COURSE OUTLINE

MGMT 2263

Business Statistics II

Winter 2010

 

Instructor:                             Gerry LaBute           

Phone:                                  455-6850      

E-mail:                                   glabute@shaw.ca             

Course Information Site: http:// www.mathwizz.com/mgmt2263/index.htm

Office:                                    EB 2050

Office Hours:                       Monday 11-12, Thursday 3-4 or by appointment

 

REQUIRED COURSE MATERIALS:

 

Bowerman, Bruce L., O’Connell, Richard T., Schermer, Julie Aitken, Adcock, James Robert.  Business Statistics in Practice: Canadian Edition, 1st Canadian Edition, McGraw-Hill Ryerson, 2008.

 

Statistical Tables

 

RECOMMENDED COURSE MATERIALS:

 

a)            A Texas Instrument BA II Plus calculator is recommended for the course    (please note that other calculator types are typically not supported).

b)            The review package, containing past exams and numerous practice questions, is also recommended for the course. It is available at the bookstore.

c)            Quizzes and assignments may require the use of MegaStat.

d)            Additional reference material, such as answers to homework and review questions, will be available on the mgmt2263 page on mathwizz.com.

 

 

COURSE DESCRIPTION: 

 

This is the second course in applied statistical analysis as offered in the Bissett School of Business; the prerequisite is successful completion of ADMN 1262 or MGMT 2262.   This course examines inferential statistical analysis while emphasizing thinking skills and computer literacy.

Topics include parametric and nonparametric hypothesis testing procedures. Simple and multiple regression analysis will also be examined and applied to business situations.  The understanding of the course material will further be enhanced through exposure to both manual and computerized methods using current statistical computer software.

The method of instruction will be a combination of lecture sessions and problem solving tasks.  Students may work on some of these tasks while in the classroom; others will be completed in the computer lab or as take-home assignments.

 

The prerequisites for MGMT 2263 are as follows: Management 2262 or Administration 1262.

 

 

MARK ALLOCATION:

 

Midterm Examination                        30%

Final Examination                             40%

Quizzes and Assignments               30%

Total                                                   100%

 

 

LEARNING OUTCOMES:

 

Mount Royal University has developed six learning outcomes that describe core abilities all students should develop during their time at Mount Royal University, regardless of their academic program. These abilities help prepare graduates for a life of continuous learning, and have been identified as critical to success in the workplace of the 21st century. This course emphasizes and assesses two of those learning outcomes: thinking skills and computer literacy.

 

Development of thinking skills is encouraged through the practice of problem solving techniques to complete in-class assignments, take-home assignments, quizzes, and exams.  Development of computer literacy will be enhanced through the completion of quizzes and assignments on statistical computer software.

 

 

COURSE LEARNING OUTCOMES:

 

Learning Objectives

Learning Outcome

Assessment

Utilize inferential statistics to assess and interpret business situations

Thinking Skills;

Computer Literacy

Quiz,

Lab Assignment, Midterm Exam,

Final Exam

Perform hypothesis testing procedures (one and two populations/normal and non-normal populations) and demonstrate an understanding of their importance in business applications.

 

Thinking Skills;

Computer Literacy

Quiz,

Midterm Exam,

Final Exam

Analyze business situations with more than two populations and conduct appropriate hypothesis tests

Thinking Skills;

Computer Literacy

Quiz,

Midterm Examination,

Final Examination

Understand the concept of simple and multiple regression and demonstrate an ability to utilize linear regression analysis to interpret various business applications.

 

Thinking Skills;

Computer Literacy

Quiz,

Regression Assignment,

Final Examination

 

 

 

 

GRADING STRUCTURE

Please refer to the Mount Royal Calendar for a complete table of the accepted letter grades and their descriptions.  In this course, all final term grades will be awarded in letter grades, which will be determined according to the following scale:

 

A+

≥ 93

B+

77 - < 80

C+

67 - < 70

D+

55 - < 60

A

86 - < 93

B

73 - < 77

C

63 - < 67

D

50 - < 55

A-

80 - < 86

B-

70 - < 73

C-

60 - < 63

F

< 50%

 

EXAMS AND QUIZZES:    

 

All exams, quizzes, and assignments will be closed book (no textbook) unless advised otherwise by your instructor.  For quizzes and assignments, the allowed aids are limited to the following:

 

For the midterm and final exams, students are allowed the following:

 

Other equipment (including electronic devices), course materials, and information (computerized personal organizers, class notes, handouts, test papers, etc.) are not permitted for quizzes or exams.

 

EXAMINATIONS:                                       

           

The midterm examination is scheduled for 9:00 a.m. to 11:00 a.m., Saturday March 20, 2010.  The midterm examination is common to all sections, including evening sections.  It is the student’s responsibility to ensure that he/she does not have any conflicting commitments at that time.  There will be no deferred midterm examinations under any circumstances.  Any student who finds it necessary to miss the examination must notify the instructor in advance and provide a medical certificate from the appropriate health professional to have the grade weighting moved to other components of course work (principally the final examination).

