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Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Course Syllabus
Keller Graduate School of Management
DeVry College of New York
MATH533
Applied Managerial Statistics
Term:
Day:
January 2015
Tuesday
Time:
Instructor:
6:00 am 9:20 pm
Lennon Safe
Lls2001@columbia.edu
Lsafe@devry.edu
Location:
Manhattan
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Please note: It is imperative that mobile phones are switched off or switched to vibrate mode before
class commences. If you are expecting or have to make an emergency phone call, please do so
outside the classroom.
After class I will post lectures slides on eCollege ensuring your access to lecture material, especially in
the event you miss a class due to an emergency.
Course Description
Applied Managerial Statistics will emphesize practical use of statistics in the collection, organization,
analysis, interpretation and presentation of data. Students are also introduced to statistical thinking for
decision-making. Areas to be covered include descriptive statistics, inferential statistics, and regression
analysis.
Online Discussion Posting Policy for MATH533
In this course, five quality posts are required weekly: (2) pre-class: no later than Sunday night prior to
Tuesdays class; (3) post-class: no later than Friday night. Late submissions will not be graded. Additional
posts on different days commenting on your colleagues discussion are encouraged. For details, read the
Discussion section on p. 14 in this Syllabus. Deadlines and deliverables for all course components are
summarized on p. 9.
New DeVry/Keller Plagiarism Policy
DeVry University Policy on plagiarism states an Academic Integrity violation results in a zero for the
course, not just the assignment. Note: There should be NO cooperative endeavours on the Quizzes
and Final Exam. Citation of sources in online Discussion and the Course Project are required. For
details, please consult pages 17-19 of this Syllabus.
Attendance Policy
Attendance is imperative in order to fully understand specific statistical principles and applications. If you
anticipate being absent for more than two sessions, please seek academic advising and inform me as soon
as possible.
Instructors Background
I have fifteen years of experience teaching Mathematics, Mathematics Education and Statistics. I earned
my Bachelors of Science in Mathematics from The City University of New York; completed a Masters
Degree and Doctoral degree in Mathematics and Mathematics Education at Columbia University. I have
worked in the position of adjunct faculty at various Colleges and Universities. I taught at The College of
New Rochelle, CUNY: John Jay College and The University at Albany. Internationally, I worked at
Victoria University and The University of Buckingham in East Africa. I have taught High School
Mathematics, Pre Calculus, Calculus, Statistics, A History of Mathematics, Graph Theory and Computer
Programming: C++ & Java.
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Instructor Availability
I will be available 30 minutes prior to class for consultation, contingent on an agreed upon time prior to emailing me in advance to request a meeting. Additionally, I will be available 30 minutes after class to
address any questions or concerns. eCollege provides an efficient means of communicating through
Discussions Q&A Forum and via email. Please utilize these forums, as I do not have an office phone
contact.
p. 4
p. 5
p. 6-7
p. 8-9
p. 9
p. 11-14
p. 17-19
The Course runs from Tuesday, January 6th through Tuesday, May 3rd .
Course Objectives (TCOs)
A.
Descriptive Statistics
Given a managerial problem and accompanying data set, construct graphs (following
principles of ethical data presentation), calculate, and interpret numerical summaries
appropriate for the situation. Use the graphs and numerical summaries as aids in
determining a course of action relative to the problem at hand.
B.
C.
Confidence Intervals
Given a managerial problem and accompanying data set, for which application of a
confidence interval is appropriate, construct an interval, assess its validity, and use the
confidence interval in developing a course of action related to a problem.
D.
Statistical Hypotheses
Given a managerial problem and accompanying data set, for which the test of a
hypothesis is appropriate, conduct an appropriate statistical test, assess the validity of the
test, and use the test results to decide on a course of action relative to a problem.
E.
Regression Analysis
Given a managerial problem and accompanying data set, for which regression analysis
simple or multiple is appropriate, fit a regression model to the data, determine the
validity and utility of the model, and use the model, if appropriate, to determine a course
of action intended to deal with a problem.
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
F.
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
and participate in online discussion; two quality posts required weekly: (1) pre-class: no later than
Sunday night; (2) post-class: no later than Friday night.
