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BAD 64005 F05 Hamburg

College of Business Administration

Kent State University

Statistics for Management

BAD-64005/74005

7:00-9:30 PM, Tue.

 

General Information:

 

Instructor:  Dr. James H. Hamburg

Office:  Open Area

Hours:  6:00-6:55 PM or By Appointment

Phone:   (330) 490-7124

E-mail:  jhamburg@wadsnet.com

 

Class Room:  BSA 208

 

Required Text:

 

  • Bowerman & O’Connell, Business Statistics in Practice_ Latest Edition, McGraw- Hill/Irwin
  • Berk and Carey, Data Analysis with Microsoft Excel Latest Edition_ Duxbury

 

Prerequisites: Students must have completed all required coursework (BAD 74004/64004) to take this course.

 

Course Objectives:  This course has two main objectives:

 

  1. Learn basic concepts and techniques of statistical inference.
  2. Learn to apply these basic techniques to real world situations.

 

These skills will prepare the student for more advanced work in either their college major or on the job. Certain topics will be emphasized in the course (elementary regression, ANOVA, etc.)

 

Attendance and Make-up Policy:

 

Students are expected to attend class and be prepared to participate in class discussions (50 points). For every class missed without a valid excuse, the student will have two points deducted from the class participation score.  Students are strongly encouraged to Ask Questions during class. Class will be conducted in accordance with generally accepted standards of courtesy, consideration, and respect. Students are responsible for any material discussed and/or assigned. There is no extra credit for this course unless specifically stated by the instructor. 

 

With respect to make-up, the general policy is that the make-up of missed work (including exams and homework) is not allowed. Makeup exams for excused absences will be administered at the discretion of the instructor. Ten percent of the assignment points/class period will be deducted for late homework unless there is a valid excuse. Late assignments will not be accepted after assignments are returned to the students. The excused absences are:

 

  1. a prearranged situation (e.g., course field trips, athletic trips, etc.)
  2. an emergency illness, death in the family, etc. or
  3. an unforeseeable circumstance (business trips)

 

In all these cases, the instructor must be notified prior to the excused absence and not following the absence.

Academic Dishonesty: Academic dishonesty, in all forms, is prohibited. Students will be referred to the College and the University for appropriate action. No credit for the course will be given.

 

Performance Evaluation:

 

  • Grading:

 

Grades will be based on the weighted value of points earned on various exercises used for evaluation purposes. The final grades may be adjusted at the discretion of the instructor. The course grading scale is 90+ A, 80-90 B, 70-80 C, 60-70 D, below 60 F.

 

  • Exams:

 

There will be a total of three examinations.  Each exam will be worth approximately 200 points unless noted by the instructor at exam time. The exams will be composed of multiple choice style questions with each question worth five (5) points. The instructor will develop the exams based on approximately 20% from the cases, 30% from the problems assigned, 35% from material discussed in class, and 15% from material assigned but not discussed in class. The exams could consist of problem solving questions, multiple choice questions, matching questions, and/or fill in the blank questions.  Answers to the problem solving questions should include but not be limited to all formulas, calculations, and supporting logic.  Answers alone will not receive full credit.  A two point deduction will be assessed for any math errors in a problem.   Unless otherwise noted, each student will be permitted to use one 8 1/2 by 11 inch sheet of notes (both sides only).  The sheet of notes cannot be taped, glued, or stapled together and cannot have any sticky dotes, taped notes, or glued notes attached.  If the instructor finds a sheet of notes not conforming, the sheet of notes will be confiscated and the student will be required to finish the exam without the sheet of notes.  A non-programmable calculator will be allowed during the examinations. Any tables that are required for the exam will be provided.

  • Class Projects:

 

    1. Each student enrolled in BAD-64005/74005 will be required to do a

      team project.

 

    1. The Students will form a consulting team and assign the team a name. Instructor based on class enrollment will determine the number of teams and members.

 

    1. The team project will encompass the following:

 

Multiple Regression: The instructor will provide each team with a write-

up for this project.  The write-up will include the

necessary information and data for the team to

perform the analysis.  The team can utilize the

information (i.e. formulas) in Chapters 11 to 13 to assist in project development.

 

    1. For the report, the team is to use a word processor (i.e. Microsoft WORD) to the write-up. The report is to be double spaced, with margins set at one inch, and with a font no larger than size 12.  The report should be structured as follows:

 

      1. Cover Sheet
      2. Executive Summary
      3. Table of Contents
      4. Introduction
      5. Body
      6. Conclusions
      7. Recommendations
      8. Appendices

 

    1. The each team report will have a cover page, which will be discussed in the first class.

 

    1. The teams are expected to include whatever forms, charts, schedules, graphs, diagrams, etc. which are necessary to clearly and concisely communicate their project in an appendix.  These items are not to be counted as part of the page requirements for the report.

 

    1. Each team will be required to make a presentation summarizing their entire process and demonstrate the effectiveness of the team’s project.  The presentation will be done on dates indicated in the syllabus.  Business dress will be required for the presentation in simulating that the presentation is being done for the Board of Directors of your company.  The number of teams will determine the length of the presentation.  The instructor and the other teams will evaluate each team’s presentation.  The final team evaluation will be the average of all the scores and the instructor’s score. The instructor will provide the evaluation form on the first day of class. Also, each team member must participate in each presentation or the team will be penalized.

 

    1. Students that don’t participate in the team efforts will have their final grade impacted. Each team is to properly document meeting, work done by each member, time spent by each member, etc.  In addition each team member is to write the instructor a letter summarizing how the team functioned, worked together, and what was each member’s level of contribution.  The letter is to be placed in a seal envelop with the team member’s name on the front.

