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Other · Richards College of Business · Economics

Statistics for Business II

  • Fall 2021
  • Sections N01, N03
  • 3 Credits
  • 08/11/2021 to 12/10/2021
  • Modified 08/10/2021


This course covers basic quantitative tools for use in strategic and business decision making. Topics include decision analysis, linear regression, forecasting, linear programming and waiting line models.


(ECON 3402 or MATH 2063 ) and MATH 1413 and Richards Col Upper Division RCUD

Contact Information

Instructor: Dr. Adrian Austin

The phone number listed above is my UWG office phone number. With the current COVID crisis, I am not in my office very often. Please call/text me at my cell number which is (770) 405-9639

Use CourseDen mail for all course related questions. All email will be answered within 1 business day.

Office Hours

  • Teleconference with Google Meet

Please call or email so that we can set up a mutually convenient time.

Meeting Times

Online class. There are no face to face meetings.



The textbook for this class is Statistical Techniques In Business And Economics (18E W/ Connect) by Lind

We will use the McGrawHill Connect portal for this textbook. Connect is embedded in CourseDen.

There are three ways to gain access to this portal

  1. You can buy access directly through Connect (this is what most students do).
  2. You can buy an access card (ISBN 1264352301). Access cards are available from the university bookstore.


Upon completion of this course, students are expected to have a basic understanding of:

  • Recognize the role that quantitative models play in the decision making process (LG2)
  • Be able to transform a rather general problem into a well-defined problem that can be solved quantitatively (LG2)
  • Be able to apply basic quantitative models to business situations (LG2)
  • Demonstrate the ability to collect and input data into basic quantitative models (LG2, LG3)
  • Be able to solve models "by hand" and with specialized computer software, spreadsheets and graphical packages (LG2, LG3)
  • Describe specific quantitative models including linear regression and others applicable to business decision making  (LG2)

Note. A complete list of expected Learning Goals and Objectives can be found at the Richards College of Business web site.



Types of evaluations and related weights
Type Weight Topic Notes
SmartBook Exercises 10.8%

108 points total. Located at the Connect website.

Chapter Homework 21.6%

216 points total. Located at the Connect website.

Chapter Quizzes 21.6%

216 points total. Located at the Connect website.

Chapter Discussions 16%

160 points total. Located on CourseDen

Regression Project 10%

100 points total. Located on CourseDen

Final Exam 20%

200 points total. Located at the Connect website.


TOTAL 100%

1000 points


Resulting grade and related performance levels
Grade Range Notes
A 90% to 100%

The course percentage will be rounded to the nearest whole number.

B 80% to 89%
C 70% to 79%
D 60% to 69%
F less than 60%


SmartBook Exercises

SmartBook is an unparalleled, intelligent learning system based on cognitive mapping that diagnoses students' knowledge of a particular subject then creates an individualized learning path geared towards student success in the course. It offers individualized assessment by delivering appropriate learning material in the form of questions at the right time helping students attain mastery of the content. As a student works within the system, SmartBook develops a personal learning path adapted to what the student has learned and retained. SmartBook is also able to recommend additional study resources to help the student master topics. 

The SmartBook exercises can be found at the Connect portal. There are 10 exercises (one per chapter) worth 12 points each. The lowest score will be dropped.

Chapter Homework

For each chapter there is a homework set. You can do the homework exercise an unlimited number of times and individual feedback is provided. These homework assignments are designed to help you implement the concepts that you have learned.

The Chapter Homework Assignments can be found at the Connect portal. There are 10 exercises (one per chapter) worth 24 points each. The lowest score will be dropped.

Chapter Quizzes

For each chapter there is a 20 question quiz. You have one attempt at the quiz.

Chapter Quizzes can be found at the Connect portal. There are 10 quizzes (one per chapter) worth 24 points each. The lowest score will be dropped.

Chapter Discussion Forums

The chapter discussion forums are the most important component of the course. This is where most of the interaction between me and you (and the other students) will take place.

The discussion forums are the place where you can ask questions, answer questions, and engage in discussions about the material. My job is to respond to your queries as well as moderate the discussion and in this way my expertise in this area can be tailor-made to best meet your needs. The more you participate in the discussion forums the more you will get out of this class.

There are 10 discussion forums (one for each chapter). The discussion forums are on CourseDen.

You get 32 participation points for making a credit earning post to a chapter discussion (you can make no more than 32 points for an individual forum and up to 160 points over the entire semester). A credit earning post can take one of three forms:

1. Question: A non-trivial question on the material or on a problem that you are having with a particular question. If you are posting a question start a new thread with “Question” as the first word in the title followed by a brief description that identifies the subject of the question. Feel free to post questions on the homework problems. Please don't quiz your fellow students.

e.g. Question: Chebyshev's Theorem


2. Answer: You get credit if you are the first person to answer someone else’s question correctly or if you make a substantial addition to someone else’s answer. If you are answering someone else’s question please reply to the thread.

