Busness Statistics Syllabus Fall 2011

8/10/2019 Busness Statistics Syllabus Fall 2011

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Business Statistics (BMGT 230 and BMGT 230B)

SYLLABUS

FALL 2011

Instructor: Dr. Radu LazarOffice: 4348 Van Munching Hall

Office hours: MW 3:30p.m.-4:30p.m.,Tu 9:30a.m.-11:30a.m., and also by appointment

Phone: 301-405-9977 (please email me instead of leaving voicemail)

Email:[email protected]

Course ID: lazar40384

TAs:

Catherine Thompson

([email protected])

Reyner Fouch ([email protected])

Aalap Trivedi ([email protected]) Leanna Gong ([email protected])

Sherry Feng ([email protected]) Arasp Biparva ([email protected])

Michael Lu ([email protected]) Qiao Yin ([email protected])Nazar Tsitsyala ([email protected]) Brian Weinblatt ([email protected])

TA office: 4468 Van Munching Hall

TA office hours: TBA

If you need help with the class you can see me or any of the TAs during the above office hours.

Lecture: Where and When

Sections 0101 - 0107: M, W 9:30 a.m.10:45 a.m., Van Munching Hall 1524

Sections 02010207: M, W 11:00 a.m.12:15 p.m., Van Munching Hall 1524

Section 03010307: M, W 2:00 p.m.3:15 p.m., Van Munching Hall 1524

You should attend the section in which you are enrolled.

Course description and objectives

This is an introductory course in statistics whose main goal is to promote understanding of statistical

reasoning and using numerical information to make judgments and decisions. You will learn to make

sense of graphical and numerical presentations of data, to judge the reliability of results from studies,

surveys and experiments, and to realize that in an uncertain world randomness and variation are to be

expected. The methods and concepts studied will be presented in the context of the real-world

problems in business and other real-world scenarios that the methods can help students understand.

Even though a bit of elementary probability will be introduced the math will be kept at a level such that

calculus is not required, so even the math-phobes may find the topics enthralling.

Required textbook

Business statistics: a first course with CD and MYLAB by Norean R. Sharpe, Richard D. De Veaux and Paul

F. Vellman, Pearson ISBN 978-0-3-2150609-2

You can buy a cheaper loose-leaf version of the textbook (recommended) Business stat W/MML/MSL

SAK(LOOSE-LEAF), ISBN 978-0-3-2169319-8, Sharpe, De Veaux & Velleman

I do not recommend buying a used textbook because you will still need to buy an access code which will

end up being more expensive.
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The textbook should come with a code for MyStatLab, an online course management system, which

includes a plethora of course materials for this class, and also an electronic textbook. (if the online

textbook is good enough for you then you can just buy the MyStatLab which is cheaper than the

hardcopy or the loose-leaf version of the textbook). In this case, you should look forMyStatLab Online

Course for Business Statistics: A First Course (access code required) Sharpe, De Veaux &

Velleman2011, Pearson, On-line Supplement, ISBN-10: 0321506081, ISBN 13:9780321506085

MyStatLab is required for this class because it will be the place where you complete the online

homework assignments. You can register athttp://pearsonmylab.com. The course ID is lazar40384.

Course website

The website for this course is hosted on Blackboard and can be found athttps://bb.rhsmith.umd.edu. A

university LDAP ID and password are required to access Blackboard courses; additional information can

be obtained athttps://ldap.umd.edu/cgi-bin/chpwd. Students are required to maintain their current

email address in Testudo as Blackboard uses this address to send course-related email messages. Since

email addresses are imported from Testudo into Blackboard, I cannot update email addresses from

within Blackboard; for more information visit the sitehttp://rhsmith.umd.edu.

Software

We will be using StatCrunch which comes with the textbook. It is an online user-friendly piece of

software that can be accessed athttp://www.statcrunch.com.You will have to use the same user name

and password as those for MyStatLab.

Calculator

A basic 5-function calculator is necessary for this course. Programmable calculators (i.e. TI models) will

also be allowed but you are responsible for knowing how to use them.

