BSTAT5325.003 ADVANCED BUSINESSSTATISTICS
Semester:Summer 2011Class Time:M 6:00p.m. - 8:40p.m.
Instructor:Dr.Zhen LiS8:30a.m. - 11:10a.m.
Office:TBAClassroom:UTASF111
Telephone:(817) 272-3556Office Hours:M5:00 p.m. - 6:00 p.m.
Email: 7:30 a.m. – 8:20 a.m.
Prerequisite:Math 1316 or Calculus (and preferably Statistics 1)
Student Learning Outcomes:
- The student will be able to fit and evaluate simple regression models and make and interpret inferences in this context when appropriate.
- The student will be able to fit and evaluate multiple regression modes and make and interpret inferences in this context when appropriate.
- The student will be able to build, interpret, and use multiple regression models using specified variable selection criteria.
- The student will be able to analyze time series data using the classical decomposition model.
- The student will be able to forecast using time series models with linear trend and seasonality.
- The student will be able to distinguish experiments from observational studies and restrict causal inference to experiments.
- The student will be able to define, identify, design, analyze and interpret completely randomized oneway and factorial designs and randomized block designs..
- The student will be able to build regression models and make appropriate inferences; analyze and forecast a time series variable; and design and analyze and interpret using appropriate software such as NCSS.
- The student will be able to apply the above statistical methodologies to business decision making and risk assessment.
Required Textbooks and Other Course Materials:
Statistics for Managers: Using Microsoft® Excel, 6th Edition
byLevine, Stephan, Krehbiel and Berenson
ISBN-13: 978-0-13-703522-9, ISBN-10 0-13-703522-5
Required Software: Microsoft Excel
Grading Policy: The course grade will be determined as follows:
Assessment Test10%
Assignments10%90 or aboveA
Class Participation10%80 - 89B
Exam 120%70- 79C
Exam220%60- 69D
Final Exam 30%59 or belowF
(There will be a penalty of 10% per weekday for late assignments & extra credit.)
Assessment Test:
The MBA cohort office is investigating an assessment tool that is to be used to determine if a student is prepared for taking BSTAT 5325. Therefore Dr. Eakin and Dr. Li will be requiring you to purchase the Statistics Foundations and complete the assessment test from by June 13th. Ten percent of your class grade in both classes will be based on the completion of this test. There are three modules that the students will have questions from. For my class, of the 10 points, 4 points will be for purchasing the product and 2 points for successfully completing each one of the three modules.
Class Participation:
Regular class attendance is generally an absolute necessity. If you must miss class for some reason, you are still responsible for the material you missed.
Participation will consist of attendence and discussion of the solutions to suggested exercises. Suggested exercises will be assigned the previous class period and discusssed the following class period. These problems are to reinforce the concepts covered in the class. Students are expected to work on thesuggested exerciseseven though they will not be collected. Occasional some of the suggested exerciseswill be worked in class and included in your grade.
Assignments:
Depending on the enrollment, approximately 4-5 students should form a team in the first class meeting and they will be collectively responsible for allassignments. Each assignment calls for efforts by all team members and culminates in a joint submission. Work on each assignment should be typewritten on 8 ½ x 11 white paper with one-inch margins at the top, the bottom, the left, and the right. Relevant computer printouts should be attached at the end. The assignment number, group number, and names of group members must be clearly indicated on the cover page. In addition, the assignment will be collected at the beginning of the class session and no late submission will be accepted.
It is important to note that a student’s grade on the assignment will be subject to peer and self evaluations at the end of the semester. Suppose, for example, that your group's assignment average score is 95% and you receive an average assessment of 95%. Then your overall homework score will be 95% x 95% = 90.25%. Please see page 5 for a sample partially completed evaluation form for group assignments.
Exams
Exams are closed book and closed notes. Each exam may consist of true/false, multiple-choice, and computational problems. Exams will cover class lectures, discussions, assigned readings, and other materials used in the course (i.e., handouts, overhead slides, assignments, in-class activities, case studies, quizzes, etc.). There will be no make-up exams except that prior arrangements have been made with the instructor or there is documented evidence of an emergency creating the absence. You will need a scantron, calculator and pencil for each exam. Both the exam booklet and the Scantron form must be turned in at the conclusion of the exam.Tests will not be returned, however students may review their test at the next class day. Cell phones and laptops are not allowed during exams.
The first twoexams are NOT cumulative. One single, two-sided study sheet (8 1/2 by 11 inches) will be allowed.
However, the final exam is cumulative based on the entire material. Two pages (letter size) study sheet will be allowed.
You may include anything on the study sheet. But it cannot be shared during the exam. If bad weather prevents a class from being held, then the schedule will be moved down a class day.