3. Comment: You get credit if you can come up with unique practical examples/uses for the material being covered in the chapter. By unique I mean that it should not be an example that someone else has already posted. If you are posting a comment start a new thread with “Comment” as the first word in the title followed by a brief description that identifies the subject.

e.g. Comment: Empirical rule in Asset Pricing

You cannot earn more than 32 participation points for any given forum. Of course you are free to make as many posts as you would like, but once you have earned the maximum 32 points for participation for any forum there are no extra points to be earned.

You cannot earn more than 160 participation points over the entire semester. Of course you are free to make as many posts as you would like, but once you have earned the maximum 160 points for participation over the semester there are no extra points to be earned.

To get full credit for Participation you must post to 5 discussions.

Ask questions early so that you can expect an answer before assignments are due!


All Assignments are due at 11:59 PM EST. Since we drop the lowest homework grade, the lowest SmartBook grade and the lowest quiz grade, no extensions are permitted.

Date Item Location
Monday, August 23, 2021 Chapter 3 SmartBook due Connect
Chapter 3 Homework due Connect
Wednesday, August 25, 2021 Chapter 3 Forum closes CourseDen
Chapter 3 Quiz due Connect
Thursday, September 2, 2021 Chapter 6 SmartBook due Connect
Chapter 6 Homework due Connect
Saturday, September 4, 2021 Chapter 6 Forum closes CourseDen
Chapter 6 Quiz due Connect
Monday, September 13, 2021 Chapter 7 SmartBook due Connect
Chapter 7 Homework due Connect
Wednesday, September 15, 2021 Chapter 7 Forum closes CourseDen
Chapter 7 Quiz due Connect
Thursday, September 23, 2021 Chapter 8 SmartBook due Connect
Chapter 8 Homework due Connect
Saturday, September 25, 2021 Chapter 8 Forum closes CourseDen
Chapter 8 Quiz due Connect
Monday, October 4, 2021 Chapter 9 SmartBook due Connect
Chapter 9 Homework due Connect
Wednesday, October 6, 2021 Chapter 9 Forum closes CourseDen
Chapter 9 Quiz due Connect
Thursday, January 14, 2021 Chapter 10 SmartBook due Connect
Chapter 10 Homework due Connect
Saturday, October 16, 2021 Chapter 10 Forum closes CourseDen
Chapter 10 Quiz due Connect
Monday, October 25, 2021 Chapter 11 SmartBook due Connect
Chapter 11 Homework due Connect
Wednesday, October 27, 2021 Chapter 11 Forum closes CourseDen
Chapter 11 Quiz due Connect
Thursday, November 4, 2021 Chapter 13 SmartBook due Connect
Chapter 13 Homework due Connect
Saturday, November 6, 2021 Chapter 13 Forum closes CourseDen
Chapter 13 Quiz due Connect
Monday, November 15, 2021 Chapter 14 SmartBook due Connect
Chapter 14 Homework due Connect
Wednesday, November 17, 2021 Chapter 14 Forum closes CourseDen
Chapter 14 Quiz due Connect
Monday, November 29, 2021 Chapter 18 SmartBook due Connect
Chapter 18 Homework due Connect
Wednesday, December 1, 2021 Chapter 18 Forum closes CourseDen
Chapter 18 Quiz due Connect
Friday, December 10, 2021 Final Exam Connect
Friday, December 10, 2021 Regression Project due CourseDen

Course Policies and Resources

You are expected to log on to CourseDen at least once a day.

Missed Assignments

The lowest homework grade, lowest quiz grade and lowest SmartBook grades are automatically dropped. This is meant to cover you in case something arises that causes you to miss an assignment. If some emergency occurs that causes you to miss more than one assignment, I may decide to drop the two lowest grades. This will be at my discretion and will require you to provide the appropriate documentation.

Academic Dishonesty

Academic dishonesty will not be tolerated. All quizzes, projects, and exams must be your work. If you are found to have cheated on a quiz, project, or exam, you will receive an F for the course.

College/School Policies

Wolf Pact

Having read the Honor Code for the University of West Georgia, I understand and accept my responsibility to uphold the values described therein and to conduct myself in a manner that will reflect the values of UWG and the Richards College of Business so as to respect the rights of all UWG community members. As a UWG student, I will represent myself truthfully and complete all academic assignments honestly and within the parameters set by my instructor.

I understand and accept that if I am found guilty of violations (through processes due me as a UWG student and outlined in the UWG Student Handbook), penalties will be imposed.

I also recognize that my responsibility includes a willingness to confront members of the UWG community if I feel there has been a violation of the Honor Code.  

Ultimately, I will conduct myself in a manner that promotes UWG as the best place to work, learn, and succeed for my generation, and those to come!

About the Richards College of Business

To become a globally recognized college of business preparing forward-thinking, responsible leaders.

We are in the business of transforming lives through education, engagement, and experiences.

Strategic Goals and Values

Student Success
Admit quality students and provide them with an education that is rich in experiences and engagement opportunities to prepare them to be effective and ethical professionals.

Academic Success
Recruit, retain and develop faculty and staff by providing sufficient resources to support dynamic and up-to-date bachelor and master-level curricula, to conduct research and other professional activities, and to support engagement with all stakeholders.

