Instructor Information

Name

Dr. Hedayeh Samavati

Email

SAMAVATI@IPFW.EDU

Office location

Neff 340E

Office hours

TR: 11:00 - Noon & by appointment.

Office Phone

260-481-6487

Teaching Assistant

Name

Mr. Garret Marshall

Email

GARRETMARSHALL@YAHOO.COM

Textbooks

Required reading

Statistics for Business and Economics, Anderson/Sweeney/Williams, Southwestern Publishing Co., Tenth Edition/2008

Recommended reading

Statistics for Business and Economics Workbook, Anderson/Sweeney/Williams, Southwestern Publishing Co., 2008

Course Prerequisites

 

Math 229 or equivalent, Sophomore Standing

Course Objectives

 

1. Students are to become competent in the use of statistical methods and to be able to apply concepts, principles and techniques of decision making to the problems examined in the upper division business courses at IPFW and to those in the "real world".

2. Students are to develop an appreciation for the utility of statistical methods and the evidence these methods can provide and the way they are used in business decision making.

3. Students are to become familiar with the essential elements of computer use needed to perform statistical computing.

Course Outline

 

1. Data and Statistics. Chapter 1.
Sections: 1.1, 1.2, 1.3, 1.4, 1.5, and 1.6.

Textbook Suggested Problems:
Problems: 2, 3, 4, 10, 11,13, and 22.


2. Descriptive Statistics: Tabular and Graphical Presentations. Chapter 2.
Sections: 2.1, and 2.2.

Textbook Suggested Problems:
Section 2.1: 3, and 7.
Section 2.2: 11, 12, 13, and 15.


3. Descriptive Statistics: Numerical Measures. Chapter 3.
Sections: 3.1, 3.2, and 3.3.

Textbook Suggested Problems:
Section 3.1: 3, 4, 5, 8, 10, and 11.
Section 3.2: 13, 14, 16, 18, 22, and 23.
Section 3.3: 25, 26, 27, 28, 29, 30, and 31.


4. Introduction to Probability. Chapter 4.
Sections: 4.1 (pg. 143, pp. 148-150), 4.2, 4.3, and 4.4 (pp. 167-168).

5. Discrete Probability Distributions. Chapter 5.
Sections: 5.1, 5.2, 5.3 and 5.4.

Textbook Suggested Problems:
Section 5.1: 1, 2, 3, and 6.
Section 5.2: 7, 8, 9, 10, 12, 13, and 14.
Section 5.3: 15, 16, 17, 18, and 24.
Section 5.4: 25, 26, 27, 28, 30, 31, 33, and 35.


6. Continuous Probability Distributions. Chapter 6.
Introduction (pg. 227) and Section 6.2.

Textbook Suggested Problems:
Section 6.2: 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, and 22.


7. Sampling and Sampling Distributions. Chapter 7.
Sections: 7.3, 7.4, 7.5, and 7.7.

Textbook Suggested Problems:
Section 7.3: 11, 13, and 15.
Sections 7.4 & 7.5: 18, 19, 20, 21, 22, 23, 25, 26, and 28.


8. Interval Estimation. Chapter 8.
Sections: 8.1, 8.2, and, 8.3.

Textbook Suggested Problems:
Section 8.1: 1, 2, 5, and 7.
Section 8.2: 12, 13, 14, 15, 17, 18, and 21.
Section 8.3: 23, 25, 26, and 30.


9. Hypothesis Testing. Chapter 9.
Sections: 9.1, 9.2, 9.3, and 9.4.

Textbook Suggested Problems:
Section 9.1: 1, 2, and 3.
Section 9.3: 9, 10, 11, and 13.
Section 9.4: 23, 24, 25, 26, and 27.


10. Statistical Inference about Means of Two Populations. Chapter 10.
Sections: 10.1 and 10.2 (Independent Samples).

Textbook Suggested Problems:
Section 10.2: 10, 11, 12, 13, and 14.


11. Simple Linear Regression and Correlation. Chapter 14.
Sections: 3.5 (pp. 110 - 116), Appendix 14.2 (pp. 619 - 620), 14.1, 14.2, 14.3, 14.4, 14.5, 14.6, and 14.7.

       Problems will be provided by Dr. Samavati


      12. Multiple Regression, Chapter 15.
       Sections: 15.1, 15.2, 15.3, 15.4 and 15.5

       Problems will be provided by Dr. Samavati



Quizzes- Home-Works

 

There are nine quizzes in addition to the three exams.  Quizzes, however, are in reality just home-works!  That is, in the content for each chapter, I have provided you with the “quiz” problem(s).  After seeing the quiz problem, you can print the problem(s) and work to find the solution. Once you have the solution, you can go to the “Quizzes” icon on the homepage and take your quiz by the deadline.  Therefore, quizzes are simply computer-graded home-works. I have prepared them in this manner to create flexibility for you.

