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Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Part 1: Course Information Instructor Information Instructor: Alison Kelly Email: [email protected] (e-mail is the best way to reach me; I will try to respond within 24 hours M-F) Phone: (617) 573-8259 Office: Room 1010, 10th floor, 73 Tremont St. Office Hours: Mondays and Wednesdays from 10:00 am – 11:30 am and by appointment Course Information Face-to-Face Meetings: Wednesdays 1:00 PM – 2:15 PM Location: Sawyer 1209 Catalog Description: Application of statistical analysis to real-world business and economic problems. Topics include data presentation, measures of central locations and dispersion, probability and probability distributions, estimation and hypothesis testing, simple and multiple regression models. The use of Excel is emphasized throughout the course. Prerequisites: MATH130, MATH134, MATH146, or MATH165; ability to use and have regular access to a computer. Credit Hours: 4.0 This course follows the Federal Government’s Credit Hour definition: “An amount of work represented in intended learning outcomes and verified by evidence of student achievement that is an institutional established equivalence that reasonably approximates no less than: (1) One hour of classroom or direct faculty instruction and a minimum of two hours of out of class student work each week for approximately fifteen weeks for one semester or trimester hour of credit, or ten to twelve weeks for one quarter hour of credit, or the equivalent amount of work over a different amount of time; or (2) At least an equivalent amount of work as required in paragraph (1) of this definition for other academic activities as established by the institution including laboratory work, internships, practica, studio work, and other academic work leading to the award of credit hours.” Course Context This course follows a hybrid format where the majority of the lectures are covered outside of class time. Class time is used to review the more difficult concepts and solve homework exercises and case studies. In-class and out-of-class requirements are as follows: Suffolk University Page 1 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 In-class requirements: A weekly, 1.5-hour in-class meeting where we review the weekly-assigned material and solve homework exercises and case studies. Students also take quizzes and exams during this time period. - 1.5 hours a week. Out-of-class requirements: Outside of class, students are required to complete assigned readings, watch video lectures, complete conceptual exercises (referred to as LearnSmart) and online homework assignments (see below for description of LearnSmart and online homework assignments). - 10.5 hours a week. The total time required per week is a minimum of 12 hours. Instructional Materials Plan 1. Required CustomTextbook entitled Applied Statistics Custom w/Connect Plus - STATS250; available ONLY at the Suffolk University bookstore. This includes Essentials of Business Statistics – Communicating with Numbers, by Sanjiv Jaggia and Alison Kelly, 2013, McGraw-Hill Publishers WITH an access code to McGraw-Hill’s Connect Plus (ebook and online assignment and assessment system). 2. Online lectures on selected topics will be available on Blackboard. 3. Prior to each class meeting, students will be required to answer a set of conceptual exercises using LearnSmart (a component of CONNECT – it is an adaptive self-study technology). Each LearnSmart assignment must be submitted before the scheduled class meeting time. Late submissions are not allowed. These assignments evaluate the student’s work in preparation for the class meeting. 4. Students will be required to complete weekly online homework assignments using CONNECT. These homework assignments are typically due the Sunday after each face-to-face meeting. CONNECT grades homework automatically and provides feedback on any problems that students are challenged to solve. Late submissions are not allowed. 5. There will be approximately four quizzes during class meetings. 6. There will be two scheduled exams and a cumulative final. Technology Requirements Internet connection (DSL, LAN, or cable connection desirable) Access to Blackboard Access to CONNECT. Access to Microsoft Excel 2007, 2010. I expect that you have had some exposure to Excel. Blackboard Access To access this course on Blackboard you will need access to the Internet and a supported Web browser (Internet Explorer, Firefox, Safari). To ensure that you are using a supported browser and have required plug-ins see the Supported Browsers for your Blackboard course. If you need technical assistance at any time during the course or to report a problem with Blackboard you can: Visit Blackboard’s FAQ's Webpage Visit Blackboard’s Student's Webpage Suffolk University Page 2 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Submit a Problem Ticket Part 2: Course Goals & Learning Objectives GOALS Upon successful completion of this course, students will know/understand: Understand how to summarize data. Understand probability and probability distributions. Understand statistical inference. Understand regression analysis. OBJECTIVES Upon successful completion of this course, students will be able to: ASSESSMENTS How the student will be assessed on these learning objectives: 1. Present data effectively with the use of tables and graphs. 