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Main Campus · Richards College of Business · Economics

Statistics Business I
ECON-3402

  • Fall 2020
  • Sections 01, 05
  • 3 Credits
  • 08/12/2020 to 12/05/2020
  • Modified 10/11/2020

Description

Course emphasis is on applications of statistics in business. Topics include methods of presenting data, numerical measures and correlation, probability theory and probability distributions, sampling distributions, estimation, and hypothesis testing.

Requisites

Prerequisites:
(MATH 1111 or MATH 1113 ) and CISM 2201 and Richards Col Upper Division RCUD
Corequisites:

Contact Information

Melanie Hildebrandt

Office Hours

  • Tuesdays 1:00-3:30pm
  • Virtual in Collaborate Ultra (in Course Den)
  • Wednesdays 9-11am
  • Virtual in Collaborate Ultra (in Course Den)
  • Fridays 9-11am
  • Virtual in Collaborate Ultra (in Course Den)

Meeting Times

Group 1A (last names A-F)

  • Section 01 11am
  • Every other Tues starting 8/18

Group 1B (last names G-P)

  • Section 01 11:00am
  • Every other Thurs starting 8/20

Group 1C (last names R-W)

  • Section 01 11am
  • Every other Tues starting 8/25

Group 5A (last names A-F)

  • Section 05 9:30am
  • Every other Tues starting 8/18

Group 5B (last names G-Mo)

  • Section 05 9:30am
  • Every other Thurs starting 8/20

Group 5C (last names Mu-Z)

  • Section 05 9:30am
  • Every other Tues starting 8/25

Materials

Statistical Techniques In Business And Economics (with Connect access)

  • Author: Lind
  • Publisher: McGraw-Hill
  • Edition: 18th
  • ISBN: 1264352301
  • Availability: Campus Bookstore
  • Price: $104

This is a bundle with an access card for both the Connect platform and an eTextbook. 

Statistical Techniques In Business And Economics (with Connect access)

  • Author: Lind
  • Publisher: McGraw-Hill
  • Edition: 18th
  • ISBN: 1264352794
  • Optional
  • Availability: Campus Bookstore
  • Price: $163

This is a bundle with an access card for both the Connect platform and an eTextbook PLUS a printed copy of the textbook. (This bundle is "optional" because access to the eText and Connect is sufficient). 

Alternative Purchase Option for Connect Access and eBook

You can also purchase your access from the publisher using this link: (they also  have a free trial period that you can use to get started). 

  • Availability: Direct from Publisher-McGraw Hill
  • Price: $90 for eBook and Connect Access

Outcomes

LO1-Construct and interpret tabular and graphical methods of presenting qualitative and quantitative data (LG2, LG3, LG10)

LO2-Construct and interpret summary and numerical measures of location, variability, and association for the sample and the population (LG2, LG3, LG10)

LO3-Apply basic probability concepts, expected value and variance to a variety of different business applications (LG2, LG6, LG10)

LO4-Use discrete and continuous probability distributions and sampling distributions in a variety of business applications (LG2, LG3, LG6, LG10)

LO5-Construct and interpret interval estimates and hypothesis tests (LG2)

LO6-Estimate regression models, evaluate the results of regression models, and sue the results for prediction and forecasting (LG2, LG3, LG6, LG10)

LO7-Use Microsoft Excel to generate descriptive statistics and perform regression and correlation analysis (LG2, LG3, LG6, LG10)

 

Evaluation

Criteria

All assignments must be complete by established deadlines. Late work will not be accepted.

While most course assignments are completed and graded in the Connect platform, the only "official" grades will be those that are posted to Course Den in the grade tab. Please compare your Connect grades to your CD grades to ensure accuracy. 

Students with questions, concerns, complaints, etc. regarding a specific grade, MUST bring it to the instructor's attention within 72 hours of the grade being posted in the Course Den grade book. Grade issues such as missing or "incorrect" scores that are not brought to the instructor's attention until the end of the semester will not be addressed. 