 

A three-hour final examination will be scheduled by the Registrar.  The final examination is comprehensive and common to all sections, including evening sessions.  It is the student’s responsibility to ensure that he/she does not have any conflicting commitments at that time.  Deferred final examinations are NOT at the discretion of the instructor and may only be granted by the Program Chair ((Financial Services, Supply Chain Management and Quantitative Methods).  Deferred final examinations will be granted only for exceptional circumstances (please refer to the Mount Royal calendar) and NOT for employment conflicts.  The final examination will be scheduled by the registrar; students must be available for final examinations up to the last day of the examination period as specified in the Academic Schedule. The Winter 2010 final examination period is April 19 to April 29, 2010.

 

 

 

 

Students will be advised of the dates, times, and writing locations for quizzes and lab assignments by the instructor for their section.  Quizzes and lab assignments will typically be written during class or lab sessions, but instructors may elect to conduct some of them as take-home assignments.

 

 

 

COURSE TIMETABLE

(Subject to Change)

 

WEEK            TOPICS                                                                     TEXT REFERENCE

 

1 to 3              ONE POPULATION HYPOTHESIS TESTING             Chapters 6-8/13

 

a)             Central Limit Theorem

b)             Large Sample Means Test

c)              Small Sample Means Test

d)             Wilcoxon Signed Ranks Test for One Median

e)             Proportion Test

f)               Chi-square Test for Standard Deviation (not in text)

             

 

4 to 6                    TWO POPULATION HYPOTHESIS TESTING      Chapter 9/13

 

a)            Means: Large Independent Samples                  

b)            Means: Small Independent Samples

c)            Means: Small Dependent Samples

d)            Medians: Wilcoxon Rank Sum Test

e)            Medians: Wilcoxon Signed Ranks Test

f)             Difference in Population Proportions  

g)            Difference in Population Variances 

 

 

7 to 8              ANALYSIS OF VARIANCE (ANOVA)                              Chapter 10

                       

a)    One-Way Analysis of Variance

b)    Two-Way Analysis of Variance

                       

 

                        (Midterm is Saturday March 20 from 9:00 a.m. to 11:00 a.m.)

 

 

9                      NON PARAMETRIC TESTS FOR MORE THAN TWO POPULATIONS

 

a)            Kruskal-Wallis Test

b)            Friedman Test (not in text)                                     Chapter 13

 

10                    OTHER HYPOTHESIS TESTS                                                   Chapter 14

a)            Chi-square Goodness-of-Fit Tests

b)            Lilliefors Normality Test (not in text)

c)            Chi-square Test for Independence

 

 

11 to 12         SIMPLE LINEAR REGRESSION                                     Chapter 11              

 

 a)        The Simple Linear Regression Model    

b)       Least Squared Estimates

c)       Model Assumptions and the Standard Error

d)       Testing for the Significance of the Slope

e)       Confidence and Prediction Intervals

f)        Simple Coefficients of Determination and Correlation

 

13                    MULTIPLE REGRESSION                                                            Chapter 12

 

a)            The Multiple Regression Model

b)            Least Squared Estimates and Prediction

c)            Model Assumptions and Standard Error

d)            R2 and R2 Adjusted

e)            Overall F Test

f)             Testing the Significance of an Independent Variable

g)            Multicollinearity

h)           Dummy Variables and Other Additional Topics

 

 

 

 

COURSE POLICIES

 

1.    Assignments must be submitted according to instructions.  Issues affecting the progress of the assignments should be discussed in advance with the instructor, NOT the day assignments are due.  Unless there are extenuating circumstances, papers turned in after the appointed time are subject to penalties.  At the discretion of the instructor, late assignments will lose 20% of the earned grade for each day late, and assignments will not be accepted after the instructor has posted the answer key on “Blackboard” and/or after the instructor has returned graded assignments to students.

 

2.    Students are expected to respect the standards of intellectual integrity, including, but not limited to, refraining from plagiarism, cheating, or copying someone else’s work.

 

“Plagiarism consists of using other people’s words or ideas without adequately acknowledging the source of those words or ideas. Plagiarism can take many forms: stealing an entire essay and submitting it as one’s own work; quoting parts of a source without acknowledging that source; quoting parts of a source without quotation marks (even if the source is listed in the Works Cited list); too few in-text citations compared to the amount of information used; incorrect, incomplete, or missing documentation elements. Penalties for plagiarism can range from a reduction in the assignment grade to expulsion from the university (Mount Royal).”- (With thanks to Bill Bunn and Sabrina Reed, Department of English, Mount Royal University.)