2. Compute and interpret measures of central location and measures of dispersion. 1. Employ basic concepts including conditional probabilities and rules of probabilities. 2. Compute summary measures for a probability distribution. 3. Compute probabilities for discrete and continuous probability distributions. 4. Discuss the sampling distribution of the sample mean and the sample proportion. 1. Construct confidence intervals for the population mean and the population proportion. 2. Select a sample size to estimate the population mean and the population proportion. 3. Conduct hypothesis tests about a population mean and population proportion. 1. Interpret the components of a regression model. 2. Use the regression model to make a prediction using sample data. 3. Assess the regression model. On-line assignments, inclass assignments, in-class quizzes and exams On-line assignments, inclass assignments, in-class quizzes and exams On-line assignments, inclass assignments, in-class quizzes and exams On-line assignments, inclass assignments, in-class quizzes and exams Part 3: Grading and Course Policies Graded Course Activities LearnSmart assignments contribute 5% to the final grade. These assignments must be submitted BEFORE the scheduled meeting time. The grade evaluates your work on the material as a part of the required preparation to the class meeting. See the Connect: LearnSmart folder under Course Documents on Blackboard for all of these assignments. On-line homework assignments contribute 20% to the final grade. These assignments require submitting written solutions on CONNECT at or before the due date. See the Connect: Homework folder under Course Documents on Blackboard for all of these assignments. Suffolk University Page 3 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Participation contributes 5% to final grade. For each face-to-face class, you will be given one point for attending and one point for actively participating in class. In-class quizzes contribute 5% to final grade. Exam I contributes 15% to the final grade and Exam II contributes 20% to the final grade. Final Exam (cumulative) contributes 30% to the final grade. Activity LearnSmart On-line homework assignments Participation In-class quizzes Exam I, October 1st (Wed.) Exam II, November 12th (Wed.) Final exam, December 9th (Tues.) Contribution to Final Grade 5% 20% 5% 5% 15% 20% 30% Late Work Policy No make-ups are given on any quiz/exam and no late assignments are accepted. Unexcused absences will result in a zero for that particular quiz/exam. For an absence to be excused, you must come see me during my office hours and explain your absence (documentation always helps). I will reweight your grade after this occurs. Viewing Grades in Blackboard All grades will be available via the Grade Center on Blackboard. Please consider the online gradebook as a courtesy to you, subject to errors given various upgrades and shifts in the software. I reserve the right to make gradebook corrections to keep it consistent with the syllabus so that your grade reflects true performance, not software or user error. If you see something that doesn’t make sense, please alert me! Thanks much for your help. Letter Grade Assignment Final grades assigned for this course will be based on the percentage of total points earned and are assigned as follows: > 92% A 89% - 92% 86% - 88% 83% - 85% 79% - 82% AB+ B B- 76% - 78% 73% - 75% 69% - 72% 50% - 68% < 50% C+ C CD range F Withdrawal Deadlines September 23 is the last day students can withdraw from a course without receiving a grade of W. The course will be completely removed from the student's transcript. Students may do this online via MySuffolk. October 30 is the last day students can withdraw from a course without receiving a grade of F. They will receive a W on their transcript instead. Students may do this online via MySuffolk. Suffolk University Page 4 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 After October 31, students may not withdraw from courses unless they have serious extenuating circumstances and documentation. Students should email the Student Affairs Office to request a late course withdrawal. Academic Integrity Policy Academic dishonesty (cheating, plagiarism, etc.) will be reported to the Office of Student Affairs. Reports will be addressed through the Student Discipline System. An undergraduate student who has been found to have violated this policy is subject to an automatic grade of “F” in the course and to suspension, enforced withdrawal, or dismissal from the University or appropriate lesser penalties if warranted by the circumstances. Disability Statement If you anticipate issues related to the format or requirements of this course, please meet with me. I would like us to discuss ways to ensure your full participation in the course. If you determine that formal, disability-related accommodations are necessary, it is very important that you be registered with the Office of Disability Services (located in 73 Tremont St., 7th floor, 617-994-6820) and notify me of your eligibility for reasonable accommodations. We can then plan how best to coordinate your accommodations. The Early Alert Project This class participates in Suffolk’s Early Alert Project. Around week 6, I will notify the Ballotti Learning Center if you have struggled with writing or language skills, excessive absences, incomplete work, or difficulty with the course content. This warning is not an official grade, yet it indicates concerns I have about your progress that need to be addressed immediately. If you are contacted about an Early Alert, please respond to those individuals and also visit me during my office hours so we may talk about strategies for how you can be successful in this class. Physical/Emotional Health A range of issues can cause barriers to learning, such as strained relationships, increased anxiety, health issues, alcohol/drug problems, feeling down, difficulty concentrating, lack of motivation, or feeling ill. These concerns or other stressful events may lead to diminished academic performance or may reduce your ability to participate in daily activities. University resources can help you address these and other concerns you may have. You can learn more about Suffolk’s broad range of confidential medical and mental health services at http://www.suffolk.edu/campuslife/2746.php Outside of Class Resources Students are strongly recommended to meet with me in person or via email with any questions or for help in understanding the material and solving problems. In addition, the Center for Learning and Academic Success (CLAS) provides free STATS250 study sessions and individual tutoring (visit the CLAS website for more information). Suffolk University Page 5 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Miscellaneous In the event that the university cancels classes, such as for severe weather, students are expected to continue with readings and homework as originally scheduled. Any change in the due dates of readings/assignments will be posted on the Announcement page on Blackboard. The schedule, policies, procedures, and assignments in this course are subject to change in the event of extenuating circumstances, by mutual agreement, and/or to ensure better student learning. It is the student’s responsibility to check the Announcement page on Blackboard for corrections or updates to the syllabus. Part 4: Topic Outline/Schedule Prior to each in-class meeting, you are expected to: Complete all relevant readings, View online lectures (see Blackboard > Course Documents > Video folder), and Complete LearnSmart assignments (see Blackboard > Course Documents > CONNECT: LearnSmart Assignments folder). By 11:59pm on Sunday after each in-class meeting, you are expected to: Complete the relevant on-line homework assignment (see Blackboard > Course Documents > CONNECT: Homework Assignments folder). Accessing Connect Plus for the first time: Log in to Blackboard and go to our course: STATS-250-HYB2. Select Course Documents > CONNECT LearnSmart Assignments > Chapter 1. Statistics and Data. (This is the one of the two assignments that you need to complete prior to our first face-to-face meeting on September 4th – see below for more information.) Follow the steps to register. Once you register, you will not have to sign into Connect again; you will access all assignments via Blackboard. For more detailed information on registering, go to McGraw-Hill’s Student Quick Tips. Date Meeting 1: Prior to Wed. 9/3 Assignment First in-class meeting: See Blackboard’s Announcement Page. Read Chapter 1: Statistics and Data 1.1 The Relevance of Statistics 1.2 What is Statistics? 