M&IS24056: Fundamentals of Business Statistics, FALL 2002

Instructor Murali Shanker
Office A401 BSA
Phone (330) 672-1165
Office Hours 12:30-1:30; 5:00-5:30 T and TH, and by appointment
E-mail mshanker@kent.edu
IM AOL: mshanker1; Yahoo: mshanker1

Class Times: (Section 001): T, TH 9:15-10:30.; 100 BSA; Class Times: (Section 002) T, TH 10:45-12:00; 215 BSA

myWebCT:http://class.kent.edu
Class Location:https://class.kent.edu/SCRIPT/kent012/scripts/serve_home
Lecture Home: http://www.personal.kent.edu/~mshanker/mis24056/Index.htm
Murali Shanker's Personal Web Page: http://www.personal.kent.edu/~mshanker

COURSE DESCRIPTION

This course is an introduction to concepts in statistical methods and their applications to real-world problems. This course will examine both the theoretical and practical side of the different methods. Students will be given ample opportunities to apply the techniques to different problems. The goal of the course is for students to understand fundamental statistical concepts and methods, and their applications.

COURSE REQUIREMENTS

Last day to drop a course: 2 November 2002

Prerequisites: Math 11011 (Algebra); Students who have not successfully completed the course prerequisites must withdraw from this class. You risk deregistration otherwise.

Enrollment: It is the student’s responsibility to ensure proper enrollment in classes. You are advised to review your official class schedule during the first two weeks of the semester to ensure proper enrollment. Should you determine an error in your class schedule, you have until 7 September 2002 to correct it with your advising office. If registration errors are not corrected by this date and you continue to attend and participate in classes for which you are not officially enrolled, you are advised now that you will not receive a grade at the conclusion of the semester.

Students With Disabilities: In accordance with University policy, if you have a documented disability and require accommodations to obtain equal access in this course, please contact the instructor at the beginning of the semester or when given an assignment for which an accommodation is required. Students with disabilities must verify their eligibility through the Office of Student Disability Services (SDS) located in room 181 of the Michael Schwartz Student Services Center (Voice/TTD: 672-3391).

CLASS TIME

Class time will be devoted mainly to projects and problem solving. No regular lectures will be given. However, before starting a new topic, the instructor will spend a few minutes summarizing the important points of the topic. After that, the rest of the time period will be devoted to projects and problems that are designed to improve your understanding of the subject matter.

All audio lectures for this class are available on CD (see Textbooks and Course Notes below), or online all the time at your course web site at https://class.kent.edu/SCRIPT/kent012/scripts/serve_home. The lectures make extensive use of audio and animation (see System Requirements). It is assumed that you will have listened to the lectures before coming to class. The value of the class and the ability to ask meaningful questions therefore depends on thorough pre-class preparation. You are encouraged and expected to ask questions.

While attendance is not mandatory, you are encouraged to attend regularly.

Help Instructors: A help instructor will be assigned to this class. This person will conduct additional problem-solving classes, and also help in clarifying the subject matter. Timings will be announced in class.

QUIZZES and EXAMINATIONS

There will be 8 quizzes, and 6 examinations. All quizzes and examinations will be taken online. Most examinations and quizzes will be multiple choice. In some cases, you may get questions that will require you to match the answer to the question, or even a short-answer question. The quizzes and examinations can be found at the course web site at https://class.kent.edu/SCRIPT/kent012/scripts/serve_home, and can be taken from anywhere (home, work, school, BSA computer labs, in the airport, from a hammock sipping Guava juice, etc.) the student has access to the Web. All quizzes and examinations are open-book, open notes, but before taking any quiz or examination, the student will be asked to indicate his/her agreement to an Academic Honesty Statement. This statement will certify that the student agrees to abide by university rules on cheating, and any failure to do so will result in a failing grade. Thus, for example, while you are allowed to use books and notes for the quizzes and examinations, it is cheating if you ask other students to help you while taking the examinations or quizzes. This statement is available online at your course website. Do this first before doing anything else.

Quizzes: There are 8 quizzes for this class. The number of points for each quiz will vary, but the maximum number of points that can be attained from all your quizzes is 100.  The amount of time allotted for each quiz will vary, but will typically be between 15 and 45 minutes. You will have two attempts to take each quiz. The average of the two attempts will be your score for that quiz. If you are happy with your first attempt at a quiz, there is no need to take the second attempt. Results for the quizzes will be known immediately. For each quiz, there will be practice quizzes that you can take any number of times.

Examinations: There will be six examinations. Each examination is worth 50 points. Each exam (including the final) will take approximately 75 minutes. You will have only one attempt to take each examination. Results for the examination will be known only after the examination closes for all students. As this is the first semester in which examinations are given online, I have made electronic versions of old examinations. These can be found as part of your course notes. Practice questions will also be posted online.

