ISDS 361A PROBABILITY & STATISTICS
Dr. Ram Singhania Website:business.fullerton.edu/isds/rsinghania
OFFICE:SGMH 4149 FAX:(657) 279-5940
E-MAIL:
PHONES:(657) 278-3854 (my office)
(657) 278-2221 (department office)
OFFICE HOURS: MW 9:45-10:00 a.m.
MW 1:00-1:45 p.m.
If regularly scheduled office hours are inconvenient, please contact
me (via e-mail) to make an appointment for another time.
TEXT:Statistics for management & Economics 9th Edition
Custom Edition for IDS 361 A/B
By Keller, Gerald
The Business Writers’ Handbook, by Alred, Brusaw and Oliu (10thedition) -This is a great resource for business writing and can be useful in this course
Course Objectives
To introduce students to the following concepts: Descriptive Statistics (Graphics Displays, Measures of Central Location and Variability); Probability (Basic Probability Rules, Random variables, Binomial, Normal Distributions); Estimation (Confidence Intervals, Hypothesis Testing); Prediction (Simple and Multiple Linear Regression Models) ; and Analysis of Qualitative Data (Proportions).
Students will also learn how the various techniques and approaches above can be applied to a variety of business areas that warrant the use of statistics. We also point out how statistical concepts can sometimes be misused to distort the truth and hence raising ETHICAL ISSUES.
The goal of this course is not to make you a statistician – but to make
you be able to think statistically!
Grading and Related Issues
Description / Weight (%)1 / Attendance & Exercises / 15
2 / Exam #1
TBD / 25
3 / Exam #2 / 25
4 / Final Exam
Final Exam will be given at the scheduled time per Spring 2014 Schedule. / 35
Total / 100%
EXAMS:Exams are closed-book: 1) bring photocopiesof the necessary
tables in the back of the book and 2) bring one 8 ½ by 11 inch
sheet of notes (use both sides if you want). You must bring a
calculator to the exams. There are no make-up exams.
Final grades will be assigned based on the class curve. Curve will be discussed on the first day of the instruction.
The prerequisites for this class are Math 135 and ISDS 265. If you have not successfully completed the prerequisites, you must drop this class immediately. All classes are subject to an administrative audit (i.e., a computer check of course records) early in the course. At this time, any student who has not met the prerequisites will be dropped from class.Common Body Knowledge Content Coverage: This course provides a basic understanding of statistical methods and their application to problem solving.
TUTORING:There is a free tutoring service available for ISDS 361A.The tutoring center is located in MH -46 and MH-59. Visit if you would like to signup for an appointment. I highly recommend that you avail of this free service.
ASSIGNMENTS:Homework problems will be assigned during each class meeting
and will be discussed during the beginning of the following class
meeting. Some of these problems will require the use of a
statistics package or a spreadsheet program. For the computer
work, we will use the Excel spreadsheet program (available in the business school lab). Some exam questions will require you to
read and interpret printouts from the Excel package.
Can you earn any extra credit in this course?
- No extra credit assignments will be given to compensate for poor performance on any of the evaluations.
Class Attendance
- You are expected to attend all lectures in this course. Regular attendance is by far the key to successfully complete most of the assessments in this course.
5-10% of the grade will be strictly based on attendance.
Assigned exercises from the text book
- I will assign home work exercises from the text book corresponding to the topics covered in class. These home work exercises are not graded. I will provide answers to assigned exercises on the website.
Mihaylo College of Business and Economics Assessment Statement
The programs offered in Mihaylo College of Business and Economics (MCBE) at Cal State Fullerton are designed to provide every student with the knowledge and skills essential for a successful career in business. Since assessment plays a vital role in Mihaylo College’s drive to offer the best, several assessment tools are implemented to constantly evaluate our program as well as our students’ progress. Students, faculty, and staff should expect to participate in MCBE assessment activities. In doing so, Mihaylo College is able to measure its strengths and weaknesses, and continue to cultivate a climate of excellence in its students and programs
ISDS 361A (Dr. Ram Singhania)
Text Book: Statistics for management & Economics 9th Edition
Custom Edition for ISDS 361A/B by Gerald Keller.
Tentative course outline
Complete by
Week……TopicReading
1-2Tabular Descriptive TechniquesCh. 3
2Descriptive StatisticsCh. 4
3ProbabilityCh. 6
4Discrete Probability DistributionCh. 7 -1,2
Binomial Distribution 7.4
5Poisson Distribution 7.5
6 Continuous Probability DistributionCh. 8.1
Normal Distribution8.2
7Sampling distributionsCh. 9
8Introduction to EstimationCh. 10
9Introduction to Hypothesis testingCh. 11
10 Inference about a PopulationCh. 12
11Inference about population VarianceCh. 12.2
12-13Simple linear regressionCh. 16
14Multiple linear regressionCh. 17
15 Chi-Square Tests Ch.15
15Review
16 FINAL EXAM