BrooklynCollegeStatistics3400

Business/Economics 3400: Introduction to Economics and Business Statistics



**Brooklyn College (CUNY), School of Business **

COURSE SYLLABUS
**Business/Economics 3400: Introduction to Economics and Business Statistics **

This course follows the outline developed by Business and Economics Department Professor H.H. Friedman. You will be expected to use the course website and the internet to supplement what you learn in class. The course materials are at [|**https://sites.google.com/site/proffriedmanstat/**] However, I have somewhat modified the lecture slides which you should obtain from my website: http://leonkag.wikispaces.com/BrooklynCollegeStatistics3400


 * __INSTRUCTOR __**__: __ Dr. L. Kaganovskiy


 * __TEXTBOOK (Recommended) __**: //Business Statistics: Schaum’s Outlines// by Leonard J. Kazmier, McGraw-Hill, Latest Edition. This is only for students who feel they need another textbook.


 * __CALCULATOR __**: Students __must__ bring TI 83 or 84 calculator.

You may download them from: **https://www.researchgate.net/publication/280925936_Tables_and_Formula_Sheets_for_an_Introductory_Statistics_Course**
 * REQUIRED FORMULA SHEETS AND TABLES **

Assignments and grading criteria will reflect the course goals and learning objectives. At the conclusion of the course students should be able to: (1) Develop the skills to identify the appropriate statistical technique for the analysis of data. <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">(2) Learn how to present and interpret data for people not familiar with statistics. <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">(3) Understand how to use the computer (e.g., MS Excel) for data analysis. Learn how to read printouts. <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">(4) Statistical techniques covered will include Z-tests, t-tests, F-tests, correlation and simple regression. One-sample and two-sample tests will be covered. <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">(5) Understand the importance of ethics in decision making. See how easy it is for an unscrupulous researcher to purposely use statistics to provide deceptive information. <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">(6) Enhance their critical thinking skills. Quantitative reasoning is important in critical thinking as well as problem solving.
 * __<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">EXPECTED COURSE GOALS AND LEARNING OBJECTIVES __****<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">: **

__<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">Tentative schedule of topics (**subject to change**) __ <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">1. Introduction: Introduction to course, terminology, levels of measurement, and data collection <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">2. Descriptive Statistics: Frequency distributions, scatter diagrams, and descriptive statistics <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">3. Introduction to Probability: Basic probability concepts, Venn Diagrams, independence, etc. <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">4. Probability Distributions: Contingency tables and probability distributions <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">5. Binomial distribution <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">6. Normal Distribution: The two Z-tables and how to use them.

MIDTERM (beginning of Week 7)


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">7. Sampling Distributions, Introduction to Statistical Inference, Estimation, and Hypothesis Testing -Z tests: Central Limit Theorem; One-sample Z-tests; one-tail and two-tail tests **
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">8. The T-Distribution: One-sample t-tests; one-tail and two-tail tests **
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">9. Inferences about the Proportion: One-sample Z-test for Proportions; one-tail and two-tail tests **
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">10. Two-Sample Z-tests for the mean **
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">11. Two-Sample T-tests for the mean: Interpretation of MS Excel printouts **
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">12. Two-Sample Z test for proportions **

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> **Exam II – Statistical Inference --**Topics 7 through 12 **(End of Week 12)**

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">13. Introduction to Correlation <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">14. Simple Linear Regression: Interpretation of Printouts

FINAL**<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> – Correlation and Simple Regression (Check date in college calendar) **

__<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">GRADES __**__<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">: __<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> There will be three exams and numerous homework assignments. Homework is not collected, partially because the solutions are available online, but there is **no chance **to pass the course without doing them regularly.**

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">Course Assessment: Midterm (50%); Exam II (30%); Final (20%).

__<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">ATTENDANCE POLICY: __**<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> If you want to do well in the course, it is important to attend class regularly. **

__<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">OFFICE HOURS: __<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> after class. E-mail: leonkag@gmail.com Please note that e-mail is not to be used to discuss grades. **<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> If you have a problem with a grade, see me during my office hours. Also, once a grade is given it is illegal to change it (unless there has been a computational error)—this is a college rule. Cell phones must be turned off when coming to class. **


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">Sample exams, class notes, handouts, and useful links are also available at my website: **
 * [|**https://sites.google.com/site/proffriedmanstat/**]**

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">Disabilities:


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> In order to receive disability-related academic accommodations students must first be registered with the Center for Student Disability Services (CSDS). Students who have a documented disability or suspect they may have a disability are invited to set up an appointment with the Director of the Center for Student Disability Services, Ms. Valerie Stewart-Lovell at 718-951-5538. If you have already registered with the CSDS please provide your professor with the course accommodation form and discuss your specific accommodation with him/her as soon as possible and at an appropriate time. **


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> Finally, for additional information download the latest edition of the CUNY publication: Reasonable Accommodations: A Faculty Guide to Teaching College Students with Disabilities from CUNY's Assistive Technology Services website at http://cats.cuny.edu/. The purpose of this guide is to provide faculty with information and suggestions to help meet the classroom needs of students with disabilities. It is a superb resource. I encourage you to make use of the information being provided. **


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;"> Please contact Valerie Stewart-Lovell, Director of the Center for Student Disability Services located at 138 Roosevelt Hall, extension 5538 if you have any questions regarding accommodations, resources and services provided through the Center. Contact Tunji Fussell, Interim Chief Diversity Officer of the Office of Diversity and Equity, located at 2147 Boylan Hall, extension 4128, or this office if you have any questions or comments regarding our college policies for students with disabilities. **

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">University Policy on Academic Integrity:


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">The faculty and administration of Brooklyn College support an environment free from cheating and plagiarism. Each student is responsible for being aware of what constitutes cheating and plagiarism and for avoiding both. The complete text of the CUNY Academic Integrity Policy and the Brooklyn College procedure for implementing that policy can be found at this site: []. If a faculty member suspects a violation of academic integrity and, upon investigation, confirms that violation, or if the student admits the violation, the faculty member MUST report the violation. **

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">Non-attendance Because of Religious Beliefs:


 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">This class will adhere to state law regarding non-attendance because of religious beliefs. **

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">Important Dates **

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 11pt;">If you go to the college website, you will see all the important dates including conversion days, last day to drop a course without a grade, last day to withdraw from a course with a W grade, and last day to resolve INC grades from the previous semester.

[|**http://www.brooklyn.cuny.edu/web/about/administration/enrollment/registrar/bulletins.php**]