Course Schedule
Week, TCOs,
and Topics
Week 1
Mar. 3rd Class
TCOs A and F
Data
Organization
and Analysis
Week 2
Mar. 10th
Class
TCOs B and F
Probability
Concepts and
Distributions
Week 3
Mar. 17th
Class
TCOs B and F
Quiz**
Graded Discussion Topics
Chapter 3: Probability
Quiz**
Graded Discussion Topics
Course ProjectPart A
The Normal
Distribution,
Sampling
Distributions
Week 4
Mar. 24th
Class
TCOs C and F
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Week, TCOs,
and Topics
Hypothesis
Testing I: Basics
and Confidence
Intervals
Week 5
Mar. 31st
Class
TCOs D and F
Quiz**
Graded Discussion Topics
Quiz**
Hypothesis
Testing II: One
Sample
Hypothesis Tests
Week 6
Apr. 7th Class
TCOs E and F
Quiz**
Simple Linear
Regression
Week 7
Mar. 14th
Class
TCOs E and F
Multiple Linear
Regression
Week 8
Apr. 21 Class
All TCOs
Course ProjectPart C
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
**Note: Students have unlimited attempts on homework exercises, and they must earn greater
than or equal to 80% on the homework in order to take a weekly quiz. Students will be permitted
two attempts on each quiz, and they will receive the higher number of points earned. Quizzes
must be completed by midnight (MT) Sunday at the end of the week
Course Objective
The course will provide participants with a working knowledge of statistics useful to practicing
managers. The goal of this course is not to make you an accomplished statistician but to give you
some appreciation of statistical techniques to enable you to make appropriate use of available
data for decision-making. Managers must make decisions based on their judgments on the future
course of variables like demand, costs and profits, sometimes under different scenarios. These
decisions are an effort to shape the future of the organization. If managers make no effort to look
at the data of the past to extrapolate the future, the likelihood of achieving organizational success
is slim.
eCollege Usage
All students utilizing eCompanion are required to have basic computer competencies. This
includes basic skills in using common business software (i.e. Microsoft Office), and a
demonstrated working knowledge of the Internet and World Wide Web, including web browsers.
Grading
The maximum score in this class is 1,000 points. The categories, which contribute to your final grade,
are weighted as follows.
Assignment
Points
Weighting
Discussions
(20 Pts, Week 1, 2, 3, 6, 7; 25 Pts,
Wks 4, 5)
150
15%
Quizzes
(35 Pts, Week 1, 2, 4, 5, 6, 7; 40
Pts, Wk 3)
250
25%
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Course Project
(75 Pts for each of Part A in Wk 2
and Part B in Wk 6; 100 Pts for
Part C in Wk 7)
250
25%
350
35%
1,000
100%
Total Points
All of your course requirements are graded using points. At the end of the course, the points are
converted to a letter grade using the scale in the table below.
Letter Grade
Points
Percentage
930-1,000
93% to 100%
A-
900-929
90% to 92.9%
B+
870-899
87% to 89.9%
830-869
83% to 86.9%
B-
800-829
80% to 82.9%
C+
770-799
77% to 79.9%
730-769
73% to 76.9%
C-
700-729
70% to 72.9%
D+
670-699
67% to 69.9%
630-669
63% to 66.9%
D-
600-629
60% to 62.9%
Below 60%
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Weekly deliverables for all components of this course homework assignments, quizzes,
Parts A, B and C of the Course Project, and participate in online discussion; five quality
posts required weekly: (2) pre-class no later than Sunday night prior to Tuesdays class;
(3) post-class no later than Friday night after Tuesdays class.
No credit will be given for deliverables submitted outside that period.
The instructor recognizes that some true emergencies may prevent students from completing
their assignments and submitting their deliverables by the time deadlines specified above. In
those circumstances, the student should contact the instructor immediately before the Sunday
deadline stating the nature of the emergency and offering supporting evidence. The instructor
reserves the right to deduct points for the late submission.
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
3. The subsequent online learning activities, which will supplement and reinforce the
understanding you will have gained from the class session.
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
1. The Quizzes and Final Examination account for 60% of your final grade. The Quizzes and
the Exam cover only the topics discussed in class, assigned readings, assigned problems, and
case analyses. Absences from the quizzes and the exam are handled according to Keller Graduate
School of Management policies. The quizzes, worth a total of 250 points, are taken under the
same conditions as the Final Exam closed-book and closed-notes. If you cannot access the
quiz site, cannot save answers, are getting booted out prematurely, or are having other technical
difficulties during a quiz, immediately contact the eCollege Help Desk at1-800-594-2402 or
1-877-784-1997. They are available 24/7. The instructor will not address technical computer
problems without your immediate contacting the Help Desk.