Remember the quiz problems will HELP you to figure out the answer to the quizzes. These problems and quizzes, in turn, will help you to do well on the exams. Also, remember that you have limited time and TWO chances to take a quiz. However, you have plenty of time to figure out the answer to the quiz problems before you actually take a quiz.  You will be wise to take the relevant quizzes BEFORE each exam, but you have time until the last week of classes (before the final week) to take all of quizzes.  Make sure to take them all BEFORE the deadline.


A Tentative Timetable For The Coverage Of Course Material

 

Please pay close attention to the DATES of exams and CHAPTERS over which you will be tested, WEEKS are less important. Also, slight adjustments are possible.  The professor reserves the right to vary the class schedule, depending on student response, the need for increased / decreased time for coverage of topics, and possibly important events / speakers.

 


WEEKS 1, 2 AND 3


Course Introduction, Chapter 1, Chapter 2, and Chapter 3.

WEEKS 4 AND 5


Probability, Probability Distributions, Standard Normal and Normal Probability Distributions. Chapters 4, 5, and 6.

EXAM I                        

In-class Students:  Tuesday September 30, 2008
Distance-learning Students:  Any time between Saturday, September 27 and Tuesday, September 30, 2008 (10:00 AM to 10:00 PM).

WEEKS 7 AND 8


Sampling Distributions, Chapter 7; Interval Estimates and Sample Sizes, Chapter 8.

 

WEEKS 9 AND 10


Hypothesis Testing Concerning Mean of One and Two Populations. Chapter 9, and 10.

EXAM II                    

 

In-class Students:  Tuesday, November 11, 2008
Distance-learning Students:  Any time between Saturday, November 8 and Tuesday, November 11, 2008 (10:00 AM to 10:00 PM).

WEEKS 11, 12 AND 13
Covariance and Correlation: Measures of Linear Mutual Association.
Simple Regression Analysis: Chapter 14 and computer printout of simple regression analysis.

WEEKS 14 AND 15
Multiple Regression Analysis: Chapter 15 and Review.

FINAL EXAM


12:00 section In-class Students: Tuesday, December 16, 2008, 1-3:00 PM
4:30 section In-class Students: Thursday, December 18, 2008, 4:00-6:00 PM

Distance-Learning Students: Any time between December 16 and December 18, 2008 (10:00 AM to 10:00 PM).

 

Examination and Grading Policy

 

Distance learning students will take their tests and quizzes online.
In-class students will take their quizzes online but their tests in-class.

Exam 1

25%

Exam 2

25%

Final Exam

35%

Excel Data Analysis Exercises

7%

Homework Assignments & Quizzes

8%


The following guidelines will be used to determine letter grades:

A = 90% - 100%
B = 80% - 89%
C = 70% - 79%
D = 60% - 69%
F = Less than 60%

 

Attendance, Extra Credit Work and Other Course  Policies

 

No “official” attendance will be taken.  However, extra credit work as well as in-class Excel Data Analysis Exercises is offered in-class.  Naturally, only those students in attendance will have the opportunity to earn these points.  Distance learning students must check the course web site at least once a week to make sure they are up-to-date on all e-mails sent by Dr. Samavati informing them on the extra credit opportunities, Excel data analysis exercises, and other information related to the course.

 

Additional Information

 

1. In-class students are allowed to bring a one-page “formula-sheet” to each test. The purpose of this formula sheet is to help alleviate the need for memorizing long computational forms of the formulas. Therefore, the intent is not for the students to use a summary study sheet, where the students have written a summary of all the information. The sheet must contain formulas ONLY.

2. Dates of quizzes- home works are posted on the course web site. You can see them by clicking on each quiz.  Make sure to check all the deadlines so you do not miss your quizzes and assignments.

 

3. Excel Data Analysis Exercises – In-class students will complete these exercises in class.  Distance learning students are given deadlines and will submit their work online.

4. If you are ill and cannot attend an exam, you must notify me before the exam. Those who miss an exam without notification will receive an "F" for the exam.

5.
DISABILITIES STATEMENT: If you have a disability and need assistance, special arrangements can be made to accommodate most needs. Contact the Director of Services for Students with Disabilities (Walb, room 113, telephone number 481-6658) as soon as possible to work out the details. Once the Director has provided you with a letter attesting to your needs for modification, bring the letter to me.  For more information, please visit the web site for SSD at http://www.ipfw.edu/ssd/

 

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