 

In addition, students are expected to take an active role in encouraging other members of the academic community to refrain from academic dishonesty and are asked to advise the instructor if they are aware of any such violations. This provision applies to any work submitted as a group project. Students are strongly recommended to read the complete Code of Student Conduct, which can be found on-line at www.mtroyal.ca/codeofstudentconduct .

 

3.    Students need not receive a passing grade on all components of term work and examinations in order to pass the course. However, failure to submit an assignment or write an examination, without the prior approval of the instructor, may result in an F grade for the course.

 

4.    Final examinations are scheduled by the Registrar. Students must be available for writing the exams up to and including the last day of the examination period as specified in the Academic Schedule in the Mount Royal Calendar. Students should also be fully aware of the Mount Royal policy on final exam deferrals as outlined under Academic Regulations in the Mount Royal Calendar. Students are also reminded that examinations will be actively invigilated.  Students may only bring to the exam items stipulated by the instructor as required for the completion of the exam.  All non-essential items, including, but not limited to, hats, coats, gloves, knapsacks, purses, and electronic devices other than approved calculators, must be left in an area of the exam room designated by the instructor.  Failure to comply may result in a failing grade on the exam, and /or a charge of Academic Misconduct under the Student Code of Conduct.

 

 

5.    The last day to withdraw with a grade of W is April 1, 2010.  While a student’s final course grade is not based upon his/her attendance record, students are strongly advised to attend all lectures and labs and to participate in all course activities. 

 

 

6.    Virtually all readers of business documents expect correct grammar, punctuation, spelling, and word usage. Based on this expectation, all graduates of the Bissett School of Business are expected to be competent in this area.  Therefore, the Bissett School of Business has established a policy requiring minimum standards of correctness for all written work submitted for business course credit. These standards apply to spelling, grammar, punctuation, and word usage, but may also apply to other elements deemed important by your instructor. Additionally, each instructor is free to require a higher standard of correctness for their particular course.

7.    MOUNT ROYAL POLICIES

Please refer to the following IMPORTANT pages in the Mount Royal Calendar:

Page 5, Academic Schedule

Page 22, Change of Registration

Page 26, Fee Deadlines

Page 33, Deferred Examination

Page 34, Academic Appeals and Grievances

Page 41, General Graduation Requirements

 

 

8.    STUDENTS LEARNING SERVICES (“CREATING AN ACCESSIBLE, EQUITABLE, AND INCLUSIVE LEARNING ENVIRONMENT”)

 

Students who require accommodations in classes and/or practica, directed field studies, or clinical placements, need to register with Accessibility Services in Y201, telephone 440-6868. Accommodation is the process of making alterations to the delivery of services so that those services become accessible to more people. Accommodation does not lower academic or non-academic standards or relieve the student of the responsibility to develop the essential skills and competencies expected of all students. To be eligible for accommodations, accommodation letters, signed by an Access Advisor, must be provided to course instructors.

      More information is available at:

 

      http://www.mtroyal.ca/accessibility

http://www.albertahumanrights.ab.ca/providing_goods.asp

 
                                  

Expectations of Business Conduct

A successful career in business requires more than technical skills – skills including expertise and proficiency in accounting, marketing, human resources, insurance, aviation, management, or entrepreneurship. It requires the ability to build productive, long-term relationships with other members of the organization, the industry, and the community. Such relationships are developed through day-to-day behaviors that convey respect, honesty, confidence, and professionalism.

In the Bissett School of Business, students, faculty, and administrative staff are expected to adhere to behavioral standards that reflect these same attributes.

Professionalism

·         being prepared for meetings, classes, appointments, presentations

·         being correct and clear in written and oral communication

·         refraining from inappropriate gossip, such as making derogatory comments about students to other students, about instructors to other instructors, etc.

·         adopting actions, demeanor, and dress that are appropriate to each situation

·         keeping confidential information in the proper circles.

Respect

·         arriving on time for classes, appointments, office hours, and meetings

·         listening to the presentations, comments, questions, and opinions of others without interruption or ridicule

·         expressing differences of opinion or dissatisfaction without aggression or personal attacks on others

·         avoiding actions or words that may harm others

·         using courteous language in all manner of communication (verbal, written, electronic)

·         adopting the “golden rule” and treating others as you would like to be treated – fairly and equitably.

 

Responsibility

·         obeying all Mount Royal College policies and rules (as outlined in the Calendar) and applicable civil and criminal legislation

·         accepting responsibility and consequences if deadlines are missed or established requirements are unmet

·         managing personal, career, and academic progress (i.e., not relying on others for reminders of course, program, professional certification, or other requirements)

·         meeting commitments.

Honesty

·         refraining from all forms of academic dishonesty (e.g., representing the work of others as original, using prohibited aids during examinations, etc.)

·         being truthful in dealings with other constituents in the Bissett School of Business.