If there are instances of academic dishonesty (i.e. cheating), the following will occur: 
*A grade of zero will be recorded in the CD grade book
*Student will be notified via email and be presented instructor's justification
*Student will have opportunity to defend position 
*If instructor still finds a case for academic dishonesty, grade of zero will remain and instance of academic dishonesty will be officially reported to the UWG Office of Community Standards 
*Note: If instructor deems the instance to be severe or if there are repeating instances, instructor has the right to issue a final grade of "F" for the course

Types of evaluations and related weights
Type Weight Topic Notes
EXAMS 50% One Exam per unit; Final Exam optional

The LOWEST score will be dropped (3 count for credit)

Unit Problem Sets 20% One per unit

The LOWEST score will be dropped (2 count for credit)

Connect Homeworks 20% One per Chapter

The LOWEST score will be dropped (10 will count for credit)

Connect Learn Smart Readings 10% One per Chapter

The LOWEST score will be dropped (10 count for credit)

Breakdown

Final grades for this course will be assigned using the exact distribution listed below. Final grades will not automatically be "rounded up". For example, a student with a final average of 89.9% will receive a grade of "B". 

Resulting grade and related performance levels
Grade Range Notes
A 90 or higher
B 80 up to 90
C 70 up to 80
D 60 up to 70
F Below 60

Assignments

50% of your course grade is from the Exams and the other 50% of your grade is from three types of Connect assignments (Chapter Learn Smart Readings, Chapter Homeworks and Unit Problem Sets). The due dates for these assignments will be listed in Connect and in Course Den. 

Exams : 1 per Unit, (Final is optional)

Each Unit Exam and the Optional Final Exam will ALL be given virtually in the Connect platform. Proctoring for these exams is NOT required. 

Exams will consist of Multiple Choice questions. Exams will be open for a 5 day period, but will have a TIME LIMIT. Also, once started, students MUST complete the Exam during that timed session! Students cannot save exam progress to complete at a later date. 

Students are encouraged to have the following materials when completing exams: higher function calculator (ex: financial calculator), course notes, formula list (available for each unit in Course Den) and statistical charts for that unit (z chart, t chart, etc--also will be posted in Course Den). 

Exams are INDIVIDUAL assessments and students are NOT permitted to seek outside assistance from classmates, other individuals or other external websites. Cases of academic dishonesty may result in penalties ranging from a zero on the Exam to a Failing Grade (F) for the course. 

Problem Sets: 1 Per Unit (lowest dropped)

In the Connect platform each Unit will have a set of statistical problems for students to complete. Completed problem sets are due at the same night as the Unit's exam. 

 

Connect HWs: 1 per Chapter (1 lowest dropped)

In the Connect platform there will be 1 Homework assignment per chapter. These will consist of multiple choice and short response questions.

Unlimited attempts are available until the due date. There is no time limit on these assignments. 

Connect Learn Smart Readings : 1 per Chapter (1 lowest dropped)

In the Connect platform students will receive a grade for completing each chapter's Learn Smart Reading assignment. These assignments consist of students reading the chapters in the eTextbook and answering questions after certain sections.

Students can go back to previous sections of a chapter to re-review and try questions again. There are no time limits to these readings and students have unlimited attempts to correctly answer all of the questions until the assignment due date. 

In some chapters fewer concepts are covered and so the reading and answering of questions may only take 20-30 minutes. Other chapters are more involved and may take 1.5-2 hours to complete. Please plan accordingly. 

Ideally, students will complete the LSR assignments as we move through the units as they are designed to help students better understand the concepts covered. 

Schedule

This schedule provides a general plan for the course. Additional chapters/topics may be covered if time permits. ALL assignment's Due Dates will remain fixed. However, the material covered for each exam is tentative. Any changes will be announced in Course Den. 

Course calendar and related activities
When Topic Notes
Unit 1
Aug. 12th-Sept. 13th
Chapters 1-4

Group A: Thurs. 8/27 and Tues. 9/1

Group B: Thurs. 8/20 and Thurs. 9/3

Group C: Tues 8/25 and Tues 9/8

Add/Drop Ends
Tues. Aug. 18th at 11:59pm
Unit 1 LSR
Due Thurs. 9/3 at 11:59pm
Learn Smart Readings for Chapters 1-4

ALL LSR assignments for Unit 1 are due by Sept. 3rd. However, students are strongly encouraged to complete these as we go through the chapter's material. 

Unit 1 HW
Due Thurs. 9/10 at 11:59pm
Connect Homeworks for Chapters 1-4

ALL Chapter homeworks for Unit 1 are due by Sept. 10th. However, students are strongly encouraged to complete these as we go through the chapter's material. 

Unit 1 Problem Set
Due 9/14 at 11:59pm
Chapters 1-4

The Unit 1 Problem Set assignment will be available in Connect and must be completed by Mon. Sept. 14th. 

