Centenary College
Hackettstown, NJ
PHONE: (732) 435-4880 Ext:3916
FAX: (732) 435-4861
E-Mail:
dnchelst@gmail.com or
chelstd@centenarycollege.edu
Course Materials On the Web: www.chelst.com
COURSE SYLLABUS BUS 309: Fall 2005
Course: Business Statistics
Instructor: Dr. Dov Chelst
Course Number: BUS 309
Contact Hrs: 3
Prerequisite:
Credit Hrs: 3
Office Hours: Tuesday 11am-12pm
COURSE SPECIFICS (Very Important!)
Required Text: Elementary Statistics: Picturing the World, Third Edition, Larson & Farber, Prentice-Hall / Pearson, 2005
Suggested Supplement: Data Analysis Using Microsoft Excel: Updated for Office Xp, 3rd ed., Michael Middleton, Duxbury Press, 2003
Reference Books:
Course Description: This course provides tools used for statistical analysis and decision-making in business. The course includes both descriptive statistics and inferential concepts used to draw conclusions about a population. Research techniques, such as sample design, are included for both single and multiple sample groups.
The specific topics to be discussed include frequency distributions, design and interpretation of statistical graphs, probability distributions, measures of central tendency, sampling, variability, confidence intervals, hypothesis testing, and possibly linear regression and correlation.
Learning Outcomes: To present a broad overview of the subject so that a student should be able to do the following:
|
Week |
Sections | Topic |
| 1 | N/A | Course Delay |
| 2 | 1.1-1.3 | Introduction, Definitions, & Data Collection |
| 3 | 1.3-2.2 | Random Sampling, Frequency Distribution, Graphs and Displays |
| 4 | 2.3-2.4 | Measures of Central Tendency, Measures of Variation, Empirical Rule and Chebyshev's Theorem, |
| 5 | 2.5, 3.1, 3.3 | Measures of Position, Probability Conceptsity Concepts, Addition Rule |
| 6 | 3.2, 3.4 | Conditional Probability, Independent Events, Counting Principles, Permutations and Combinations. |
| 7 | 4.1 Exam #1 |
Discrete Probability Distributions, Mean & Standard Deviation of
Discrete Random Variables. Covers first 3 chapters. |
| 8 | 4.2-4.3 | Bernoulli, Binomial, (Geometric) and Poisson Distributions |
| 9 | 5.1-5.3 | Standard Normal Distributions, Using the Z-table |
| 10 | 5.4-5.5 | Normal Distributions: Finding Values, Sampling and the Central Limit Theorem |
| 11 | 6.1-6.2 | Confidence Interval of Means: Large and Small Samples |
| 13 | 6.3, 7.1 | Confidence Interval Estimates of Proportions and Introducing Hypothesis Testing |
| 14 | 7.2-7.3 | Hypothesis Testing of Means (and proportions?): Large and Small Samples |
| 15 | 9.1-9.2 | Correlation and Linear Regression. Exam Review |
| Final Exam | Covers Chapters 4-7 |
| Grade Division | Final Grade Scale | ||
|---|---|---|---|
| (Graded) Homework | 20% | 90 to 100 | A- to A |
| Weekly Quizzes | 25% | 80 to 89 | B- to B+ |
| Midterm Exam | 25% | 70 to 79 | C- to C+ |
| Final Exam | 30% | 60 to 69 | D to D+ |
| Total | 100% | 0 to 59 | F |
| HOMEWORK: | Textbook exercises will be assigned at every class meeting. Students are expected to complete all homework in order to best understand the course material. These assignments will not be collected or graded. In addition, there will be homework assignment requiring the use of Microsoft Excel that will be collected and graded. These assignments will be due one week after they are assigned. No late homework will be accepted. |
| QUIZZES: | Quizzes will be administered on a weekly basis and last approximately 15 minutes.
Quiz problems will closely resemble homework problems. A few quizzes may test
the material that one must learn before studying the course
material. This includes: basic arithmetic, fractions, percentages
and calculator exercises. At the instructor's discretion, students
may be asked to retake these quizzes until they demonstrate a
sufficient "comfort level" with these basic operations. The lowest quiz grade will be dropped. |
| EXAMS: | Examinations will be announced TWO WEEKS in advance. Make-up exams will not be allowed unless the instructor is notified in advance and a valid written excuse is provided. Any indication that a student did not act swiftly to explain a missed exam, will disqualify him/her from receiving a make-up. |
| TECHNOLOGY: |
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ACADEMIC |
Students are expected to behave in a manner that maintains the
honesty and integrity of the classroom. Consequently, students
should not attempt to gain an advantage by lying to the
instructor. Students must refrain from all attempts to benefit
unfairly from another student's work. While students are
encouraged to discuss homework problems and course material
together, they must share only ideas. The following examples
illustrate what constitutes academic dishonesty:
For the consequences of violating these rules, see below. |
| SCHOOL POLICIES: All school policies will be followed in the class. In addition, | |
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Students with documented disabilities are entitled under the law to reasonable accommodations. If you have a disability and need accommodations, please notify the instructor as early as possible during the semester. You should also contact the Office of Disability Services:
In March 2004, the Centenary Faculty adopted the Centenary Greater Expectation Learning Outcomes. It is very important for assessment purposes that all stakeholders understand the value added that is part of a Centenary education. By the time students graduate from Centenary College, they will be able to:
| CGE 1. | Communicate in diverse settings and groups, using written, oral, and visual means. |
| CGE 2. | Understand and employ both quantitative and qualitative analysis to describe and solve problems. |
| CGE 3. | Interpret, evaluate, and use information discerningly from a variety of sources. |
| CGE 4. | Integrate knowledge of various types and understand complex systems. |
| CGE 5. | Work well in teams, including those of diverse composition, and build consensus. |
| CGE 6. | Understand and employ the integrity, social responsibility and ethical behavior required for a diverse democratic society. |
All students are expected to adhere to Centenary College's policy concerning academic honesty. Any student found cheating, plagiarizing, submitting non-original work, etc., will receive a grade of zero (0) for that work. Flagrant cases of academic dishonesty may result in the student being dismissed from the class and referred to the Academic Review Board for further action or sanction as deemed appropriate, up to and including dismissal from Centenary College.
"Publication" of written work and assignments -- By your continuation in this course and by submitting written assignments and work, you understand that you are granting me a limited license to publish that work for the purposes of grading the work. That limited license extends to my submission, within my sole discretion, to various electronic grading tools (e.g., grading books, cite checkers, etc.).
Students should be aware that all violations of the Academic Code, which can be found in the College Catalog and the Student Handbook, will be reported by the faculty member to the Academic Review Board for their consideration.