Operational Success
Recruit, retain and develop administrative management and staff personnel to manage, develop and support infrastructure and those activities that build internal and external partnerships while working in an ever-changing environment.

Ethical Values
The Richards College of Business community (administrators, faculty, staff, students, and business partners) share a commitment to the principles of honesty and integrity in interactions and undertakings, accountability for personal behavior, and respect for the rights, differences, and dignity of others. In addition, we strive to continuously improve our abilities to recognize unethical behavior and to make ethical and moral decisions.

Institutional Policies

Academic Support

Accessibility Services: Students with a documented disability may work with UWG Accessibility Services to receive essential services specific to their disability. All entitlements to accommodations are based on documentation and USG Board of Regents standards. If a student needs course adaptations or accommodations because of a disability or chronic illness, or if he/she needs to make special arrangements in case the building must be evacuated, the student should notify his/her instructor in writing and provide a copy of his/her Student Accommodations Report (SAR), which is available only from Accessibility Services. Faculty cannot offer accommodations without timely receipt of the SAR; further, no retroactive accommodations will be given. For more information, please contact Accessibility Services.

Center for Academic Success: The Center for Academic Success provides services, programs, and opportunities to help all undergraduate students succeed academically. For more information, contact them: 678-839-6280 or [email protected]

University Writing Center: The University Writing Center assists students with all areas of the writing process. For more information, contact them: 678-839-6513 or [email protected]

Online Courses

UWG takes students’ privacy concerns seriously: technology-enhanced and partially and fully online courses use sites and entities beyond UWG and students have the right to know the privacy policies of these entities. For more information on privacy and accessibility for the most commonly used sites, as well as technology requirements visit the UWG Online site.

Students enrolled in online courses can find answers to many of their questions in the Online/Off-Campus Student Guide.

If a student is experiencing distress and needs help, please see the resources available at the UWG Cares site. Online counseling is also available for online students.

Honor Code

At the University of West Georgia, we believe that academic and personal integrity are based upon honesty, trust, fairness, respect, and responsibility. Students at West Georgia assume responsibility for upholding the honor code. West Georgia students pledge to refrain from engaging in acts that do not maintain academic and personal integrity. These include, but are not limited to, plagiarism, cheating, fabrication, aid of academic dishonesty, lying, bribery or threats, and stealing. 

The University of West Georgia maintains and monitors a confidential Academic Dishonesty Tracking System. This database collects and reports patterns of repeated student violations across all the Colleges, the Ingram Library, and the School of Nursing. Each incidence of academic dishonesty is subject to review and consideration by the instructor, and is subject to a range of academic penalties including, but not limited to, failing the assignment and/or failing the course. Student conduct sanctions range from verbal warning to suspension or expulsion depending on the magnitude of the offense and/or number of offenses. The incident becomes part of the student’s conduct record at UWG.

Additionally, the student is responsible for safeguarding his/her computer account. The student’s account and network connection are for his/her individual use. A computer account is to be used only by the person to whom it has been issued. The student is responsible for all actions originating through his/her account or network connection. Students must not impersonate others or misrepresent or conceal their identities in electronic messages and actions. For more information on the University of West Georgia Honor Code, please visit the Office of Community Standards site.

UWG Email Policy

University of West Georgia students are provided a MyUWG e-mail account. The University considers this account to be an official means of communication between the University and the student. The purpose of the official use of the student e-mail account is to provide an effective means of communicating important university related information to UWG students in a timely manner. It is the student’s responsibility to check his or her email.

Credit Hour Policy

The University of West Georgia grants one semester hour of credit for work equivalent to a minimum of one hour (50 minutes) of in-class or other direct faculty instruction AND two hours of student work outside of class per week for approximately fifteen weeks. For each course, the course syllabus will document the amount of in-class (or other direct faculty instruction) and out-of-class work required to earn the credit hour(s) assigned to the course. Out-of-class work will include all forms of credit-bearing activity, including but not limited to assignments, readings, observations, and musical practice. Where available, the university grants academic credit for students who verify via competency-based testing, that they have accomplished the learning outcomes associated with a course that would normally meet the requirements outlined above (e.g. AP credit, CLEP, and departmental exams).

HB 280 (Campus Carry)

UWG follows University System of Georgia (USG) guidance:

You may also visit our website for help with USG Guidance:

Mental Health Support

If you or another student find that you are experiencing a mental health issue, free confidential services are available on campus in the Counseling Center. Students who have experienced sexual or domestic violence may receive confidential medical and advocacy services with the Patient Advocates in Health Services. To report a concern anonymously, please go to UWGcares.

ELL Resources

If you are a student having difficulty with English language skills, and / or U.S. culture is not your home culture, specialized resources are available to help you succeed. Please visit the E.L.L. resource page for more information.


The health and safety of our students, faculty, and staff remain the University of West Georgia’s top priority.

For the most recent information on coronavirus disease (COVID-19) visit:


Additional Items

This syllabus is subject to change. Any changes made to the syllabus will be posted to CourseDen.