decision sciences 101 - data analysis for managers · decision sciences 101 - data analysis for...
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Spring 2013
CALIFORNIA STATE UNIVERSITY, SACRAMENTO
School of Business Administration
Decision Sciences 101 - Data Analysis for Managers
COURSE OUTLINE
INSTRUCTOR: Dr. Stanley A. Taylor
OFFICE: TAH -2096
E-MAIL [email protected] OFFICE PHONE: 278-5439 (Voice Mail)
OFFICE HOURS: T TH 6:45 – 7:15 AM ; 12:00-1:00 PM or by appointment
REQUIRED TEXT
Download from . Blackboard
Additional Resources --- for review material
Online Statistics Education: An Interactive Multimedia Course of Study http://onlinestatbook.com/
Kahn Academy (KA)
http://www.khanacademy.org/
PREREQUISITES
MIS 1,2,3 Stat 1 and Math 24.
COURSE OBJECTIVES
The objectives of this course are to prepare the students to:Understand variation. Be able to differentiate
between specific variation and common variation, as applied to managerial decision-making situations.
1. Develop an intuitive feel for statistical techniques. 2. Use statistical software [STATGRAPHICS] and interpret computer outputs. 3. Communicate, verbally and in written form, statistical results. 4. Understand the important characteristics of forecasting. Remember "Some people predict the
future. You can intelligently compute it." 5. Create and manipulate data files in order to conduct appropriate statistical analysis.
CATALOG DESCRIPTION
The current catalog description is as follows: A second course in business statistics that focuses on the
application of statistical methods to business problems. Emphasis is placed on case studies, data analysis,
model building techniques, statistical reasoning, and communications of statistical results. A statistical
computer package [StatGraphics Centurion XVI] will be used in the course.
Prerequisites:[MIS1,2,3 ] MATH 24 and STAT 1. 3 units.
COURSE OVERVIEW
This course is designed to provide students with the background to execute data analysis in a managerial
capacity. The key factors to accomplish this are obtaining an intuitive feel for statistical modeling and the
ability to utilize the computer via statistical software [StatGraphics Centurion XVI]. Emphasis is placed on
statistical thinking, not memorization of statistical facts.
To be successful in this course, you should be:
1. PREPARED -- You should study the assigned pages before coming to class.
2. PRESENT -- You are expected to attend class. [If you miss class, you are responsible for
obtaining class assignments, handouts, and a copy of another student’s notes.]
3. PAY ATTENTION and PARTICIPATE - ask questions and put your mobile phone away
ASSIGNMENTS DUE DATE POLICY
Assignments are due at the beginning of class. Once class starts on the due date, no more assignments will
be accepted. NO EXCEPTIONS. Frequently, assignments will be discussed in class on the due date, hence
to make the discussion meaningful, it is suggested that you make an extra copy of your assignment so that
you have a copy during the discussion.
Assignments will be given via SacCt (blackboard).
EXAMS
The exams will require using the computer to analyze data. Make-up exams are not given. Check the course
outlines for the specific dates. Unless there is a justifiable excuse,* missing an exam will result in a score of
0. *Dr. Taylor determines what is justifiable.
Practice exams (copies of exams from previous semesters) will be posted on Blackboard.
CSUS student IDs will be required at time of each exam.
PROJECT AND CLASS PRESENTATION
Students will be assigned a term project. Written projects will be due April 25 . Written proposals
are due no later than March 21. If one fails to submit a proposal on, or before March 21, they will
receive a score of 0 for the project, No exceptions
RECOMMENDED MATERIALS
STATGRAPHICS Centurion software. Details regarding the distribution of the software is provided via
Blackboard..
