FUNDAMENTALS OF BUSINESS STATISTICS
M&IS 24056
Summer I, 2001
Instructor: Dr.
O. F. Offodile
• Office: Business Administration,
Room A-415, Phone (330) 672-1155
• Hours: M & W. 1:00-2:00 and
5:00-6:00. Or by Appointment
T &
Th. 1:00-2:00. Or by appointment
Note that my office
hours are for your guide only. Please feel free to come by at any time you want
to see me. However, should you be coming to see me from outside of the campus,
call to be sure that I am available. If I am not, leave your name and number
and I will call you back as soon as I can.
Course Objectives:
M&IS 24056 is
designed to provide the student with basic skills in descriptive statistics and
statistical inferences, probability distributions, test of hypothesis,
statistical sampling, and how to apply these concepts in real-world situations.
Prerequisite:
MATH 11011 or 12001:
College Algebra or Algebra and Trigonometry
Students who have not
successfully completed the course prerequisites must withdraw from this class.
You risk deregistration if you have not completed the prerequisites.
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) in
the Michael Schwartz Student Services Center {(330) 672-3391}
Notes:
·
Class attendance and participation are required
·
Withdrawals are permitted in accordance with CBA
and University policies.
·
NO makeup exams will be given.
·
Exceptions to this rule are sickness (with a
doctor's paper), death in the family, and University functions performed out of
town (such as field trips, sports activities, etc.). Prior notification of such
activities is needed.
·
Membership in the APICS and ASQ are encouraged
but not required. The instructor feels, however, that it will be in the
students’ best interest to belong to these organizations.
Textbook:
None.
Lecture Notes:
Available
as a Course Packet at Wordsmith, 402 E.
Main, Ph: (330) 677-9673: Ask for Packet # 10. Cost of the packet is about
$10.00). Other materials will be distributed whenever necessary.
Tentative
Class Schedule
Date Chapters Subject Chapter:
Problems
06/11 1
& 2 Data
Acquisition & Classification 2: 11,16,17,30,35,36,40
06/12 3.1-3 Measures
of Position & Variability 3: 1,2,3,13,15
06/13 3.5-6 Standard
Observations 3: 26,30,31,44
06/14 4.1-3 Probability
Concepts 4:
3,4,5,6
06/18 4.4-5 Probability
Theorems 4:
7,8,24,30,32,36,50
06/19 5.1-5 Random
Variables & Expected Values 5:
1-6,13,17,20-26
06/20 * EXAMINATION # 1 Chaps: 1,2,3, &4 *
06/21 6.2-3 Functions
of Random Variables 6: 5
06/25 7.1-4 Discrete
Prob. Distributions: Binomial & Poisson 7: 1,2,6,12,17
8.1-3 Cont.
Probability Distributions: Normal/Expo. 8: 1,2,3,9,10,11,12-15
06/26 9.1-2 Statistical
Sampling 9:
6,8
07/27 9.3-5 Sampling
from Finite Population 9: 35
07/28 10.1-4 Point
Estimation/Results About X-bar 10:
6,8,10,11
07/02 10.5-6 Sampling
Distributions of X-bar 10:
07/03 * EXAMINATION # 2 Chaps: 5,6,7,8,9 & 10 *
07/04 * INDEPENDENCE DAY *
11.4-5 Confidence
Interval for Population 11: 9,11,12,16,17
07/05 11.1-3 Interval
Estimation/Confidence Interval 11: 1,2,3,4
07/9 12.1-4,7 Tests for Population Mean/P-Values/Sample
size 12: 2,3,10,12-17,30,31
07/10 13.1-3 Population
and Sample Proportion 13: 17-20,23,24,28-30
07/11 14.1-3 Comparison
of Two Populations 14: 4-7,9
07/12 14.4-5 Inferences 14:
12-15, 17,18,20,23,24,26,
07/12 * EXAMINATION # 3 Chaps: 11, 12,13 & 14 *
Course requirements:
Exam 1 32%
Exam 2 31%
Exam 3 32%
Attendance/Participation 5%
Total 100%