1.3 Variables and Scales of Measurement Watch Module 1. Statistics and Data Complete LearnSmart Chapter 1. Read Chapter 2: Tabular and Graphical Methods 2.1 Summarizing Qualitative Data 2.2 Summarizing Quantitative Data Watch Module 2. Tabular and Graphical Methods Complete LearnSmart Chapter 2. Suffolk University Page 6 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 9/3, Wednesday 9/7, Sunday Suffolk University In-class meeting on Chapter 1: Sections 1.1-1.3 and Chapter 2: Sections 2.1-2.2. Submit Homework Assignment 1 and Homework Assignment 2 by 11:59 pm. Page 7 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Date Meeting 2: Prior to Wed. 9/10 Assignment Read Chapter 3: Numerical Descriptive Measures 3.1 Measures of Central Location 3.2 Percentiles and Boxplots 3.3 Measures of Dispersion 3.5 Analysis of Relative Location 3.7 Covariance and Correlation Watch Module 3. Numerical Descriptive Measures Complete LearnSmart Chapter 3. 9/10, Wednesday 9/14, Sunday Meeting 3: Prior to Wed. 9/17 In-class meeting on Chapter 3: Sections 3.1- 3.3, 3.5-3.6. Submit Homework Assignment 3 by 11:59 pm. Read Chapter 4: Introduction to Probability 4.1 Fundamental Probability Concepts 4.2 Rules of Probability 4.3 Contingency Tables and Probabilities Watch Module 4. Introduction to Probability Complete LearnSmart Chapter 4. 9/17, Wednesday 9/21, Sunday Meeting 4: Prior to Wed. 9/24 9/24, Wednesday 9/28, Sunday In-class meeting on Chapter 4: Sections 4.1 – 4.3. Submit Homework Assignment 4 by 11:59 pm. Read Chapter 5: Discrete Probability Distributions 5.1 Random Variables and Discrete Probability Distributions 5.2 Expected Value, Variance, and Standard Deviation 5.3 The Binomial Distribution 5.4 The Poisson Distribution Watch Module 5. Discrete Probability Distributions Complete LearnSmart Chapter 5. In-class meeting on Chapter 5: Sections 5.1 – 5.4 Submit Homework Assignment 5 by 11:59 pm. Meeting 5: *** In-class Exam 1: Wednesday, October 1st: Chapters 1 – 5*** Meeting 6: Prior to Wed. 10/8 Read Chapter 6: Continuous Probability Distributions 6.1 Continuous Random Variables and the Uniform Distribution 6.2 The Normal Distribution 6.3 Solving Problems with Normal Distributions Watch Module 6. Continuous Probability Distributions Complete LearnSmart Chapter 6. 10/8, Wednesday 10/12, Sunday In-class meeting on Chapter 6: Sections 6.1 – 6.3. Submit Homework Assignment 6 by 11:59 pm. Suffolk University Page 8 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Date Meeting 7: Prior to Wed. 10/15 Assignment Read Chapter 7: Sampling and Sampling Distributions 7.1 Sampling 7.2 The Sampling Distribution of the Sample Mean 7.3 The Sampling Distribution of the Sample Proportion Watch Module 7. Sampling and Sampling Distributions Complete LearnSmart Chapter 7. 10/15, Wednesday 10/19, Sunday Meeting 8: Prior to Wed. 10/22 In-class meeting on Chapter 7: Sections 7.1 – 7.3 Submit Homework Assignment 7 by 11:59 pm. Read Chapter 8: Estimation 8.1 Confidence Interval for the Population Mean when σ is known 8.2 Confidence Interval for the Population Mean when σ is unknown 8.3 Confidence Interval for the Population Proportion 8.4 Selecting the Required Sample Size Watch Module 8. Estimation Complete LearnSmart Chapter 8 10/22, Wednesday 10/26, Sunday Meeting 9: Prior to Wed. 10/29 In-class meeting on Chapter 8: Sections 8.1 – 8.4 Submit Homework Assignment 8 by 11:59 pm. Read Chapter 9: Hypothesis Testing 9.1 Introduction to Hypothesis Testing 9.2 Hypothesis Test of the Population Mean when σ is known Watch Module 9. Hypothesis Testing (Part 1) Watch Module 10. Hypothesis Testing (Part 2) Complete LearnSmart Chapter 9 (Parts 1 and 2) 10/29, Wednesday 11/2, Sunday Meeting 10: Prior to Wed. 11/5 In-class meeting on Chapter 9: Sections 9.1 – 9.2 Submit Homework Assignment 9 by 11:59 pm. Read Chapter 9: Hypothesis Testing 9.3 Hypothesis Test of the Population Mean when σ is unknown 9.4 Hypothesis Test of the Population Proportion Watch Module 11. Hypothesis Testing (Part 3) Complete LearnSmart Chapter 9 (Part 3) 11/5, Wednesday 11/9, Sunday In-class meeting on Chapter 9: Sections 9.3 – 9.4 Submit Homework Assignment 10 by 11:59 pm. Meeting 11: *** In-class Exam 2: Wednesday, November 12th: Chapters 6 – 9*** Suffolk University Page 9 Economics/College of Arts and Sciences Fall 2014, Syllabus STATS250: Applied Statistics-Hybrid 4 Date Meeting 12: Prior to Wed. 11/19 Assignment Read Chapter 12: Basics of Regression Analysis 12.1 The Simple Linear Regression Model 12.2 The Multiple Linear Regression Model 12.3 Goodness-of-Fit Measures Watch Module 12. Basics of Regression Analysis Complete LearnSmart Chapter 12 (Part 1) 11/19, Wednesday 11/23, Sunday Meeting 13: Prior to Wed. 12/3 In-class meeting on Chapter 12: Sections 12.1 – 12.3 Submit Homework Assignment 11 by 11:59 pm. Read Chapter 12 (cont’d): Basics of Regression Analysis 12.4 Tests of Significance Watch Module 13. Tests of Individual Significance Complete LearnSmart Chapter 12 (Part 2) 12/3, Wednesday 12/7, Sunday In-class meeting on Chapter 12: Section 12.4 Submit Homework Assignment 12 by 11:59 pm. *** In-class Final, Tuesday, December 9th, 3:20 pm – 5:10 pm: Chapters 1 – 9, 12*** Suffolk University Page 10