Grading

Your grade will be determined by a weighted average of homework, discussion activities and exams as

follows:

Discussion session activities 10%

Homework 10%

Midterm Exam 1 24%

Midterm Exam 2 24%

Final Exam 32%

Suppose that a student obtained the following scores:

Discussion session score (70)

Homework score (90),

Midterm1 score (80),

Midterm 2 score (90)

Final score (80)

The students course average will be computed as follows:

Course average=0.1*70+0.1*90+0.24*80+0.24*90+0.32*80=82.4%
http://www.pearsonhighered.com/educator/product/MyStatLab-Online-Course-for-Business-Statistics-A-First-Course-access-code-required/9780321506085.pagehttp://www.pearsonhighered.com/educator/product/MyStatLab-Online-Course-for-Business-Statistics-A-First-Course-access-code-required/9780321506085.pagehttp://www.pearsonhighered.com/educator/product/MyStatLab-Online-Course-for-Business-Statistics-A-First-Course-access-code-required/9780321506085.pagehttp://www.pearsonhighered.com/educator/product/MyStatLab-Online-Course-for-Business-Statistics-A-First-Course-access-code-required/9780321506085.pagehttp://pearsonmylab.com/http://pearsonmylab.com/http://pearsonmylab.com/https://bb.rhsmith.umd.edu/https://bb.rhsmith.umd.edu/https://bb.rhsmith.umd.edu/https://ldap.umd.edu/cgi-bin/chpwdhttps://ldap.umd.edu/cgi-bin/chpwdhttps://ldap.umd.edu/cgi-bin/chpwdhttp://rhsmith.umd.edu/http://rhsmith.umd.edu/http://rhsmith.umd.edu/http://www.statcrunch.com/http://www.statcrunch.com/http://www.statcrunch.com/http://www.statcrunch.com/http://rhsmith.umd.edu/https://ldap.umd.edu/cgi-bin/chpwdhttps://bb.rhsmith.umd.edu/http://pearsonmylab.com/http://www.pearsonhighered.com/educator/product/MyStatLab-Online-Course-for-Business-Statistics-A-First-Course-access-code-required/9780321506085.pagehttp://www.pearsonhighered.com/educator/product/MyStatLab-Online-Course-for-Business-Statistics-A-First-Course-access-code-required/9780321506085.page


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If your course average is greater than or equal to 90% then your grade will not be lower than an A-.

If your course average is greater than or equal to 80% then your grade will not be lower than a B-.

If your course average is greater than or equal to 70% then your grade will not be lower than a C-.

If your course average is greater than or equal to 60% then your grade will not be lower than a D-.

Exams may be curved depending on the class performance.

The Smith School recommends a class-average of approximately 2.80 as a target grade point average

for 200-level BMGT core courses, and range between 2.7 and 2.9.

Examinations

There will be two midterm exams (75 minutes each) and a two-hour final exam. The final exam will be

(partially) cumulative with the emphasis on the material not yet tested.

Exam Location Time Date

Midterm 1 TBA on Blackboard 6:00p.m. - 7:15p.m. Wednesday, October 12

Midterm 2 TBA on Blackboard 6:00p.m. - 7:15p.m. Wednesday, November 16

Final TBA on Blackboard 7:00p.m.9:00p.m. Thursday, December 15

The exams will not be given during the regular lecture time and will be common to all sections of BMGT

230. Students who have legitimate conflicts with the scheduled exam times will be permitted to take

the exams during the regular class time as the class will not be held on the exam days. You must let me

know in advance about such conflicts and my prior approval is required. The midterm exams will not be

given on any other day.

Missed examinationsIf you miss an exam for a legitimate reason such as documented illness, religious observance,

participation in a university activity at the request of a university official then you will be approved for

taking a make-up exam. You must let me know in advance of your absence or, if this is not possible, as

soon as possible afterwards. No make-up exam will be given without prior approval. All make-up exams

for midterm 1, midterm 2, and final will be given on Wednesday, December 14.

Examination guidelines

You will be allowed one 8.5x11 reference sheet with formulae and notes but no examples on both sides

for each midterm and two such sheets for the final. Remember to bring your own calculator for all tests

(sharing is not permitted). You will not be allowed to use cell phones, smart phones, ipods and iphones

during any of the exams. Your UMPC ID will be required for all exams. You will not be allowed to take

the exam if you are more than 15 minutes late. You will not be allowed to leave the exam room without

submitting your completed exam after the exam has begun. All exams will consist of multiple choice

questions, and you will be required to record your answers on Scantron sheets (provided during the

exam) using No. 2 pencils which you must bring.

