ECO362

Business And Economics Data Modeling

Spring 2001


COURSE SYLLABUS AND SCHEDULE

 

This course deals with the use of statistical techniques for business and economic decision making. An examination of representative techniques is intended to develop an acquaintance with such an approach to decision making.

 

Course Data --
 Instructor  Dr. Ray Guydosh
 Email  ray.guydosh@plattsburgh.edu 
 Office  Redcay-114
 Telephone  518.564.4189   (email is better)
 Office Hours  To Be Announced
 Website  http://faculty.plattsburgh.edu/ray.guydosh
 Materials The student will receive some assignments by email.
Additional handouts will be provided.
 Recommended Statistics for Management and Economics, Fifth Edition, Gerald Keller and Brian Warrack, Duxbury, 1999

 

Course Objectives -- Objectives which are common to all sections of the course and all instructors of the course appear in bold.

 S  --  To develop an acquaintance with the use of statistical techniques in decision making.
 C  --  To develop an acquaintance with the use of computer techniques for statistical analysis.
 P  --  To understand how statistics can facilitate problem solving and decision making in organizations.

 

Common Topics -- Topics which are common to all sections of the course and all instructors of the course.  The topics do not necessarily appear in the order of coverage  and the topics may be covered  in parts in different sections of the course.  A separate course schedule is available and is part of this syllabus.


0. Review of Descriptive Statistics and Selected Parametric Comparisons
I. Analysis of Variance
     Using MINITAB
or other computer techniques
     Chi-square and F distributions
     Independent Samples
     Single-factor ANOVA
     Randomized blocks
     Two-factor ANOVA with independent samples
II. Nonparametric Comparisons of Two or More Populations
     Chi-square tests of multinomial experiment
     contingency tables
     tests of qualitative data
III. Simple Linear Regression
     OLS
     Standard diagnostics and remedial measures
IV. Multiple Regression
     Standard diagnostics and remedial measurses
V. Time-series Analysis
     Smoothing
     Trend
     Cyclical effect
     Seasonal effect
     Exponential smoothing
     Forecasting with regression
VI. Quality Control
     Xbar, S, and R Charts

 

Evaluation -- 

There will be about twenty problem assignments, most centered around a statistical test.  These problems will be distributed to you by email and you will submit your answers using a form on the course website.  These assignment will count approximately 80% of the course grade.

The instructor understands that not only does technology not always work as expected, but also that other personal problems sometimes arise during a semester. And, sometimes a person just messes something up. The you may therefore select one assignment to omit during the semester without penalty.

HOWEVER, the instructor expects you to allow time for things to go wrong.  He expects that you will not submit assignments late.   He understands that sometimes doing an assignment late will still teach  you something, but he also understands that following the order and timing of course material teaches you more.  Besides, doing an assignment late can keep you from spending your full energy on a current assignment.  Sometimes doing an assignment late can also inconvenience your classmates and your instructor and keep them from giving their full energy to their own activities.  Other than described above, doing an assignment late will benefit your learning, but late assignments will not be graded.

There will be a semester-long project that will involve the collection and analysis of data gathered by the class.  You will be working on this project in steps throughout the semester.  This project will count about 20% of your grade.

There may be several additional assignments, not described above.  There may be an examination during the course.  If so, the percentages described above will be appropriately adjusted.

  

Tentative Course Schedule -- Subject To Frequent Updates and Changes

Class Days

Assn#

Due

Topic

Objectives

Assignment

Jan 24  

0

Jan 29 Introduction SP
 Read Course Syllabus
Jan 29   1 Jan 31 Excel Spreadsheet Statistical Functions SCP
Calculating Location and Spread
Jan 31 Example 2 Feb 5 Ways of Defining Location and Spread SCP
Writing a Statistics Problem
Feb 5 Example
Example
3 Feb 7 Distribution of Sample Measurements SCP
Estimating Location Knowing Spread
Feb 7 Example 4 Feb 13

