Module Schedule

Statistical Methods for Management
 

Week & End Date

Module Number
and Content

Assignments (Asgn)

Week 1:

1/10

Module 1

Module 1.1:

·         Why Statistics for Management

Module 1.2:

·         Describing Data with Pictures

·         Sampling Procedures

·        Read: Module 1.1 Notes

·        Optional: Text Chap 1 (This is a good Overview of data and statistics in business. Pay attention to 1.6, Statistical Analysis with Excel)

 

·        Read Module 1.2 Notes

·        Optional: Read text Chap 2 (pay particular attention to Histogram, section 2.2) & Chapter 7 (section 7.7- Sampling Methods)

·        Gather Data for Asgn 1

·        Obtain instructor's approval to proceed with the assignment. Email data, data source in Excel format. No need to send all the data; a few observations for illustration will suffice.

·        (Use WS1.2.1 for in class practice). 

Week 2:

1/17

Module 1.3:

·         Describing Data with Number Summaries (Descriptive Statistics)

Module 1.4:

·         Estimating with Confidence
  • Read Module 1.3 Notes
  • Optional: Read text Chap 3. Pay particular attention on Excel commands to compute the statistics.
  • Generate Descriptive Analysis, Asgn 1
  • Read Module 1.4 Notes
  • Optional: Chap 8. (Skip 8.4 for now) 
  • Generate Confidence Interval, Asgn 1

Week 3:

1/24

·         MLK day
  • No class

Week 4:

1/31

Module 1.5:

·         Hypothesis-Testing
  • Read Module 1.5 Notes
  • Optional: Read text Chap 9. A good explanation of hypotheses testing.
  • Generate and Test Hypothesis, Asgn 1

Week 5:

2/7

Module 1.5: continued

·         Hypothesis-Testing
  • Read Module 1.5 Notes
  • Optional: Read text Chap 9. A good explanation of hypotheses testing.
  • Complete Asgn 1

Week 6:

2/14

Module 2

Module 2.1:

·         Correlation Analysis

·         Simple Linear Regression: Present and Describe Linear Relationships
  • Read Module 2.1 Notes
  • Optional: Read text Chap 12. Pay attention to pages 493 & 521 – Using Excel to estimate the regression equation
  • Gather Data for Asgn 2. Obtain instructor's approval to continue with the assignment.

 

·         Due: Asgn 1 – One hard copy to the instructor. 

·         Exam 1 @ 6:30 PM

Week 7:

2/21

Module 2.2:

·         Test Linear Relationships and Make Predictions

·          Read Module 2.2 Notes

·         Generate Computer Analysis for Asgn 2

Week 8:

2/28

Special Topic in SLR

·         Residual analysis: Detecting outliers and influential observations

 

·         Introduction to Trend Analysis using Regression and Excel Tools

·         Read Module 2.2 Notes

·         Read handout in Forecasting

·         Solve in-class problems

·         Complete Asgn 2

Week 9:

3/7

·         Spring break
  • Spring break

Week 10:

3/14

Module 3

Module 3.1:

·         Multiple Regression Model: Present, describe and test relationship between response and multiple explanatory variables

·         Read Module 3.1 Notes

·         Optional: Read text Chap 13

  • Gather Data for Asgn 3. Obtain instructor's approval to proceed with assignment.
  • Due: Asgn 2 - One hard copy to the instructor.
  • Exam 2 @ 6:30 PM

Week 11:

3/21

Module 3.2:

·         Multiple Regression Model: Present, describe and test relationships involving interaction, curves, and dummy independent variables
  • Read Module 3.2 Notes
  • Optional: Read text Chap 13
  • Build Model for Asgn 3

Week 12:

3/28

Module 3.3:

·         Multiple Regression Model Building Process

·        Read Module 3.3 Notes

  • Optional: Read text Chap 13
  • Complete Asgn 3

Week 13:

4/4

Module 4

Module 4.1:

·         Comparing 2 Independent Samples of Numerical Data

 Module 4.2:

·         Comparing 2 Related Samples of Numerical Data

·         Read Module 4.1 Notes

·         Read Module 4.2 Notes

·         Optional: Read text Chap 10 (Up to section 10.3)

  • Due: Asgn 3 – One hard copy to the instructor
  • Exam 3 @ 6:30 pm

·         Start Asgn 4 Part 1

Week 14:

4/11

Module 4.4:

·         Comparing Multiple Samples of Numerical Data: One Factor

 Module 4.5:

·         Comparing Multiple Samples of Numerical Data: Two Factors

·         Read Module 4.4 Notes

·         Optional: Read text Chap 10 (Start at section 10.4).  Pay attention to page 433 – using Excel

 

·         Read Module 4.5 Notes

·         Complete Part 1 of Asgn 4.

Week 15:

4/18

Module 5

Module 5.1:

·         Simple, Joint, Marginal and Conditional Probabilities

 Module 5.2 :

·         Confidence Interval Estimation & Hypothesis Testing for a Proportion
  • Read Module 5.1 Notes
  • Optional: Read text Chap 5
  • Read Module 5.2 Notes
  • Optional: Read text Chap 8 (just Section 8.4) and Chap 9 (just Section 9.5)

·         Continue with Asgn 4 Part 2

 

4/25

 Module 5.3:

·         Multiple Sample Tests with Categorical Data

Module 6

·         Outline Review for Exam 4
  • Read Module 5.3 Notes

·         Complete Asgn 4

·         Review modules for Exam 4

Finals
  • Due: Asgn 4 – One hard copy t the instructor. 
  • Exam 4: See the University Schedule: Apr 27, 6:30 PM