Applied Business Statistics

BUS 5103
Spring 2011

Instructor: Dr. Abdulhamid Sukar

Office BUS 271
Office Hours MWF 10:00 – 12:00
TR 10:00-1:00

Telephone 581 2845

E-mail abduls@cameron.edu

Textbook: Bowman, Bruce and Richard T.O’Connel, Business Statistics in Practice

Sixth Edition, Irwin Publishers, 2011.

MINITAB Statistical Software, Student Version 15 or any other statistical

package.

Course Description: This course includes a discussion of probability rules, descriptive

statistics, and inferential statistics concepts. Draws upon real world cases to demonstrate
the application of probability and descriptive statistics for making statistical inference in
business and economics.

Course Objective: This course will enable students to:

1. Understand the concepts of statistical summary measures, probability, random

Variables and their distribution, estimation and hypothesis testing, correlation and
regression analysis.
2. Understand the use of computers in statistical calculations
3. Collect analyzes and interprets business and economic data relevant for
managerial decision making.
4. Apply standard statistical inference procedures, and draw conclusions from such
analysis.
5. Report statistical results clearly and concisely.

Examination and Grading Policy:

The grades for this course will be based upon the results of five timed quizzes and two exams.
All tests will be online. I will drop your lowest quiz. No make-up quiz will be given. Plan ahead
to take the quizzes and exam on time and make sure your computer and Internet connection
works well before you start your exam. There will be no excuse if you are locked out. All
quizzes and the final exam will be posted in blackboard at 10:00 am and will remain there for 3
days. The Mid-term exam and/ or the final will be proctored and you need to provide the name
and e-mail address of the person who will proctor your exam. Your proctor should be from
testing centers, libraries, or public schools. A friend, relative, or co-worker is not accepted.
 Tentative Course Outline
Week Topic
Unit 1 1. An introduction to
Business Statistics
2. Descriptive Statistics
Tabular and Graphical
Methods
QUIZ 1 Jan 14-17
3.Descriptive Statistics Numerical
Unit 2 Methods
4. Probability
5.
QUIZ 2 Jan 28-31
Unit 3
5. Discrete Random
Variable
6. Continuous Random
Variables
QUIZ 3 Feb 18-21
Exam I Feb 25-28
Unit 4 7. Sampling Distribution
8. Confidence Interval
QUIZ 4 Mar 11-14
Unit 5 9. Hypothesis Testing
10. Statistical Inference Based
on Two Samples
Quiz 5 April 1-4
Unit 6 13. Simple Linear Regression
14. Multiple Regression
QUIZ 6 Apr 15-18
Final Exam May 4-7
Assignments
All Sections
All Sections
Problems: 2.1,2.2,2.4,2.6.16,2.34,
Sections: 3.1,3.2,3.6
Problems: 3.3,3.19,3.22,3.23,3.24,3.26,3.30,3.34,3.38
Section : All
Problems:
4.3,4.4,4.5,4.7,4.11,4.13,4.18,4.19,4.20,4.24,4.27,4.29,4.3
0
Sections: 5.1-5.3
Problems: 5.3,5.8,5.9,5.12,5.13,5.15,5.24,5.26,5.28
.
Section 6.1-6.4
Problems: 6.23a, c, e, g 6.25,a,c,e,f 6.26a,c,f,k,
6.27a,c,e,g,6.28b,c,d,6.29,6.30,6.32,6.34,6.37,6.40,6.45,1,
3,5
All Sections
Problems: 7.7,7.8,7.9,7.11,7.18,7.21,7.25
Sections: 8.1-8.4
Problems:8.4,8.5,8.16,8.17,8.19,8.20,8.22,8.28,8.29,8.36a
,c,d,f,8.37a,c,d 8,39 8.42,8.44
Section 9.1-9.4
Problems:
9.8,9.9,9.10,9.16,9.18,9.20,9.22,9.23,9.25,9.27,9.29,9.30,9
.32,9.34,9.36,9.37,9.38,9.46,9.48,9.52,9.57,9.58
Section 10.1-10.4
Problems
10.6,10.8,10.18,10.21,10.22,10.24,10.30,10.33,10.35,10.3
8,10.40
Section 13.1-13.7
Problems:
13.5,13.6,13.8,13.9,13.18,13.19,13.29,13.33,13.48,13.50
Section: 14.1-14.8
Problems:
14.2,14.3,14.9,14.10,14.14,14.16,14.26
Grading distribution

Assignment 10%
Project 10%
Mid term 30%
Final Exam 30%
Quizzes 20%

You will be asked to turn in some of the assignment problems for grading

DOS AND DON’TS

1. All course related issues should be posted on Blackboard. I receive

several e-mails each day and it is very likely that I miss your e-mail.

2. All assignments, quizzes and exams should be posted as a WORD,

EXCEL, or PDF. I will not be able to read other file format. All
assignments and tests should be posted by the due date and there is
absolutely no make-up.

3. Please use a reliable computer to take your tests. If you are locked out
I will not re-open a test for you. If you open a test you should continue
until you finish. You cannot save your work and try to finish later. Do
not print or e-mail or copy the test.

4. I will drop your lowest quiz and assignment to account for missed test
or lockouts.

5. Please allow two days to check the keys for a test. I will not open the
key until the last student finishes the test.

Project Assignment
You are just hired by the Department of Education as a junior research officer. Your job
is to help finish a report comparing states that require competency test for graduation
from high school versus those that don’t. Given the data set pertaining to various
characteristics of these states. Write and submit report no more than 10 pages in length
for the questions listed below. Attach all tables and charts in an appendix. The data set is
provides separately in an excel file. You can access the data file from the course web
page in blackboard.
Definitions:

SAT Average combined verbal/math scores of Scholastic Assessment Test during

1994-95 school years.

EXPEND current expenditure for public elementary and secondary education

for the 1995-96 school years, in billions of dollars.

TAKERS Percentage of 1995-95 school year graduates who took the SAT

ENROLL Total enrollment in public elementary and secondary school in the

United States; fall 1995 figure in thousands of students.

TEACHEERS Total number of public elementary and secondary teachers in the

United States; fall 1995 figures in thousands of full time equivalent

RATIO Student-to-teacher ratio in the United States, fall 1995. Calculated

as ENROLL/TEACHERS

SALARY Estimated average annual salary of teachers in thousands of

dollars.

D Dummy variable: 1= require competency test; 0 = do not require competency test.

a. Obtain descriptive statistics comparing the following variables in competency test

required versus not required states. (1) SAT (2) SALARY (3) RATIO (4)
EXPEND (5) TAKERS (6) ENROLL, (7) TEACHERS. Analyze your findings.
b. Form a separate contingency table for type state (competency test required
versus not required) and whether SAT score exceeds 1000.
c. Determine if there is significant difference in the average SAT scores based on
type of state (competency test required versus not required).
d. Determine if there is significant difference in average teachers salary based on
type of state.
e. Determine if there is significant difference in student-teacher ratio based on type
of states.
f. Determine if there is significant difference in EXPEND/ENROLL ratio by type of
state.
g. Determine if there is significant difference in SALARY/EXPEND ratio by type of
state.
Note: When describing the results in parts (c) through (g), clearly specify all hypothesis,
selected level of significance.
h. Develop a regression model that would enable a prediction of SAT score. Make
sure you include the dummy variable in your regression. What factors appear to
influence SAT scores of high school students?

McGrawHill C onnect

Online Registration Instruction

Go to the following Web Address
And click “register now” button

http://connect.mcgraw-hill.com/class/a_sukar_bus5103

This is a unique address for

BUS5103