. Use EXCEL software to arrange and display data and perform
statistical analysis.
3. Solve probability problems using the rules of addition and
multiplication.
4. Compute and interpret summary measures and solve probability
problems for discrete random variables.
5. Solve word problems for normal populations.
6. Explain the role of sampling in statistical data analysis.
7. Estimate parameters for populations based on information
obtained from samples.
8. Test hypotheses about population parameters based on
information obtained from samples.
9. Develop and use a simple linear regression model to explore the
relationships between dependent and independent variables.
INSTRUCTIONAL MATERIALS:
(Required Textbook)
Statistical Techniques in Business and Economics: Lind, Marchal, and
Walden, 12th ed., McGraw-Hill, 2005.
EXAMS
Four
closed book exams will be given. The questions will be derived from test bank
content questions and from practice problems performed in class. The format of
the problem questions will be similar, however a different set of numbers will
be applied. Make up exams will be given, if necessary, only on the last
of the class. DO NOT MISS THESE EXAMS!!
PROJECT
You
will need to choose one of the following data sets from the back of the book for
your project: Data Set 1, Real Estate; Data Set 2, Major League Baseball; Data
Set 4, Northwest Ohio School District. You need to be able to use a spreadsheet
product to complete the assignment. A brief overview will be given during class
period(s) before the project assignment. The project will consist of several
techniques learned throughout the class being applied to the data and
qualitative analysis conducted. The data sets can be downloaded from the
computer disc attached to the front of your book. Due dates for each section
will be provided during the semester. The completed project will be due on final
exam day. Late sections will receive 0 points for that section. NOTE:
Projects that are not individual work will receive a grade of 0.
ASSIGNMENTS
Homework will be performed in the classroom so that you will have
an opportunity to discuss topics with others in a study session environment.
Approximately twenty in-class graded assignment work days will take place. You
will be responsible for turning in fourteen of these assignments at the end of
the class they occur for a total of 140 points. ABSOLUTELY NO MAKEUP OF
MISSES WILL BE GIVEN, REGARDLESS OF THE CIRCUMSTANCES.
STUDENT EVALUATION:
Grades will be awarded on the end-of-semester
total-point basis. The possible points will be distributed as follows:
EXAMS (four @ 100 points each)....................................................................................................................................................
400
CLASSWORK/ASSIGNMENTS
........................................................................................................................................................
140
PROJECT
.......................................................................................................................................................
60
TOTAL..............................................................................................................................................
600
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