Accommodations for Students with special needs


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Any student with special needs should bring to my attention as soon as possible, but no later than the

second week of class.

Homework

There will be weekly homework assignments (except for the first week). They will be available on

MyStatLab from 9 a.m. on Monday and due at 8:30 a.m. on the following Tuesday. No late homework

submission will be accepted. You have to do the homework assignments on your own, working together

in groups is not permitted. The lowest two homework scores will be dropped in order to accommodate

for homework that you are unable to complete due to technical glitches, illness, religious observance,

late registration or any reason beyond your control. If you have technical problems with the homework

you should call tech support at 18006776337 or email/chat at www.247pearsoned.com

Discussion section activities

The discussion sections will comprise of two parts. In the first part of the discussion section the TAs will

review the material taught in class and do some examples. In the second part, class will be divided into

small teams. Each team will work on an assignment consisting of one or more problems and submit the

answers to the TA at the end of the discussion section. The TA will grade each teams assignment based

on the following system: you will receive 3 points for a correct answer, two points for an almost correct

answer, and one point for an attempt. Nobody will receive any credit if she/he is not in the classroom at

the time the assignment is handed out. The lowest two scores will be dropped in order to

accommodate for the activities that you are unable to complete due to technical glitches, illness,

religious observance, late registration or any reason beyond your control.

Course support

Please take advantage of my office hours and the TAs office hours. Do not fall behind since it would be

difficult to do well in this class otherwise. (Statistical topics build on each other). You should read the

textbook (do not skip the solved examples in each chapter), my notes, explore the resources on

MyStatlab, do the homework assignments, attend class and the discussion sessions. (Note: I will not post

the answers for the practice exercises online, you will have to come to class to get them.) Each class

before an exam will be devoted to reviewing the material required for the exam. I will also try to be

available as much as possible.

Academic integrity

The University of Marylands Code of Academic Integrity is designed to ensure that the principles of

academic honesty and integrity are upheld. All university students are expected to abide by the code.

All acts of academic dishonesty will be handled according to the Code. Additional information can be

found at http://www.studenthonorcouncil.umd.edu/code.html.

On each exam you will be asked to write out and sign the following pledge: `` I pledge on my honor that I

have not given or received any unauthorized assistance on this exam

Since BMGT230 is a very large class please be respectful of everyone else in the classroom. Please switch

off your cell phones while class is in session.


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Tentative schedule (subject to change except for the test dates)

Note:

Not all sections of the listed chapters will be covered. It is your responsibility to keep track of the

material that will be taught. Any change to the schedule, including the sections covered will beannounced in class and on Blackboard.

August 31 Syllabus, MyStatlab, Chapter 1 - Statistics and Variation

September 5 University closed (Labor Day)

September 7 Chapter 2 - Data, Chapter 3Surveys and Sampling

September 12 Chapter 4 - Displaying and Describing Categorical Data (without section5.10*)

September 14 Chapter 5 - - Displaying and Describing Quantitative Data

September 19 Chapter 6 - Correlation and Linear Regression

September 21 Chapter 6 - Continued

September 26 Chapter 7 - Randomness and Probability (without section 7.9*)

September 28 Chapter 7 - Continued

October 3 Chapter 8 - Random Variables and Probability Models

October 5 Chapter 8 - Continued

October 10 Review

October 12 Midterm 1 (6:00p.m. 7:15p.m., rooms: TBA)

October 17 Chapter 9 - Sampling Distributions and Confidence Intervals for ProportionsOctober 19 Chapter 10 - Testing Hypotheses about Proportions

October 24 Chapter 10 - Continued (without section 10.10*)

October 26 Chapter 11 - Confidence Intervals and Hypothesis Tests for Means

October 31 Chapter 11 - Continued

November 2 Chapter 12 - Comparing Two Groups

November 7 Chapter 12Continued (without section 12.6*)

November 9 Chapter 13 - Inference for Counts (if time permits)

November 14 Review

November 16 Midterm 2 (6:00p.m.7:15p.m., rooms: TBA)

November 21 Chapter 13 - Continued

November 23 Chapter 14 - Inference for Regression



December 5 Chapter 15Multiple Regression including ANOVA

December 7 Chapter 15 -Continued

December 12 Chapter 15 - Continued

December 14 Reading Day

December 15 Final Exam (7:00p.m. 9:00p.m., rooms: TBA)

Busness Statistics Syllabus Fall 2011

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