GRADING POLICY
Your final grade will be based on your performance on exams, quizzes, project, and homework
assignments. The course components are indicated below:
Exam 1 100 Points
Exam II 150 Points
Exam III (Final- optional) 200 points
Quizzes* 10 Points Each
Written Project** 60 Points
Homework Assignments / Cases Varies By Assignment
* Lowest quiz will be dropped
** Abstract must be approved in order to receive any credit for the project or status report.
Minimal grades are assigned in accordance with the following percentages:
A = 93 - 100% C = 73 - 76%
A- = 90 - 92% C- = 70 - 72%
B+ = 87 - 89% D+ = 67 - 69%
B = 83 - 86% D = 63 - 66%
B- = 80 - 82% D- = 60 - 62%
C+ = 77 - 79% F = < 60%
*The scale may be lowered but not raised.
Incomplete (I) is not awarded in this class. Extra credit exercises, or projects, are not assigned nor will
they be accepted for credit.
Who will fail the course? Those who:
1. Do not turn in homework. 2. Memorize facts, and fail to see "the big picutre". 3. Write down everything said in class without thinking about "the big picture" 4. Are afraid to ask questions 5. Are over committed 6. Don't experiment with the software (Statgraphics) until an assignment is to be turned in
for credit. 7. Only come to some of the classes
ACADEMIC DISHONESTY
The attempt by a student to cheat on an exam or other academic assignments or engage in plagiarism is a
violation of a fundamental principle of academic honesty and integrity and will not be tolerated in the
University. Penalties will be imposed on students who are found guilty of academic dishonesty. The Dean
of Students will be notified and, at a minimum, a student guilty of academic dishonesty will be awarded the
letter grade of "F" in this course.
TENTATIVE SCHEDULE
Date Topic Text Pages Assignment /Comments
Jan 29 Introduction Review Mean and Variance Parameters vs Statistics
Syllabus Pg 5-7
Download and install Statgraphics Centurion if you desire to use it outside the CSUS computer labs
Jan 31 Review: Random Variables Sampling Sampling Distributions Normal Distribution Standardization
Pg 5-7 Work on Math Concepts for Feb 7
Feb 5 Confidence Intervals Hypothesis Testing P Value
Pg 8-16
Feb7 Review Math Concepts
Feb 12 Go over HW #1.. Quiz #1
Feb 14 Go over Quiz 1 Continue HW #1
Case #1 assigned
Feb 19 Red Bead Experiment Variation: Specific vs Common Data Types: Time series vs cross sectional
Pg 21-24
Feb 21 Go over case #1 Statistical Quality Control
. Pg 24-29
Work through the series in HW.SF3. See pg 30-42 for assistance
Feb 26 Quality Control Transformations Random Walk
Pg 43 -60
Feb 28 Experimental Design ANOVA 1 and 2 way
Pg 143- 159
Mar 5 ANOCOVA
Pg 162 Go over ANOVA problems
Mar 7 Review
Mar 12 Exam #1
Mar 14 Model Building -- 3 Phases Simple Linear regression Market Model Project Discussed
Pg 61-86
Mar 19 Go over Exam #1 Forecasting SLR Introduction to Multiple Regression Project Discussed
Pg 87-95
Mar 21 Go over proposals Project Proposals Due
March 26 28 Spring Break
April 2 Dummy Variables
April 4 Residuals Pg 96-99
April 9 Correlation Autocorrelation Interventions Prediction
Pg 116-119 Pg 120-122
.
April 11 Crosscorrelation Leading indicators. Fred Case
Pg 122-138
April 16 JKA Case -- go over
Provided via SacCt
April 18 Outliers Pg 99-115
Multicollinearity Stepwise
April 23 Crosstabulation Pg 139-142
April 25 Sampling Projects due
April 30
Sampling
May 2 TBD
May 7 Review for Exam 2
May 9 Exam #2
May 14 Go Over Exam #2
May 16 Review for Final Exam
Final Exams: All final exams will be given in ALPINE 224
Section Date Time
7:30 Thurs., May 23 8:00 AM - 10:00 AM
9:00 Tues., May 21 10:15 AM – 12:15 PM
10:30 Thurs., May 23 10:15 AM – 12:15 PM
http://www.csus.edu/schedule/Fall2012Spring2013/finals.html
Last updated (schedule) January 21, 2013