Absences based on Religious Beliefs:
A student who misses an examination, work assignment, or other Assignment due to the observance of a religious holy day will be given the opportunity to complete the work missed within 15 days following the due date of the assignment, test, or other Assignment missed. To be eligible for such a make-up, the student must notify me in writing of classes scheduled on dates he or she will be absent to observe a religious holy day. Notification must be made within the first 15 (fifteen) class days through either a written correspondence, personal delivered, acknowledged and dated by me or written correspondence sent certified mail, return receipt requested to me. Failure to follow the rules provided above within the time frames listed will result in the absence being considered unexcused. Refer to for further clarification.
E-Culture Policy:
The University of Texas at Arlington has adopted the University email address as an officialmeans of communication with students. Through the use of email, UT-Arlington is able toprovide students with relevant and timely information, designed to facilitate student success. Inparticular, important information concerning registration, financial aid, payment of bills, andgraduation may be sent to students through email.
All students are assigned an email account and information about activating and using it isavailable at New students (first semester at UTA) are able to activate theiremail account 24 hours after registering for courses. There is no additional charge to studentsfor using this account, and it remains active as long as a student is enrolled at UT-Arlington.Students are responsible for checking their email regularly.
Americans With Disabilities Act:
The University of Texas at Arlington is on record as being committed to both the spirit and letter of the ADA to make reasonable adjustments in the classroom necessary to eliminate discrimination on the basis of disability. Students should meet with the Instructor during the first week of class to discuss their special needs and advise the instructor of any special needs, abilities or limitations and to discuss the instructor’s expectations in class participation, performance and work standards. Any disclosure by the students of their need for accommodations is recognized to be extremely sensitive and all conversations and other communications will be kept protected and confidential and disclosed on a need-to-know basis only.
Students are responsible for contacting and consulting with the University’s Office for Students with Disabilities prior to contacting the instructor about any disabilities. The student should provide the instructor with some form of written documentation of the disability from an acceptable, external sources (such as a doctor, psychiatrist, etc.) and from the Office for Students with Disabilities.
Academic Dishonest:
All students are expected to pursue their scholastic careers with honesty and integrity.
It is the philosophy of this Department, this instructor and the University of Texas at Arlington that academic dishonesty is a completely unacceptable mode of conduct and will not be tolerated in any form. All persons involved in academic dishonesty will be disciplined in accordance with University regulations and procedures. Discipline may include suspension or expulsion from the University.
“Academic dishonesty includes, but is not limited to, cheating, plagiarism, collusion, the submission for credit of any work or materials that are attributable in whole or in part to another person, taking an examination for another person, or any act designed to give unfair advantage to a student or the attempt to commit such acts.” Regents Rules and Regulations, Part One, Chapter VI, Section 3, Subsection 3.2, Subdivision 3.22.
Institutional procedures regarding charges of academic dishonesty are outlined in Part II, Chapter 2, of the Handbook of Operating Procedures of The University of Texas at Arlington. Copies of the Handbook are available at more than 75 locations on campus, including the Student Congress office, the Library, and the Accounting Department Office.
Tuition:
Students who have not paid by the census date and are dropped for non-payment cannot receive a grade for the course in any circumstances. Therefore, a student dropped for non-payment who continues to attend the course will not receive a grade for the course. Emergency loans are available to help students pay tuition and fees. Students can apply for emergency loans by going to the Emergency Tuition Loan Distribution Center at E.H. Hereford University Center (near the southwest entrance).
Course Schedule: A tentative schedule for this term accompanies this syllabus. I reserve the right to adjust and/or alter the course outline as circumstances warrant.
Tentative Schedule
Date / Chapter / TopicJune 6 / Review Statistics I
June 11 / Review Statistics I
June 13 / 11 / Analysis of Variance
June 18 / 11
12 / Analysis of Variance
Chi-Square Tests and Nonparametric Tests
June 20 / 12 / Chi-Square Tests and Nonparametric Tests
June 25 / Exam 1
June 27 / 13 / Simple Linear Regression
July 9 / 13 / Simple Linear Regression
July 11 / 14 / Multiple Regression
July 16 / 14 / Multiple Regression
July 18 / Exam 2
July 23 / 15 / Multiple Regression Model Building
July 25 / 15
16 / Multiple Regression Model Building
Time-Series Forecasting
July 30 / 16 / Time-Series Forecasting
Aug. 1 / Final Exam
1
Peer Evaluation Form for Group Assignments
Instruction:Please rate each of your fellow team members and yourself with respect to the criteria listed in the table below. Be honest, reasonable, and fair.
Group number:1
Amy Becker / Chris Drake / Eileen Flay / Gene Hanks / YourselfMeeting attendance
(15%) / 13% / 15% / 15% / 14% / 15%
Punctuality of work
(15%) / 13% / 15% / 14% / 15% / 13%
Fair share of work
(30%) / 28% / 30% / 26% / 27% / 29%
Quality of work
(40%) / 34% / 40% / 40% / 35% / 36%
Total
(100%) / 88% / 100% / 95% / 91% / 93%
Name:______Signature:______
Date:______
Comments:______
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1