Time: MW 1730-1845
Location: ROB B114
Course Text: Business Statistics, a Decision-Making Approach, 5th ed., David Groebner,
P. Shannon, P. Fry, K. Smith, Prentice Hall, NY., 2001, ISBN: 0130108561
Instructor: Course Website:
Dr. John A. Dobelman http://www.tba
dobelman@stthom.edu
Welder Hall 219 cubicle 3, 713 525 3132 x5983# –or- 713 348 5369
Office Hours: Negotiable, by appointment. Monday/Wednesday
Course Description:
This course is designed to introduce the student to statistical methodology useful for data analysis and managerial decision-making. Emphasis will be placed on applications through working examples and computer-assisted data analysis in lab sessions.
Course Content: Chapters 1–9 of text plus special topics, Possible other real-life data project(s)
Ch 1,2 data, graphs, determinism vs. stochasticity, populations vs. samples, experimental design, sampling, inference, bivariate data; scatterplots, least squares regression and correlation
Ch 3 data reduction, descriptive statistics, "normal" distribution
Ch 4 randomness, probability concepts, random variables (r.v.'s), distribution moments (mean, variance, etc.); discrete models
Ch 5 continuous probability models
Ch 6,7 sampling distributions, counts and proportions, point and interval estimation: confidence, significance, statistical tests
Ch 8 Introduction to hypothesis testing; power and inference, inference for single populations
Ch 9 Hypothesis testing and inference for two populations
Other Topics
Ch __ Introduction to Analysis of variance (ANOVA), two-factor analysis; Linear regression, correlation analysis, causation, and data transformations
Ch __ multivariate (multiple) regression and ANOVA
Ch __ Good-of-fit tests, contingency analysis
Ch __ general categorical data analysis
Ch __ time series analysis and forecasting
Ch __ non-parametric statistics
Ch __ Quality control, statistical process control (SPC)
Ch __ decision analysis - uncertainty vs. risk, utility theory, game theory
Grading: 50% assignments, 50% examination. Late policy: 20% penalty for HW turned in by next class; no credit for later than this.
Assignments (50%)
Homework: 25%
Final Project: 25%
Test/Quiz/Exam (50%)
Test 1: 15%
Test
Quizzes: \
Final Exam: / 20%
Disabilities:
Any student with a
documented disability needing academic adjustments or accommodations is
requested to speak with me during the first two weeks of class. All discussions
will remain confidential. Students with disabilities may also contact the Director
of Human Resources concerning an accommodation.