Is A Sample From A Particular Population?
A Touch of Quality Control

SCP
Confidence Interval For Population Means
Feb 19 Example 5 Feb 21

Estimating Population Mean Not Knowing Spread

SCP
Estimating Population Mean Not Knowing Spread
Feb 21 Example 7 Feb 26

Estimating Population Proportion From A Sample

SCP
Estimating Population Proportion From A Sample
Feb 26 Example
Example
6 Feb 28 Estimating Population Spread From A Sample SCP
Estimating Population Spread From A Sample
Feb 28 Example
Example
9 Mar 5 Differences in Two Means-Matched Samples SCP
Differences in Two Means-Matched Samples
Mar 12 Example 10 Mar 14 Differences in Two Means-Unrelated Samples SCP
Differences in Two Means-Unrelated Samples
Mar 26 Example 8 Mar 28 Differences in Two Proportions SCP
Differences in Two Proportions
Mar 28 Example 11 Apr 2 Differences Two Variances SCP
Differences in Two Variances
Apr 2 Example
Example
12 Apr 9 Differences in Two Populations (NP/NN) SCP
Wilcoxon Rank Sum Test
Apr 9 Example
Example
13 Apr 11 Differences in Two Matched Populations (NP/NN) SCP
Sign Test
Apr 11 Example
Example
17 Apr 16 Differences in Several Populations (NP) SCP
Chi Squared in One Dimension
Apr 16 Example
Example
18 Apr 18 Relations Between Two Populations (NP) SCP
Chi Squared in Two Dimensions
Apr 18 Example
Example
14 Apr 23 Differences in Several Populations SCP
Analysis of Variance One Factor
Apr 23 Example
Example
14 Apr 25 Differences in Several Populations SCP
Analysis of Variance One Factor
Apr 25 Example
Example
15 Apr 30 Relations Between Two Populations SCP
Analysis of Variance Two Factors
Apr 30
May 2
Example
Example
19 May 7 Relations Between Two Variables SCP
Simple Regression
May 7 Example
Example
20 May 9 Relations Among Several Variables SCP
Multiple Regression
May 9 Example
Example
21 May Selecting and Applying the Proper Test SCP
Data Analysis
May 9 Example
Example
21 May Selecting and Applying the Proper Test SCP
Data Analysis
May ?? Course
Evaluation
Exam May Exam Week SCP
Exam Week & Course Evaluation Due
May    TBA May TBA SCP
TBA
May    TBA May  TBA SCP
TBA
May    TBA May 18 TBA SCP
TBA
May    TBA May  TBA SCP
TBA
May    TBA May  TBA SCP
TBA
May    TBA May  TBA SCP
TBA
May    TBA May  TBA SCP
TBA
May    TBA May  TBA SCP
TBA
May    TBA May  TBA SCP
TBA

 

Attendance --
College Policy requires a written notice concerning attendance. Attendance is mandatory. Each class missed may result in a deduction from the final course grade. The student is responsible for all announcements, lectures, assignments, exercises, quizzes, etc., whether or not the student is present in class to receive them or turn them in. The instructor will not repeat lectures, classes, or instructions for individual students.  Be aware that not receiving or turning in an assignment because of absence from class will result in a zero score for that assignment. In addition, the instructor’s perceptions of a student’s attendance will influence assignment or course grades.

 

Course Perspectives --  Information contained in the following tables is expected to be part of every core course outline in the School of Business and Economics at Plattsburgh State University.
There exist "perspectives" that form the context for business activities and study. Knowledge relating to such perspectives receive, to a greater or lesser extent, emphasis in all business and economics courses. To the extent specified on the matrix below, faculty in the department teaching this course cover these perspectives through examples, case studies, assignments or reading material. Similarly, a particular course may provide, in one way or another, opportunities for students to enhance their performance or understanding with respect to specified skills. For this particular course, the emphasis given to enhancing knowledge of selected perspectives and developing particular skills, ranging from none to high is as follows:

 Skills Enhancement

None

Low

Mod

High

 

Knowledge Enhancement

None

Low

Mod

High

Written Communication

  x    

Ethical

  x    

Oral Communication

  x    

Global

 x      

Mathematical Analysis

      x

Political, Social and Legal

  x    

Statistical Analysis

       x

Regulatory

x      

Computer Literacy

     

Environmental

x      

Team Building

      

Technological

     x  

Research Methods

     x  

Demographic Diversity

x      

Analytical & Integrative Processes

    x    

 

Note --

This course outline is not necessarily a complete description of the course and does not constitute a contract between the student and the instructor or the College. Changes may be made to the policies and information on this outline.

 


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