Unit 1 Exam
Due 9/14 at 11:59pm
Chapters 1, 2, 3, and 4

The Unit 1 Exam will be available in the Connect platform from Thurs 9/10 until Mon. 9/14 at 11:59pm. 

Unit 2
Sept. 15th-Oct. 12th
Chapters 5-6

Group A: Tues. 9/15 and Tues. 9/29

Group B: Thurs. 9/17 and Thurs. 10/1

Group C: Tues 9/22 and Tues 10/6

Unit 2 LSR
Due Thurs 10/01 at 11:59pm
Learn Smart Readings for Chapters 5-6

ALL LSR assignments for Unit 2 are due by Oct. 1st. However, students are strongly encouraged to complete these as we go through the chapter's material. 

Withdrawal Deadline
Fall 2020
Mon. October 5th at 11:59pm
Unit 2 HW
Due Thurs. 10/8 at 11:59pm
Connect Homeworks for Chapters 5-6

ALL Chapter homeworks for Unit 2 are due by Oct. 8th. However, students are strongly encouraged to complete these as we go through the chapter's material. 

Unit 2 Problem Set
Due 10/12 at 11:59pm
Chapters 5-6

The Unit 2 Problem Set assignment will be available in Connect and must be completed by Mon. Oct. 12th. 

Unit 2 Exam
Due 10/12 at 11:59pm
Chapters 5 and 6

The Unit 2 Exam will be available in the Connect platform from Thurs. 10/8- Mon 10/12 at 11:59pm. 

Unit 3
Oct. 13th-Nov. 25th
Chapters 7-10 and 13

See schedule in Course Den 

Unit 3 LSR
Due Thurs. 11/12 at 11:59pm
Learn Smart Readings for Chapters 7-10, 13

ALL LSR assignments for Unit 3 are due by Nov. 12th. However, students are strongly encouraged to complete these as we go through the chapter's material. 

Unit 3 HW
Due Thurs. 11/19 at 11:59pm
Connect Homeworks for Chapters 7-10, 13

ALL Chapter homeworks for Unit 3 are due by Oct. 19th. However, students are strongly encouraged to complete these as we go through the chapter's material. 

Unit 3 Problem Set
Due 11/23 at 11:59pm
Chapters 7-10, 13

The Unit 3 Problem Set assignment will be available in Connect and must be completed by Mon. Nov. 23rd. 

Unit 3 Exam
Due 11/23 at 11:59pm
Chapters 7, 8, 9, 10 and 13

The Unit 3 Exam will be available in the Connect platform from Thurs. 11/29 until Mon. 11/23 at 11:59pm. 

FINAL EXAM
Due Fri. 12/4 at 11:59pm
Cumulative, but "optional" since I drop the lowest score of the 4 exams

The (optional) Final Exam will be available in the Connect platform from Mon. 11/30 until Fri. 12/4 at 11:59pm. 

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

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

Mission
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 see the Student Handbook.

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: http://www.usg.edu/hb280/additional_information#

You may also visit our website for help with USG Guidance: https://www.westga.edu/police/campus-carry.php

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.

COVID-19

Proctored Exams/Online Instruction: Students should be aware and plan ahead for the possibility of having to complete all courses and/or exams online or in a proctored environment. This means talking with your instructors about what minimum technical requirements (software and hardware) will be required should your class move online or a student's personal needs dictate. This also includes making plans for internet access at whatever location participation may occur.

Virtual or in-person proctored exams, if your instructor should require them, may result in an additional cost to the student. Please discuss these details with your instructor or see the information provided here.

Face Coverings: Effective July 15, 2020, University System of Georgia institutions, including the University of West Georgia, will require all faculty, staff, students, and visitors to wear an appropriate face covering while inside campus facilities/buildings where six feet social distancing may not always be possible. Face covering use will be in addition to and is not a substitute for social distancing.

Face coverings are not required in campus outdoor settings where social distancing requirements are met. Anyone not using a face covering when required will be asked to wear one or must leave the area.

Reasonable accommodations may be made for those who are unable to wear a face covering for documented health reasons.

Student FAQs: For more information about UWG COVID-19 guidance for students visit the Student FAQ webpage

 

Additional Items

Unit 1-Topics Covered

CH 1: ALL Topics 

CH 2: LO2.1, LO2.2 and LO2.3 (skip LO2.4)

CH 3: LO3.1-LO3.5 (skip LO3.6)

CH 4: LO4.3-4.6 (skip LO4.1, LO4.2, & LO4.7)

Unit 2-Topics Covered

CH 5: 

CH 6: 

CH 7: