Topics: Regression analysis, Linear regression, Statistical inference Pages: 8 (1225 words) Published: January 28, 2013
Villanova University

Villanova School of Business

Department of Economics and Statistics

Mat 1430 Business Statistics Dr. Michael W. Varano

Spring 2013 Office: Bartley Hall 1008
All Sections Office Hours: TBA (and/or by appointment) Telephone: (610) 519-7799 e-mail: Fax Number: (610) 519-6054

TEXTBOOK:. Business Statistics: A Decision-Making Approach, 8th Edition David F. Groebner, Patrick C. Shannon, Phillip C. Fry, Kent D. Smith Prentice-Hall Publisher, 2011 ISBN: 9780136121015

COURSE DESCRIPTION:This course introduces the basic statistical concepts and methods in inferential statistics and quantitative decision making useful in analyzing problems in all areas of business and economics. |Topics include: application of descriptive statistics; probability and probability models; point and | |interval estimation methods, hypothesis testing, simple and multiple regression. |

COURSE OBJECTIVES:The purpose of this course is to introduce students to the statistical and quantitative concepts and methodologies as applied to the management environment of a business. It has the following objectives:

1) To develop an understanding of statistical concepts within the context of the business management function, decision-making. 2) To develop students’ ability to recognize, formulate, and analyze decisions of managers through the application of selected statistical and quantitative techniques as decision-making aids. 3) To develop skills that support statistical thinking: (a) descriptive statistics, how to properly present and describe information; (b) and, inferential statistics, stating conclusions based on sample information

|Topical Coverage | | | |I. Numerical and Graphical Summaries (Chapters 1,2,3) | | |II. Probability Distributions (Chapters 4, 5, 6) | | |III. Methods of Inferential Statistics (Chapters 7, 8, 9, 10, 11, 12, 13) | | |IV. Regression and Correlation Analysis (Chapters 14, 15, (17 optional)) | | | | | |A schedule of topical coverage is found at the end of the syllabus. To assist with the analysis of the chapter problems, homework and | | |class discussions, the course will use Microsoft Excel and PhStat2, an add-in to Excel which becomes available when you purchase your | | |textbook. Ethical business situations will be discussed where applicable. |

GRADING:Assignments and Project (5%); Exams I (30%), Exam II (30%); Final (35%)
(Adjustments will be made if a third examination is included)

ASSIGNMENTS: Recommended practice problems will be assigned in each topic area. Solutions for these problems will be available. There will be...
Continue Reading

Please join StudyMode to read the full document

Become a StudyMode Member

Sign Up - It's Free