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School of Business
E270 INTRO TO STATISTICAL THEORY 
COURSE OUTLINE FOR FALL 2006
(Class #9893  T, R 7:00-8:15 p.m. KO 108)
 
INSTRUCTOR: Dianne Roden, PhD
Roden
Office: KO 174G, phone 455-9470, fax 455-9348
Office hours: T&R 2:30-4:00 & 5:30-7:00 p.m.or by appointment
WEB PAGE: Roden's Home Page
EMAIL:  droden@iuk.edu
 

TEXTBOOK:   Lind, Marchal and Wathen,  Basic Statistics for Business & Economics, 5th edition

TEXT WEBSITE:     http://www.mhhe.com/lindbasics5e  (includes chapter summaries and on-line quizzes)

SOFTWARE: Microsoft EXCEL, with MegaStat.

OPTIONAL: Study Guide for Basic Statistics. This book will be on reserve in the library.

PREREQ: MATH M118

EXAMS: There will be three exams, two during the semester and one during the final exam period.
 

first midterm Sept 26
in class
second midterm Oct 31 in class
Final exam Dec 12 7:00-9:00 p.m.
 
Your grade will be determined based on the following weights:
 
class participation 10% 25 points
first midterm 30% 75 points
second midterm 30% 75 points
Final Exam 30% 75 points
TOTAL 100% 250 points

Exam format will contain some multiple choice, some short answer, and a number of problems similar to the ones assigned in class.

CLASS PARTICIPATION: Problems and questions from the text will be assigned each week and the solutions discussed in class. Participation in this process, other class discussions, and general attendance will impact this portion of the grade.

GRADES: A 90-100, B 80-89, C 70-79, D 60-69, F < 60
(plus and minus grades will be given in the high & low range of each group)
Grades will be posted on Oncourse at: http://oncourse.iu.edu

Statistics is the science of collecting, organizing, presenting, analyzing, and interpreting data to assist in making more effective decisions.

GOALS: 

  • To understand the critical role of statistics in various disciplines.
  • To develop skills in solving statistical problems
  • To use statistical techniques to develop forecasting models, quality standards, and validate claims.

OBJECTIVES:

  • Understand methods of data collection, organization, interpretation, and presentation.
  • Understand measures of central location, and dispersion.
  • Comprehend the concepts of probability and mathematical expectations.
  • Learn discrete and continuous probability distributions.
  • Draw inferences regarding parameters using confidence intervals and tests of hypotheses.
  • Learn analysis of variance (ANOVA).
  • Utilize regression and correlation models to predict and to measure the strength of association between variables.
  • Know some ethical, political, and social issues of using statistical information.
The structure of this class makes your individual study and preparation outside class extremely important. You will get much more from the lectures if you attempt the problems on your own and you come to class prepared.

LIBRARY RESOURCES:   Solutions to all problems will be put on reserve in the library after they are discussed in class. A Study Guide for Basic Statistics will also be on reserve. The IUK library offers a large variety of resources to supplement this course.  Examples include current newspapers (Wall Street Journal), magazines (Business Week), databases (ABI Inform), and access to the Internet.

 

WEEK DATES TEXT TOPIC & ASSIGNMENT
1 Aug 22

Aug 24

ch1 

ch2

introduction & overview  

frequency distributions

2 Aug 29

Aug 31

HW

ch3

Ch1 #5,6,7,13     Ch2 #3,7,9,13,15,25,31

measures of central tendency and dispersion

3 Sept 5

Sept 7

HW 

ch5

Ch3 #3,9,11,17,25,29,33,39,45,51,73  

 probability concepts

4 Sept 12

Sept 14

HW 

ch6

Ch5 #5,6,14,19,21,27,28,33,35,61  

discrete probability distributions

5 Sept 19

Sept 21

HW 

review

Ch6 #3,5,9,13,15,21,25,27,49

review for first exam

6 Sept 26

Sept 28
EXAM I

ch7

EXAM I 

continuous probability distributions

7 Oct 3

Oct 5

HW 

ch8

Ch7 #1,3,8,9,11,13,17,19,25,27  

sampling methods & central limit theorem

8 Oct 10

Oct 12

HW 

ch9

ch8 #1,5,7,15,17,21,22,37,39  

confidence intervals

9 Oct 17 

Oct 19

HW 

ch10

Ch9 #1,3,5,9,11,15,19,23,25,45  

hypothesis testing: one sample

10 Oct 24 

Oct 26

HW 

review

Ch10 #1,3,7,9,13,15,19,21  

review for second exam

11 Oct 31

Nov 2

EXAM II 

ch11

EXAM II 

hypothesis testing: two samples

12 Nov 7

Nov 9

HW 

ch12

Ch11 #1,3,7,9,13,15,21  

analysis of variance analysis (ANOVA)

13 Nov 14 

Nov 16

HW 

ch13

Ch12 #1,3,7,11,20,23,25 

correlation & regression

14 Nov 21 

Nov 23

TBA 

no class

special class 

Thanksgiving Break

15 Nov 28

Nov 30

HW 

ch14

Ch13 #1,5,9,11,17,19,45  

multiple regression

16 Dec 5

Dec 7

HW 

review

Ch14 #1,3,5,7,11,15,27 

review for final exam

17
Dec 12
FINAL
EXAM
FINAL EXAM
 
Mission Statement of the IUK School of Business: may be found at:   http://www.iuk.edu/~kobus/

Indiana University Kokomo provides equal access and support services to students with special needs. Students with documented disabilities should contact the University Division (455-9309) and discuss any necessary support services or accommodation with the instructor. 
 

 INTERESTING WEB SITES
 
CNN MONEY
business news and stock quotes
OTHER COOL WEB SITES 
lots of interesting finance & econ web sites
 FUN FINANCE SITES  cool
FEDSTATS
gateway to statistics from over 100 US Federal agencies

NATIONAL CENTER FOR HEALTH STATISTICS
monitoring the Nation's health

 
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