 

    1. The report and presentation will be worth 175 points.  The report and a copy of the presentation are due to the instructor on the day of the team’s presentation.  The report will be worth 100 points and the presentation will be worth 75 points.

 

  • Problem Assignments/Class Participation:

 

There will be various problems assigned from each chapter and each problem will be worth five (5) points. All problems will be discussed in class with a student doing each problem.  The problems will be turned in on the due date with the student making a copy for discussion. Class time will be provided for the students to discuss the problem assignments.

 

  • Computer Projects:

 

There will be various computer projects assigned from each chapter in the Microsoft Excel book.  Each computer project will be worth approximately fifty (50) points. Each computer project will be discussed on the date assigned and the results are to be handed-in on the due date (as noted in the course schedule).

 

Exchange of Ideas: The class discussions will emphasize the exchange of ideas

          that will cover the important points of the material assigned.  The

          exchange of ideas will be done through the analysis of questions,

          course materials and problems.  The instructor and/or the students   

          will expand the information discussed to demonstrate how the

          points relate to today's business operations.  The student is

          responsible for all the material assigned, whether covered in class or

          not covered in class.

 

 

 

 

Withdrawal from Classes: If, for any reason, a student should withdraw from this class,

      the student needs to do it officially. Otherwise you will

      receive an "F" for the course. Your instructor will not

      authorize withdrawals after the third week of classes.

 

  Student 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) in the Michael Schwartz

      Service Center (672­-3391).

 

 

 

 

This syllabus is a guide, not an absolute contract.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DETAILED SYLLABUS & CLASS SCHEDULE

 

 

MTG #

 

 

DATE

 

 

TOPIC

 

 

TEXT REFERENCE

(linked to class notes)

 

READING/PROBLEMS

ASSIGNMENT & DUE DATE

 

1

8/30

General Overview

Review Syllabus

Fill out Questionnaire

Introduction (Skip 1.4)

Descriptive Stat. (Skip 2.7-2.9)

 

 

 

Read Chapters 1 to 3

Problems: Chapter 2

2.15, 2.19, 2.36, 2.45

DUE:  9/6/04

Read Chapters 1 & 2 Excel Book

 

2

9/6

Probability

Read Chapter 4

Problems: Chapter 3

3.3 (B&C), 3.11, 3.18

DUE:  9/13/04

Chapter 2

Excel Book

1 A, B, D, E, G. H

DUE:  9/13/04

Read Chapter 3 Excel Book

 

3

9/13

Discrete Random Variables

Read Chapter 5

Problems: Chapter 4

4.8, 4.9, 4.12, 4.14, 4.23, 4.25

DUE:  9/20/04

Chapter 3

Excel Book 7 & 8

DUE:  9/20/04

 

4

9/20

Continuous Random Variables

(Skip 5.4 to 5.6)

Exam #1 Review

Read Chapter 6

Problems: Chapter 5

5.7, 5.8, 5.23, to 5.29, 5.33, 5.34

DUE:  10/4/04

Chapter 4

Excel Book 2 to 4,6, & 11

DUE:  10/4/04

Read Chapter 5 Excel Book

 

5

9/27

EXAM #1

 

 

6

10/4

Sampling Dist of Sample Mean

(Skip 6.2)

Review Exam #1

Read Chapter 7

Problems: Chapter 6    

6.7 & 6.9

DUE:  10/11/04

Chapter 5

Excel Book 1,13, & 14

DUE:  10/11/04

7

10/11

Confidence Intervals

Skip 7.4 to 7.7)

Read Chapter 8

Problems: Chapter 7

7.4 to 7.8, 7.15 to 7.18, 7.21, 7.28, 7.29

DUE:  10/18/04

8

10/18

Hypothesis Testing

(Skip 8.5 to 8.8)

Read Chapter 9

Problems: Chapter 8

8.7 to 8.9, 8.16 to 8.21, 8.23 to 8.28, 8.37 to 8.42, 8.52, 8.53, 8.55, 8.56

DUE:  10/25/04

Read Chapter 6 Excel Book

9

10/25

Statistical Inf. Based on 2 Samples

Exam #2 Review

Read Chapter 11

Problems: Chapter 9

9.1, 9.2, 9.5, 9.7, 9.9, 9.17, 9.20, 9.29B, 9.37, 9.39

DUE:  11/8/04

Chapter 6

Excel Book

1, 2, 6 (by hand), 7, & 8

DUE:  11/8/04

Read Chapter 8 Excel Book

10

11/1

EXAM #2

 

 

11

11/8

Regression

Review Exam #2

Read Chapter 12

Class Project Assigned

DUE: 12/6/05

Problems: Chapter 11

11.1, 11.2, 11.7. 11.11, 11.12, 11.19 to 11.22, 11.29, 11.31, 11.37, 11.45

DUE:  11/15/04

Chapter 8

Excel Book 13

DUE:  11/15/04

Read Chapter 9 Excel Book

12

11/15

More Regression

Read Chapter 13

Chapter 9

Excel Book 6 & 7

DUE:  11/22/04

Read Chapter 7 Excel Book

13

11/22

More Regression

Chapter 13

Read Chapter 10 

14

11/29

Introduction to ANOVA

 

Chapter 7

Excel Book

1, 2, & 10

DUE:  12/6/04

15

12/6

Project Presentations

Final Exam Review

 

 

16

12/12

FINAL EXAM  8:15-10:30 PM

 

 

 

 

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