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Statistics for Managers Using Microsoft Excel

Article · January 2005

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Mark L. Berenson
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 COURSE INFORMATION SHEET

Course Title: Business Statistics I

Course Number: STA 2000

Code/Section: 0335/EL6A

Name of Instructor: Stephen Anderson

Department: Statistics and Computer Information Systems

Phone: (646) 312-3421

Office: NVC 11-250A

I will be available after class.

E-Mail: Stephen_Anderson@baruch.cuny.edu

Course Description:
A one-semester broad-based introductory business statistics course that focuses on descriptive
statistics, control charts, regression, and inferential statistics. Topics covered include graphical
methods, descriptive statistics with exploratory data analysis, an introduction to control charts
(with a focus on special cause and common cause variation), linear regression and correlation,
the normal distribution and sampling distribution of the mean, estimation for means and
proportions, and hypothesis testing for one and two groups. Students will use a microcomputer
statistical package for analyzing selected data sets.

Specific Course Objectives:

At the end of this course, you will be able to:

Understand the terminology of statistical analysis

Know how to use Microsoft Excel to create graphical representation of data as
well as to create commonly used statistics
Be prepared for the use of statistics in various business disciplines including
accounting, finance, marketing, and management

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BBA Learning Goals Addressed in this Course:
The faculty of the Zicklin School of Business has adopted seven (7) “Learning Goals” for BBA
students. The purpose of these goals is to create a common understanding between students,
faculty and potential employers of the core objectives for a business education. The seven goals,
together with assessment criteria , can be viewed at
http://www.baruch.cuny.edu/assessment/Zicklin.htm

The following Zicklin Learning Goals will be addressed in this course:

Analytical and Technological Skills

Business Knowledge/Integrative Abilities

Expectation from Students/Grades:

Student grades will be based on the following items:

Homeworks 10%
Test 1 25%
Test 2 25%
Final Exam 45%
Class Participation 5%

Homework will be assigned for each class session. The assignments will come from the course
text book. In order to gain an understanding of the material, it is critical that you complete each
homework assignment. The homework answers must be posted to Blackboard or handed in at
the start of each class session. No late assignments will be accepted. You must complete 10
homework assignments during the semester in order to receive credit for the homework
assignments.

Each test will be progressively more challenging. The format of each test will include short
answers and/or multiple choice to ensure that you understand the terms reviewed during the
course. In addition, each test will include problems that must be completed. You may use any
calculator, including a graphic calculator, during the tests. You may NOT use your cell phone
during the tests.

All grades will be posted on the Blackboard course site.

Please note: There are no extra credit assignments in this course.

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Grades will be based on the following chart:

Letter Grade GPA Value Scale

A 4.0 93.0 – 100
A- 3.7 90.0 – 92.9
B+ 3.3 87.1 – 89.9
B 3.0 83.0 – 87.0
B- 2.7 80.0 – 82.9
C+ 2.3 77.1 – 79.9
C 2.0 73.0 – 77.0
C- 1.7 70.0 – 72.9
D+ 1.3 67.1 – 69.9
D 1.0 60.0 – 67.0
F 0.0 0.00 – 59.9

Materials:
The department has arranged for a special edition of the course textbook that is more affordable
than the standard textbook. This special edition is available in the Baruch College Bookstore.

Special Edition Title: STA 2000 Statistics for Managers Custom Edition for Baruch College

Original Material
Authors: Levine, Stephan, Krehbiel, Berenson
Title: Statistics for Managers Using Microsoft Excel
Edition: 5th Edition

CUNY’s Blackboard system will be used to post additional course information, including
PowerPoints, videos, and links to other web sites that are required to be used for this course. In
addition, you may need to use one of the Baruch computer labs. For information about
Blackboard access or use of the Baruch computing labs, please see the Baruch Computing and
Technology Center (BCTC) Web site available at:

http://www.baruch.cuny.edu/bctc/student/index.htm

3
Recording Policy:
Students may only record the audio of any course session for their own personal, private use.
Students may not distribute audio recordings to others.

Attendance Policy
All students are required to attend every session of this course. If you miss more than two (2)
class sessions, you will be assigned a grade of a WU which counts as an F. The Registrar’s
office requires that students who have attended no classes before week 5 be dropped from the
class. Attendance will be taken at the beginning of each class period.

Academic Integrity:
Students are expected to know and adhere to the Baruch College Academic Honesty Policy,
found at http://www.baruch.cuny.edu/academic/academic_honesty.html. It states, inter alia, that
Academic dishonesty is unacceptable and will not be tolerated. Cheating, forgery,
plagiarism and collusion in dishonest acts undermine the college's educational
mission and the students' personal and intellectual growth. Baruch students are
expected to bear individual responsibility for their work, to learn the rules and
definitions that underlie the practice of academic integrity, and to uphold its ideals.
Ignorance of the rules is not an acceptable excuse for disobeying them. Any student
who attempts to compromise or devalue the academic process will be sanctioned.

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 STA 2000 EL6A
SPRING 2008
COURSE SCHEDULE

1 SAT Introduction and Data Collection

Homework due 9/13: pp. 14-15, q. 25,26,27
2 SAT Presenting Data in Tables and Charts
Homework due 9/20: pp. 69-75, q 55, 56,57,58,59,60,61,67,68
3 SAT Numerical Descriptive Measures
Homework due 9/27: pp.141-146, q. 45,46,49,50, 61,62
4 SAT Basic Probability
Homework due 10/04: pp. 181-183, q. 40, 41,43,44,50,51
5 SAT Discrete Probability Distributions
Homework due 10/11: p. 192, q 4; p. 196, q. 12, 13, p. 208, q. 34, 35,
p.214, q. 51, 52, 53
6 SAT Normal Distribution
Homework due 10/18: p. 243, q.7, p. 247, q. 17, p 254, q. 38, 39, 40
7 SAT Sampling and Sampling Distributions
Homework due 10/25: p. 267, q. 7, p. 282, q. 25, 26, p. 286, q. 39, 40, 41,
42
Test 1: Covers material from 9/6-10/4
8 SAT Confidence Interval Estimation
Homework due 11/01: p. 302, q. 7, pp. 308-309, q. 18, 19, p.312, q. 28, p.
325, q. 53, p 328, q. 60, 61, 63
9 SAT Hypothesis Testing: One Sample Tests
Homework due 11/08: p. 349, q. 13,14, p.357, q. 30, p 362, q. 47, p. 372, q.
73, p. 376, q. 75, 76, 77, 79.
10 SAT Two Sample Tests
Homework due 11/15: p 397, q.14, 15, pp. 406-407, q. 26, 27, p.414, q. 36,
p. 421, q. 51, p.424, q. 56, 57, 58
11 SAT Chi Square Tests
Homework due 11/22: pp. 450-451, q. 8, 9, p. 464, q. 25
Test 2: Covers material from 10/11 – 11/8
12 SAT Simple Linear Regression
Homework due 12/6: p 509, q. 2, 7, 8 (BY HAND and EXCEL)
SAT Thanksgiving – College Closed
13 SAT Simple Linear Regression
Homework due 12/13: p. 515, q. 19, p 530, q. 45, 59, p. 542, q. 66, 67, 68,
69
14 SAT Course Review
15 SAT Comprehensive Final Exam

Please note: This schedule is subject to change.

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