The Quizzes and the Final Exam are administered on a closed-book, closed-notes, closed
practice-quiz basis. Deviations will be deemed potential violations of Kellers strict Academic
Integrity policy. In this course, there are no exam retakes" or extensions. It is not my intent to
force memorization of arcane formulas, but rather to foster understanding of the material. To that
end I will distribute a list of equations.
Students have unlimited attempts on homework exercises, and they must earn greater than or
equal to 80% on the homework in order to take the weekly quiz. Students will be permitted two
attempts on each quiz, and they will receive the higher number of points earned. Quizzes must be
completed by midnight (MT) Sunday at the end of the week (for Week 1 an extension will be
given until Wednesday of week 2). The Quizzes reside in MyStatLab.
The Final Exam, worth 350 points, is given in class in Week 8, on Tuesday, Feb 24 6-9:30pm
and will last 3 hours. Failure to take the Final Exam by the due date will result in an F. There
are no extensions. In this course, there are no exam retakes."
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
3. The Course Project, which comprises 25% of the final grade for the course, will require that
you address a Case, AJDAVIS DEPARTMENT STORES, with details specified in the Course
Project tab under Course Home in eCollege. There are 3 Parts, with deliverables due in Weeks 2
(Part A), 6 (Part B) and 7 (Part C). The deadline for submitting each Part is on Sunday evening
of Weeks 2, 6 and 7. Late submissions will not be graded and/or are subject to a five- point
penalty for each day past the deadline. The grading rubrics for each Part are also specified in the
Course Project tab. The data is available in the Course Project tab under Home Page and in Doc
Sharing as an Excel file.
The resolution of the problem will require you to use a variety of the tools and techniques
covered in the course. Finally, findings must be presented in the form of written reports, which
must be prepared using Microsoft Word. All statistical analysis must be developed with
statistical software (Excel, Minitab). The Course Project papers need to be submitted with
the TurnItIn (plagiarism) report.
It is very important that Group Project papers be submitted with quality expected for graduateschool research paper. High standards are expected for any written report. The papers written
for the course should follow the standards that are applicable in the business environment. These
include a business-appropriate writing style and no misspelled words or grammatical errors.
Presentation and organization, while certainly not as important as content, will impact your
grade. A Writing Guide for the three reports is listed under Course Materials on page 1 of the
Syllabus. In addition, Keller only allows the use of the APA style. A tutorial is available for you
to understand the writing style requirements.
For this course, I am following the traditional Keller Graduate School protocol, which
establishes group projects, rather than individual efforts, despite the difficulties in meeting
outside of class. The lesson is the need to work effectively as part of a team, as that was almost
always the situation in my jobs in the corporate world. You cannot choose to sit on the sidelines
and not be held responsible for the group's output. Through the use of peer evaluations, I will be
able to adjust the scores for the papers to incorporate individual group members contributions.
4. Online Discussion, in the form of online case analyses and problem solutions, presents you
with the opportunity to apply concepts and tools in a business setting. Participation in online
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
activities will be graded on the basis of the quality of responses to the one weekly topic, both
before and after our class session. Quality responses include: submitting correct numerical
solutions to the problems, providing initial information to the discussion, elaborating on previous
comments submitted by your classmates or you, presenting explanations of concepts or methods
to help fellow students, providing reasons for or against a position taken by your colleagues in a
persuasive fashion, sharing personal experiences that relate to the topic; and providing a URL
and an explanation for a subject you researched on the Internet.
In addition, the ability to communicate effectively, incorporating writing skills such as complete
sentences that represent your ideas unambiguously, are grammatically correct, and have been run
through Spell Check to assure no misspellings, is an additional criterion to measuring quality
responses.
Remember, the online activities are a means by which students respond to questions, and respond
to ideas shared by classmates and the instructor. The vehicle for inputting online activities is the
weekly Discussion tab of your eCompanion computer shell. A successful student is an active,
creative student.
A minimum of five quality posts are required weekly for this course: (2) pre-class-: no later
than Sunday night before our Tuesday class session; (3) post-class-: no later than Friday
night prior to Tuesdays class, with the week beginning on Sunday. It is critical that you
adhere to these dates to enable all your colleagues to view your comments and to respond to
them during the week. POSTINGS IN EITHER CATEGORY THAT APPEAR AFTER
THEY ARE DUE WILL NOT BE GRADED.