Only four of the six examinations will count towards the course grade, for a total of 200 points (4 x 50 points). The four examinations will be chosen as follows:

Thus, the maximum points from the examinations is 200 points, giving the maximum for the course to be 300 points.

Dates and Timings: Quiz and Exam dates are posted at your course website, and also given below. Quizzes and examinations can be taken at any time during which they are available. As a warning, please do not wait until the last minute to take your quizzes and examinations. As you must realize in dealing with technology, several things can and will go wrong. The only condition under which I will extend the due dates is if the server goes down on the last available day. Any problems with your computer, will not change the due date. As such, it is your responsibility to ensure that you complete the tasks in a timely fashion. You will get zero (0) points for all missed quizzes and examinations. Please ensure that your examinations and online quizzes have been graded correctly, and notify the instructor immediately of any concerns. The instructor can be easily reached by sending an e-mail from within the web site by clicking on the mail icon, or you can also send an e-mail to mshanker@kent.edu.

Extra Credit: Periodically, you may be given additional homework / quizzes in class or online, each of which will count as extra credit towards your final grade. As missed quizzes / examinations cannot be made up, it is in your best interest to attend class regularly. Please check your electronic calendar regularly for any announcements about quizzes, etc.

Academic dishonesty: Cheating means to misrepresent the source, nature, or other conditions of your academic work (e.g., tests, papers, projects, online quizzes) so as to get undeserved credit. The use of the intellectual property of others without giving them appropriate credit is a serious academic offense. It is the University's policy that cheating or plagiarism result in receiving a failing grade for the work or course. Repeat offenses result in dismissal from the University. Students must indicate their acceptance to this policy before they are allowed to take any quiz or exam.

Other: If for some reason, you are unable to take the examinations online, please let me know. I will then create an equivalent paper copy of the examination for you to take. The format of this examination will be similar to the one online.

GRADES

The grading scale for this course is as follows:

A: 270—300 points, B: 240—269 points, C: 210—239 points, D: 180—210 points, and F: 0—179 points.

The maximum possible points that can be achieved in this course is 300. None of the examinations or online quizzes can be made up, and you will receive a score of zero (0) for any missed examinations or quizzes. Examination and online quiz dates are listed in the following pages. You can also find them on the electronic calendar on your web site at https://class.kent.edu/SCRIPT/kent012/scripts/serve_home. Online quizzes and examinations (except for Exam 6) begin on the Monday of the week they are assigned, and will be available until Sunday 11:50 p.m. (ET) of that week. For example, Quiz 1 can be taken from Monday, 26 August 2002 until Sunday, 1 September 2002, 11:50 p.m.

TEXTBOOKS and COURSE NOTES

All course materials are optional. Much of the material provided on the CD is available online at your website. But, as the audio lectures and some of the other material are quite bandwidth intensive, unless you have a broadband always-on connection, I recommend you buy the CD. This way, you will have access to all material even if you are not connected to the Internet. In addition, the purchase price of the CD includes a $5 deposit. If you return your legitimately purchased CD in working condition to the instructor at the end of the semester, you will get back your deposit. You are of course welcome to keep the re-writable CD and forfeit your deposit. The book Interactive Statistics contains a lot more details than the lectures (books tend to be that way). Based on comments from past students, about 5% of the students have felt that the book should be required.

SYSTEM REQUIREMENTS

As the online lectures make extensive use of audio and animation, make sure that you have access to the following (check your system requirements by going to the main Lecture page at http://www.personal.kent.edu/~mshanker/mis24056/Index.htm):

COURSE STRUCTURE

The homepage of this course is at https://class.kent.edu/SCRIPT/kent012/scripts/serve_home. All navigation is best done starting at the Homepage. Here are some of the links you will find:

ONLINE AUDIO LECTURES

The main page for the online audio lectures is at http://www.personal.kent.edu/~mshanker/mis24056/Index.htm, but can be easily accessed from the course website Homepage by clicking on Lectures. The Lectures are organized into 10 Chapters (there are no lectures for Chapter 4). Each Chapter is further broken down by the topic for that lecture. Many times, after each topic, you will have a link to a Let's Do It! (LDI) problem. The LDI problems are those found in your book and allow you to test your knowledge on a problem situation. While everybody's learning style is different, here is my recommended approach:
  1. Start with Chapter 1. Go to http://www.personal.kent.edu/~mshanker/mis24056/Index.htm, and choose Chapter 1 from the Quick Links.
  2. Start at the beginning for each Chapter. After a lecture, see if there is a Let's Do It! problem, or an interactive exercise. If so, attempt it.
  3. After you are done with the Chapter, go back to your Home page at https://class.kent.edu/SCRIPT/kent012/scripts/serve_home and test your knowledge with the Practice Quiz for that Chapter/Quiz. If you are not comfortable with the subject matter, try additional problems from the Chapter Exercises (see the link under Quizzes and Exams).

