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BA 275  Quantitative Business Methods

 

For Additional Course Materials, login to the Blackboard Learning System  čhttp://my.oregonstate.edu/

 

BA 275  Quantitative Business Methods (4)

Fall 2007

 

Instructor:

Jim Moran

Office:

Bexell 334

Office Phone:

737-8871

E-mail:

moranj@bus.orst.edu

Office Hours:

Tues  10-11    Thur  2-3         (and by appointment)

 

Course Description – 4Credits: Lecture 4 hours/week

Management decision processes utilizing statistical methods, use and application of probability concepts, sampling procedures, statistical estimation, and regression to the analysis and solution of such business problems as income and cost estimation, sales forecasting, performance evaluation, inventory analysis, and quality control. OTHER PREREQS: MTH 245 and sophomore standing.

Course Objectives

This course teaches quantitative methods used in data analysis and business decision making. Topics covered include: descriptive statistics, correlation and regression, hypothesis testing, statistical process control, and forecasting. Business applications of these techniques are emphasized. Students in this course will acquire expertise in computer-based methods for data analysis and decision making, through computer analysis of business datasets.  Prerequisite:  Math 245 (probability, probability distributions, etc.) and sophomore standing.

 

Learning Outcomes:


  • To understand how quantitative methods affect our daily lives.
  • To be able to assess and recognize inaccurate statistical reports.
  • To be able to calculate and interpret various, selected statistical measurements.
  • To be able to conduct and apply the results of:
    • Tests of hypotheses
    • Simple linear and multiple regression analyses
  • To be able to calculate various confidence intervals and interpret the results.
  • To understand and be able to use tables: standardized normal and “t”.
  • To be able to use computer-based statistical tools (e.g., StatGraphics) to conduct basic statistical tests and analyses.
  • To be able to analyze case studies, determine the appropriate analytical tool, apply the tool, and interpret the results.

 

Learning Resources

Text

·         Anderson, Sweeney and Williams, Essentials of Statistics for Business and Economics (abbreviated 4th ed.) (required: choose either hardcopy or e-copy).

·         ThomsonNow access code (required).

 

Blackboard and ThomsonNow (TNOW) Accounts

·         Access your Blackboard account for course announcements/information/documents.  All of the course materials (syllabus, course packet, announcements, etc.) are available on the campus Blackboard System.  č  https://my.oregonstate.edu     

·         Watch a short video clip to learn to set up a TNOW account.  The link to the video clip is at http://www.wadsworthmedia.com/thomsonnow/student_registration_demo.html.  You need this account for online assignments and weekly tests.

o       “Enter School Name:” (at the time index 1:00), enter: OREGON STATE UNIVERSITY

o       “Course Key” (mentioned at time index 1:32), enter:  E-R4BFH4J3TD92

 

·        The conduct of the course includes:  lectures w/ class notes (ppts); daily help sessions; weekly on-line quizzes and assignments; midterm exam; a data analysis report; and a final exam. 

Rounded Rectangular Callout: Every Class:
Bring the text & a calculator.
The student is expected to:

·         Complete the textbook assignments, and weekly on-line assignments and tests.  [Note:  Data files for the exercises/problems are in Blackboard.]

·         Attend lectures during the regularly scheduled class time and weekly help sessions when needed.

·         Develop appropriate StatGraphics skill level.

 

StatGraphics

Upon completion of this course, students will understand and be able to use STATGRAPHICS CENTURION XV to analyze business, economic and financial data with various statistical tools.  The software is available on all PC’s in the COB Computer Lab, Bexell basement;  or you can obtain a free copy to install on your personal PC from:  a) the OSUware 2007 CD which is available in Milne Computer Center and the Valley Library; or b) a download from this siteč http://tss.oregonstate.edu/softdist/StatGraphics/downloads/index.shtml

 

 

Examinations & Grading:

There are seven weekly on-line tests and seven on-line assignments; plus a midterm, a final, and data analysis report.  No alternate test times are scheduled for any of the exams or assignments.  Bring a calculator (communication devices not allowed) to the midterm and the final (and be sure to use a pencil!).  All tests are closed book, no notes, etc.  They will cover material in the textbook, lectures, problems, on-line assignment and tests.

 

          APPROXIMATE points for final grade & grade breakdown:

 

 

Weekly Test (7)                     (70)    17%

Assignments (7)                    (70)    17

Mid-Term                              (100)    25  

Data Analysis Report            (15)     4

Final                                       (130)    33

Miscellaneous                        (15)     4

                                                 400                  

                               

   A

    B

   C

   D

   F

  92%

   82

  70

  60

<60

 

Exams, Schedules, & Attendance

·       Weekly Tests & Assignments:  See deadlines in the Course Schedule.  You must meet these deadlines for credit.  No make-ups will be given for any reason. 

·       Midterm Exam and Final Exam: No make-up exams will be given.  Students will receive zero points unless:  there are extreme circumstances; the instructor is notified in advance; and an acceptable written excuse or official verification is presented prior to rescheduling.  There is no alternate scheduled time for the final exam.   [Note:   vacation plans and airline schedules are not valid excuses.]

·       No communication devices of any type are allowed in the classroom during exams/quizzes.

 

Important Matters

·         Students with Disabilities
Accommodations are collaborative efforts between students, faculty and Services for Students with Disabilities (SSD). Students with accommodations approved through SSD are responsible for contacting the faculty member in charge of the course prior to or during the first week of the term to discuss accommodations.  Students who believe they are eligible for accommodations but who have not yet obtained approval through SSD should contact SSD immediately at 737-4098.

·         Student Conduct
Be sure to review the university policy academic issues and student conduct
č  http://oregonstate.edu/admin/stucon/achon.htm

 

 

Note:  If you have not had your COB picture taken or if it is “out-dated”, be sure to have it taken by the COB electronic photo staff, before the end of the first week of classes.  They are located in the COB Computer Lab, basement of Bexell Hall.

 

IMPORTANT NOTE:  This syllabus is a guide, not a contract, and therefore may be changed as necessary.  If changes are made, I will announce and discuss them in class.