This course includes one grade discussion topic per week. The discussion for a particular week
opens on Sunday 12:01 am EST and closes the following Sunday at 11:59 pm EST. No credit
will be given for postings made outside that period.
Please respond to the topic as posed, subject to any modifications or new questions interpolated
by the instructor during the week. Your responses should be concise but meaningful, utilizing
logic and reasoning supported by relevant examples.
Serving as your facilitator, I will make sure the thread of your discussions is trending in the right
direction. While I read all posts, please do not feel slighted if I do not respond to or comment on
each entry in the online discussion.
You should expect to spend approximately two hours each week participating in the prescribed
online activities in addition to the 3 hour class meeting and additional hours reviewing my
class notes preparing the not-to-be-submitted homework and taking the quiz. Any general course
issues should be raised in the ungraded Q&A Forum of the Discussion tab.
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Course Requirements
Class Format: Each class will have an assigned topic, assigned readings and related homework
examples, a case study and related exercises, and assigned online activities to support the class.
The major activity of the class session will include a discussion / lecture / presentation
designed to provide structure to the new reading material and to make clear applications and the
learning objectives surrounding the topic. The class session will also be used: to discuss the case
assigned and solutions to its exercises; to relate the material to student experience and to review
the previous weeks material and quiz if there are pertinent student questions.
It is essential that you be prepared for class. Preparation requires that you: (1) read the assigned
material before my lecture / discussion; (2) undertake the homework problems and quiz assigned
based on the previous weeks material; and (3) submit pre-class discussion posts for the current
week. Take the time and relate the study materials to your past work experiences, and look for
practical examples of the issues to be covered. I will relate the text readings to the framework
provided in the lectures. It will not be possible to discuss each item of each chapter or reading in
a detailed way during class, but I will review all the major results presented in the text. It is
therefore incumbent upon you to review the assigned chapters, learn how to apply the relevant
statistical software packages via the Tutorials (Minitab is the recommended package, along with
the strongly-recommended TI-83 Plus calculator and Excel), and ask questions in the Q&A
Forum. (The minimum requirement is for a hand-held calculator that takes powers and square
roots; instructions for the use of the TI-83 calculator in two beneficial areas are contained in
Document Sharing.) A literacy requirement of the course is a minimum familiarity with the
use of Excel spreadsheets. The required text reading in activity (1) may, to a large extent, be
supplanted by reviewing immediately after class the lecture / discussion with the aid of my
PowerPoint presentation notes, which will always be available in Document Sharing.
The most effective way to learn statistical skills is by experiencing statistics in action, discussing
the tools, and then applying the lessons learned through a real-life application. Accordingly, a
major emphasis of this course will involve putting your skills to work in a Course Project that
allows for application of the lessons learned. The Course Project is designed to provide you with
practice in data collection, organization, analysis, interpretation and presentation.
The texts and reading materials are intended to provide you with a broad knowledge of relevant
theories, concepts, models, and tools. This information can assist you in developing an ability to
perceive situations where statistical analysis would be helpful in reaching a decision and to use
this information in providing solutions. To that end, the instructor will spend most of the class
session reviewing the material in the text and its applications in an open discussion mode.
The conceptual knowledge gained is cumulative and you will be expected to utilize all
previously-learned material in an analytical manner.
You will be expected to review and understand my lectures and notes on the statistical
concepts, apply them to the online case studies, the homework exercises (which are not to be
submitted and are not graded), the Course Project, the Quizzes and Final Exam, utilizing the
computer software and calculator applications learned by each student.
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Academic Integrity
Ensuring academic integrity is an educational objective we take very seriously at Keller
Graduate School of Management. Based on respect for individual academic achievement, each
student and faculty member commits to being a part of a community of scholarship that prides
itself on honesty and integrity. The Keller Graduate School of Management Academic and
Professional Conduct policy states:
Students have a responsibility to maintain both the academic and professional integrity
of the University and to meet the highest standards of academic and professional
conduct. Students are expected to do their own work on examinations, class preparation,
and assignments and to conduct themselves professionally when interacting with fellow
students, faculty, and staff. Students must also make equitable contributions to both the
quality and quantity of work performed on group projects.
