BUAD310 Lect1 Spring2013

Spring 2013
BUAD 310
Applied Business Statistics
F. Pereira

Session 1

Introduction

1

Introduction
Francis Pereira, Ph.D.
Adjunct Professor
Office
: IOM 401J
Office Hours: Wednesdays 1:00 – 2:00 PM and by appointment
Telephone : [phone]
E-mail
: [e-mail]

2

Course Focus
• Focus on learning various statistical techniques and their applications that will assist you in making business decisions. • Enable students to perform and understand statistical analysis of data, with the view of being able to critically evaluate statistical reports or findings
• Learn to think critically about how statistics is used by others and how it impacts your day to day life and career
No mathematical background beyond high school algebra is required for an understanding of the material

3

Course Requirements
Midterm I

20%

Midterm II

20%

Final Exam

35%

Homework Assignments/Quizzes 15%
Case Analysis

10%

4

Course Requirements
Homework Assignments/Quizzes (15%)
• MyStatLab
• Best Six and Two respectively
Case Analysis

(10%)

5

Course Requirements
• Class Attendance & Participation
• Final Exam: May 15 (7:00 – 9:00 pm)
• Academic Integrity
• Academic Accommodation for Students with
Disabilities:

6

Textbook
Statistics for Business: Decision Making and Analysis with Chi Square Tests by
Robert Stine and Dean Foster, Second
Custom Edition for University of Southern
California, Pearson, 2011.

7

Course Website & Software
Blackboard
StatsCrunch
MyStatLab

8

Caveats
• Not the mathematics
• Language of statistics
H2SO4

9

Topics & Schedule
Date

Reading
[Stine & Foster]

Topic

Week
1

2

3

4

5

6

7

8

9

1/14
1/16

Introduction
Descriptive Statistics

Chapters 1, 2
Chapters 3, 4

1/21

Martin Luther King's Birthday

1/23
1/28
1/30

Probability
Probability
Random Variables

Chapters 7
Chapters 7, 8
Chapter 9

2/4

Covariance and Correlation, Portfolio Analysis

Chapters 6, 10

2/6
2/11
2/13

Normal Distribution
Sampling Distributions