Note: If you bought the CD, the audio lectures are available on it. If you are viewing this syllabus from your CD, the above links will open the audio lectures on your CD. If you are viewing the syllabus online, the above links will open the lectures online.

COURSE OUTLINE

Week Beginning

Readings from

Readings from Interactive Statistics, by Aliaga and Gunderson

Class Notes
First Edition
Second Edition

26 August

Chapter 1 Chapter 1: How to make decisions with Statistics Chapter 1

2 September

Chapter 1 Chapter 1: How to make decisions with Statistics Chapter 1

9 September

Chapter 2 Chapter 2: Producing Data Chapter 2

16 September

Chapter 3 Chapter 3: Observational Studies and Experiments Chapter 3

23 September

Chapters 4 and 5 Chapter 4: Summarizing Data Graphically
Chapter 5: Summarizing Data Numerically
Chapters 4 and 5

30 September

Chapter 6 Chapter 6: Using Models to make Decisions Chapter 6

7 October

Chapter 6 Chapter 6: Using Models to make Decisions Chapter 6

14 October

Chapter 7 Chapter 7: Is there a Relationship? Chapter 13

21 October

Chapter 7 Chapter 7: Is there a Relationship? Chapter 13

28 October

Chapter 8 Chapter 8: Probability Chapter 7: 7.1, 7.2, 7.3, 7.5.1, 7.5.3, Chapter 8

4 November

Chapters 8 and 9 Chapter 8: Probability
Chapter 9: Sampling Distributions
Chapter 8

11 November

Chapters 9 and 10 Chapter 9: Sampling Distributions
Chapter 10: Making Decisions
Chapters 8 and 10

18 November

Chapter 10 Chapter 10: Making Decisions Chapter 10

25 November

Chapter 10 Chapter 10: Making Decisions Chapter 10

2 December

Review    

Quiz and Exam Schedule
Start Date
End Date (11:50 p.m. Eastern Time)
Quiz 1: Introduction 26 August 8 September
Quiz 2: Chapter 1: How to make decisions with Statistics 9 September 15 September
Quiz 3: Chapter 2: Producing Data 16 September 22 September

Exam 1 (Chapter 1-2)

23 September

29 September

Quiz 4: Chapter 3: Observational Studies and Experiments & Chapter 5: Summarizing Data Numerically 7 October 13 October

Exam 2 (Chapters 1-5)

7 October

13 October

Quiz 5: Chapter 6: Using Models to make Decisions 14 October 20 October

Exam 3 (Chapters 1-7)

28 October

3 November

Quiz 6: Chapter 8: Probability 4 November 10 November
Quiz 7: Chapter 9: Sampling Distributions 11 November 17 November

Exam 4 (Chapters 1-9)

18 November

24 November

Quiz 8: Chapter 10: Making Decisions 2 December 8 December

Exam 5 (All Chapters)

2 December

8 December

Exam 6 (All Chapters)

9 December

13 December

How to Access and Use Your Course Web Site

This course use a system called WebCT to organize and present online content. WebCT allows the instructor to provide a comprehensive solution to presenting online content, and student management. Thus, in addition to taking online examinations, and reading material from online content, the student is able to track their progress, interact with fellow students through chat and e-mail, and even make online presentations. The following pages give a brief introduction to WebCT for your course.

Before you can access this course, you must create a myWebCT account. This account will be the starting point for all courses using the WebCT system.

  1. Click on myWebCT to log in. If you are unsure how to log in, click on Help.
  2. Enter your username and password (see below).
  3. Choose Add a Course, and select M&IS: Fundamentals of Business Statistics. The course should be visible under Main.
  4. Click on the course to access your Homepage for that course.

Everyone needs a User Name and password to log on to WebCT. They are the same as the ones used for your KSU email account. The User Name and password are case-sensitive in WebCT. That means it make a difference whether you use capital letters or not.

If you already use your KSU email account and know your password you're about ready to go: read the Password Management (http://webcthelp.kent.edu/v3/student/password.html) section of this guide and then go to class.kent.edu to log in (assuming your professor has already given you access to the course).

If you don't know about your KSU email account, read on.

User Name: The first step is to find out your User Name. Go to the Username Request Form (https://secure.kent.edu/userid/), enter your Social Security Number, and your user ID will be displayed. You will use it both for WebCT and for your KSU email account. (If you don't plan on using your KSU email account you should set up automatic forwarding (http://www.personal.kent.edu/forward.html) to another email account.

Password: Your initial password is the first 8 digits of your Social Security Number. For better security you should change it right away to one that only you know. You can do this by going to a special Web page (http://www.personal.kent.edu/changepass.html). When you change your password it may take up to an hour or so before it goes into effect, and there may be a further delay before the password is changed on WebCT. Please read the Password Management (http://webcthelp.kent.edu/v3/student/password.html) section of this guide for more information. When you're ready to log on to WebCT go to class.kent.edu.

If you have problems with your password you can contact the Helpdesk (330-672-HELP or 330-672-2031).