Academic and/or professional misconduct is subject to disciplinary action including
being placed on probation, failing a graded course component, failing a course, or being
dismissed. The new DeVry Policy states that an Academic Integrity violation results
in a zero for the course, not just the assignment. Student academic misconduct
includes, but is not limited to, cheating on examinations, plagiarism, bribery, falsification
of student records and improper attempts to influence instructors or School officials.
The following explanations may be helpful in interpreting what are considered to be violations of
the Academic and Professional Conduct policy specifically related to taking examinations,
completing course assignments/projects, and writing research reports:
Examinations: Using unauthorized notes, looking at another students test paper, or providing
another student with answers during an examination are policy violations.
Online Quizzes: Exchanging information during the quiz is a fragrant policy violation,
Course Assignments/Projects: Collaborating with another student on assignments intended to be
completed independently or submitting another students work as your own are violations of the
policy unless a course assignment is specifically designated as a group/team assignment.
Online Discussions: As discussed above under Course Assignments, submitting another
students work as your own specifically, copying and pasting another students prior
submission under your own name is a violation of the policy, as is using another persons
words or findings without citation (see Research Reports below).
Research Reports: Using another persons ideas, words, expressions, or findings in your writing
without acknowledging the source are to plagiarize. A writer who does not provide appropriate
credit when quoting or paraphrasing anothers writing including when the source is the Internet
is guilty of plagiarism and in violation of the policy.
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
Plagiaris
m and
Keller
Graduate
Citations
Style Guide
Keller Graduate School of Management of DeVry University
recommends all graduate students purchase and make use of the
official style guide entitled, Writing the Research Paper: A
Handbook, 7th edition, by Anthony C. Winkler and Jo Ray McCuen.
This handbook includes information on the following styles: APA,
MLA, CEE, CMS, and Columbia Online. Keller only allows the use
of APA style.
Students who have purchased the University's previous official
style guide entitled, The Business Student Writers Manual and
Guide to the Internet, by Thomas P. Bergman, Stephen M.
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
APA Guidelines
APA Guidelines for Citing Sources
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
WHAT IS ECOLLEGE?
KGSM's eCollege is a resource that offers students an Internet-based environment for
traditional on-campus courses. A tutorial for the use of KGSMs eCollege is provided within each
course shell. You will find the program intuitive and easy to use.
eCollege is a set of online tools that allows you access to a secure and private environment to
view your syllabus and course schedule, automatically eMail your instructor or a classmate
without having to track down eMail addresses, check your grades, course announcements,
download course documents, take quizzes, click on course related web-links and much more.
Students can access eCollege with any Web browser, anytime, anywhere.
KGSM's eCollege incorporates the knowledge gained from working with instructors and
working-adult students to provide a more meaningful learning experience. It will make available
access to a variety of tools to help you be more informed, improve communication, and provide
a unique way to begin using the Internet to supplement your classroom experience.
NOTE: Having convenient access to a computer with internet connections is highly desirable.
ECOLLEGE ACCESS INSTRUCTIONS
The following instructions will show you how to access eCollege; how to add or update your
eMail address (if necessary); general information on using eCompanion features including Doc
Sharing, Webliography, and Quizzes; as well as provide you with other useful information. For
more information, you will find a tutorial for the use of eCollege within each course shell (click on
the Help or Tutorial tabs).
If you cannot access the site or have an issue and need help, contact the eCollege HelpDesk at
1-800-594-2402.
You can also eMail them at helpdesk@kgsmetool.net. They are available to assist you 24 hours
a day, seven days a week.
NOTE: If you do not have an e-mail address because you do not have an Internet Service Provider (ISP),
you can obtain a free e-mail address by going to:
http://www.msn.com and clicking on the Hotmail tab, or
http://mail.yahoo.com and clicking on sign me up
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MATH533
Professor: L. Safe
Course Syllabus
Applied Managerial Statistics
If you are registered and have a current working eMail address in Kellers student database, you
will receive an eMail on Friday of week eight of the previous term that you now have access to
our new term course shell.
If you do not receive an eMail message (possibly due to not having or having an incorrect or old eMail
address), you can still access our class eCompanion shell by following the directions below. If for any
reason you cannot access the site, contact the eCollege HelpDesk at
1-800-594-2402 or helpdesk@kgsmetool.net .
To login to our class shell, go to http://kgsmetool.net via your computers browser:
1. Login in using their DSI Number without dashes (D970_ _ _ _ _).
Note: The last five digits are the students Keller ID#.
2. Enter Keller (with a capital K) in the password box
D97000000
Keller
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