BUSA 208 Business Statistics for Decision Making II*

This course is designed to provide students with a fundamental understanding of statistical processes and techniques commonly used in today’s business arena. The course is an extension of BUSA 207, the first semester of statistics; however, the course focuses on the use of established computer software to address statistical problems. Using practical applications and problem solving, students will develop a basic understanding of statistics and its impact and uses in business. Students will develop a working knowledge of such topics as ANOVA, regression, and nonparametric statistics.

Credits

3 Credits

Prerequisite

BUSA 207

BUSA 208Business Statistics for Decision Making II*

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

Business & Economics

II. Course Specification

Course Type

Program Requirement

Credit Hours Narrative

3 Credits

Semester Contact Hours Lecture

50

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite Narrative

BUSA 207

Grading Method

Letter grade

Repeatable

N

III. Catalog Course Description

This course is designed to provide students with a fundamental understanding of statistical processes and techniques commonly used in today’s business arena. The course is an extension of BUSA 207, the first semester of statistics; however, the course focuses on the use of established computer software to address statistical problems. Using practical applications and problem solving, students will develop a basic understanding of statistics and its impact and uses in business. Students will develop a working knowledge of such topics as ANOVA, regression, and nonparametric statistics.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

Communication Communicate statistical concepts to a variety of audiences, both in-writing and orally. Practice discussion and debate skills applicable to statistical concepts. Enhance leadership, teamwork, and cooperation skills. Problem Solving/Analysis Correctly distinguish between and utilize appropriate statistical tools to address business situations dealing with: qualitative and quantitative data; normal and non-normal data; single, two- and multiple populations; relationships and model building. Develop "critical thinking" ability and application skills regarding statistical concepts. Effective Performance Communicate understanding/mastery of course material via classroom discussions. Demonstrate understanding/mastery of course material via homework, exam and project grades. Pursuit of Personal Goals Concentrate on real-world and personal application of course material using problem solving approaches and examples. Global Perspective Communicate the relevancy and applicability of statistical concepts using a global business perspective.

V. Topical Outline (Course Content)

The course consists of three units, each with its own exam, as well as a team project as a class final (see Section VI): Unit 1: Chapter 9: Introduction to Hypothesis Testing Chapter 10: Estimation and Hypothesis Testing for Two Population Parameters Unit 2: Chapter 12: Analysis of Variance Chapter 14: Introduction to Linear Regression and Correlation Analysis Chapter 15: Multiple Regression Analysis and Model Building Unit 3: Chapter 13: Goodness-of-Fit Tests and Contingency Analysis Chapter 17: Introduction to Nonparametric Statistics Chapter 18: Introduction to Quality and Statistical Process Control

VI. Delivery Methodologies

Required Assignments

Homework There are a total of eleven homework assignments throughout the semester. Each homework assignment is worth 20 points, and students are allotted one "free" homework (students may drop the lowest homework score). Team Project Working in groups of two or three, students will prepare a case study reflecting a "real life" statistical issue. As part of the project teams will be required to locate three peer-reviewed, business-related articles. Each team will then have to design an offshoot study around the same topic as the ones used in the articles. Teams will not have to actually conduct a study, only design a study. Each team presents their article to the class during finals week in a 10-15 minute presentation. Teams also are required to turn in a 5-7 page paper that discusses their study and should reflect analytical thinking and application of course material. The project is worth one hundred 100 points: 50 points for the presentation and 50 points for the paper.

Required Exams

Exams There are three section exams worth one hundred 100 points each. The exams are not comprehensive; each exam only pertains to information covered since the previous exam. The exams are individual effort only and contain true/false, multiple choice, and short answer items which may involve calculations and/or interpretation of statistical results. Students are allowed to use a single, one-sided sheet of handwritten or typed notes for each exam. Students are also required to use a basic calculator during exams; no graphing calculators or the like are allowed.

Required Text

Business Statistics: A Decision-Making Approach. Ninth Edition. David F. Groebner, Patrick W. Shannon, and Phillip C. Fry. Prentice Hall, 2014.

Required Materials

Required Activities

Specific Course Activity Assignment or Assessment Requirements

Homework There are a total of eleven homework assignments throughout the semester. Each homework assignment is worth 20 points, and students are allotted one "free" homework (students may drop the lowest homework score). Team Project Working in groups of two or three, students will prepare a case study reflecting a "real life" statistical issue. As part of the project teams will be required to locate three peer-reviewed, business-related articles. Each team will then have to design an offshoot study around the same topic as the ones used in the articles. Teams will not have to actually conduct a study, only design a study. Each team presents their article to the class during finals week in a 10-15 minute presentation. Teams also are required to turn in a 5-7 page paper that discusses their study and should reflect analytical thinking and application of course material. The project is worth one hundred 100 points: 50 points for the presentation and 50 points for the paper. Exams There are three section exams worth one hundred 100 points each. The exams are not comprehensive; each exam only pertains to information covered since the previous exam. The exams are individual effort only and contain true/false, multiple choice, and short answer items which may involve calculations and/or interpretation of statistical results. Students are allowed to use a single, one-sided sheet of handwritten or typed notes for each exam. Students are also required to use a basic calculator during exams; no graphing calculators or the like are allowed. 1. 2.