Advanced Applied Business Statistics

Course Details

Course Number: 5603  Section Number: 180

Fall 2010

Location: Dillard College of Business Administration

Classroom Number: 177

Days & Times:

T 1900 2150



Course Attachments

Syllabus  syl-314815MWS-2010-Fall-BUAD5603-20100827-134052.pdf

Textbooks

MSU Faculty Member
Dr. Adam Y.C. Lei   
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Course Objectives

General Learning Goals:
Upon successful completion of this course, students should:
1) Demonstrate problem solving and decision making abilities through the critical analysis,
evaluation, and interpretation of business information.
2) Demonstrate a competency in speaking and writing for common business scenarios.
3) Know how to use team building and collaboration to achieve group objectives.
4) Be able to utilize available technology for common business applications.


Course Expectations

Course Specific Learning Goals:
Upon successful completion of this course, students should have developed the understanding of:
1) The meanings and applications of descriptive statistics and sampling distributions.
2) Estimation and hypothesis testing.
3) Simple linear regression.
4) Multiple regression analysis.
5) Regressions in a time-series context.
6) Nonparametric tests.


Grading Standards

Grading and Evaluation
Course Grading: Midterm Exam 25%
Midterm Project 30%
Semester Project 35%
Participation 10%
Total 100%
90-100 A
80-90 B
70-80 C
60-70 (No credit) D
Below 60 (No credit) F
All grades are firm and non-negotiable. There is no rounding in grades. To maintain the fairness
to the entire class, the same grading criteria will be applied to every student, and no personal
reason will be considered for grading purposes. No grade will be disclosed by email, by phone,
or online.
Midterm Exam:
There will be one in-class open-book exam during this semester. The exam will include
questions on any covered material, e.g., lecture notes, classroom discussions, and reading
assignments. Each student will need a calculator for the exam. The use of cell phones is not
allowed during the exam.

Midterm Exam (continued):
The exam must be taken as scheduled. There is no make-up exam in this course and students
missing the exam without a valid excuse will receive an exam grade of zero. A valid excuse is
defined as an authorized absence (see Midwestern State University Student Handbook (2010-
2011) for the definition) or an unforeseeable, proved, and documented event that requires the
student’s presence in a place other than the classroom during the class period, and such event is
deemed acceptable by the instructor. In the case of an excused absence, the document justifying
the absence must be turned to the instructor within one week from the absence, and the weight
assigned for the missed exam will be redistributed to the other components of the semester grade.
Midterm Project:
There will be one midterm individual project during this semester. The project topic and specific
guidelines will be given in class, and students will have the specified time to complete the
project.
Semester Project:
Student are required to form teams of 3 members and use the statistical techniques covered in
this course, especially those on multiple regression analysis, to analyze a business problem and
provide specific suggestions toward the resolution of the problem.
Team Formation
If the class size at the second class period (for the class size to stabilize) is not a multiple of 3,
then at most N = Remainder of (class size/3) teams can have 4 members. The composition of a
team cannot be changed once the term is formed, and each team is at its own risk that its
members may later withdraw or be dropped from this class during the semester. The team
formation is due on September 14 (Tuesday). Each team should send the instructor an email on
or before the due date with a list of team members for the official record. Students who are not in
a team by the due date will form teams of 1 member, and those students will face a grade penalty
on failing to meet the team formation deadline. Individual teams will be evaluated on the same
basis regardless of team size, and students in the same team will receive the same grade on the
semester project regardless of their responsibilities within the team. The formation of team is on
a first come, first served basis.
Project Topic
The business problem can come from any aspect of a for-profit business, e.g., finance,
management, marketing, and so on, but it should be important and well defined enough to justify
the analysis. For this purpose, each team should seek and secure the instructor’s approval on the
identified topic through emails on or before September 28 (Tuesday). Teams failing to meet the
topic deadline will face a grade penalty on their semester projects, and these teams run the risk
that the quality of their projects may be unacceptable when the projects are evaluated.

Project Topic (continued)
Each team proposing a topic should formulate and address at least the following items, and be
prepared to answer the instructor’s questions:
1) What is the business problem and why is it important?
2) What is the statistical relation implied by the business problem?
3) How are the dependent variable and the independent variables defined?
4) The availability of data.
A topic proposal usually will take several runs between the team and the instructor to address
potential concerns on the specific topic before the proposal is finally accepted.
Presentation
Each team will present its preliminary and completed analyses, respectively, to the entire class
during the designated class periods. For the preliminary presentation, the empirical results other
than the regression analysis should be prepared.
Final Report
Each team should submit its analysis to the instructor in a final report on the last day of semester
project final presentation.
The submitted report is subject to the following format requirements:
1) Margin: 1 inch
2) Font size: 12
3) Font: Times New Roman
4) Line spacing: Double
5) Page limits: Minimum 15 pages and maximum 25 pages (excluding cover page, references,
appendix, and table/figures)
The report should have at least, but is not limited to, the following components/sections in the
designated order:
1) Cover page
2) Executive summary
3) Introduction
4) Statistical analysis
5) Conclusion
6) References
7) Appendix (if any)
8) Tables
9) Figures (if any)

For the semester project, students can use any resource they have, but the analysis needs to be
original. A team meeting all the deadlines with a final report meeting all the requirements above
will have at least 20 points on the semester project. The exact semester project grade, however,
depends on the quality of the presentations and the final report.
Participation:
A student's grade on class participation depends on three factors: 1) Attendance, 2) Performance
on raising and answering questions in class, and 3) Grades on random assignments. There is no
guarantee that a student attending every class will automatically receive the full credit on class
participation.
For the record keeping purpose, each class period a roll sheet will be passed through the class
and students need to make sure that they sign on the roll sheet. Signing any other student’s name
on the roll sheet is considered as a disruptive conduct in this course.


Submission Format PolicyNote: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

Students who miss more than one third of the class periods without valid excuses will be
dropped from this course. A valid excuse is defined as an authorized absence (see Midwestern
State University Student Handbook (2010-2011) for the definition) or an unforeseeable, proved,
and documented event that requires the student’s presence in a place other than the classroom
during the class period, and such event is deemed acceptable by the instructor. In the case of an
excused absence, the document justifying the absence must be turned to the instructor within one
week from the absence.


Other Policies

Instructor Drop, Midwestern State University Graduate Catalog (2010-2012), p. 27
An instructor may drop a student any time during the semester for excessive absences, for
consistently failing to meet class assignments, for an indifferent attitude, or for disruptive
conduct. The instructor must give the student a verbal or written warning prior to being dropped
from the class. An instructor’s drop of a student takes precedence over the student-initiated
course drop of a later date. The instructor will assign a grade of either WF or F through the first
8 weeks of a long semester, first 6 weeks of a 10 week summer term, or the 11th class day of a 4
or 5 week summer term consisting of 20 days. After these periods the grade will be an F. The
date the instructor drop form is received in the Office of the Registrar is the official drop date.
Students who miss more than one third of the class periods without valid excuses will be
dropped from this course. A valid excuse is defined as an authorized absence (see Midwestern
State University Student Handbook (2010-2011) for the definition) or an unforeseeable, proved,
and documented event that requires the student’s presence in a place other than the classroom
during the class period, and such event is deemed acceptable by the instructor. In the case of an
excused absence, the document justifying the absence must be turned to the instructor within one
week from the absence.

The “Three C” Rule, Midwestern State University Graduate Catalog (2010-2012), p. 60
Graduate students who earn a grade of “C” or below in no more than two different graduate
courses will be allowed to remain in the MBA program as long as their cumulative GPA remains
3.00 or higher. However, after earning the second “C” or below grade, a graduate student must
meet with the Graduate Coordinator to create a plan for improving performance. If a graduate
student earns a grade of “C” or below in more than two different graduate courses, the student
will be dismissed from the MBA program.
 

Other Course Policies
1) Please bring a calculator to class.
2) It is obviously in a student’s best interests to attend class regularly.
3) Students are expected to read the class material before and after the scheduled classes.
4) Announcements not made in class will be posted online through WebCT. Students have the
responsibility to check the postings and class material regularly.
5) Video, audio, and image recording other than taking hand-written or typed notes in the
classroom is not allowed without the prior consent of the instructor. Redistribution of course
material prepared by the instructor in any form outside this class is not allowed.
 

Academic Integrity
Students shall follow the “Student Honor Creed” on p. 51 of the Midwestern State University
Graduate Catalog (2010-2012). A student who commits academic dishonesty is subject to
conduct sanctions (Please refer to the Midwestern State University Student Handbook (2010-
2011) for the definition of Academic Dishonesty, Conduct Sanctions, and Academic Misconduct
Procedures).
 

Americans with Disabilities Act
This course follows the university policies and guidelines suggested by the Disability Support
Services Office for qualified students. Students are referred to p. 53 of the Midwestern State
University Graduate Catalog (2010-2012) for details.
 

Syllabus Change Policy
This syllabus is a guide for this course and is subject to change with advanced notice.


Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at http://academics.mwsu.edu/wpr, or call 397-4131.