Econ 207: Business Statistics Dr. Saleheen Khan Department of Economics Office: 121 Morris Hall Minnesota State University Phone: 389 2711 Spring 2001 e-mail: saleheen.khan@mnsu.edu URL: http://krypton.mankato.msus.edu/~khans3/econ207.html PURPOSE This course provides an introduction to theoretical and applied statistics for business and economics. The main objective is to stress the importance of applying statistical analysis to the solution of common business problems. Every opportunity is utilized to demonstrate the manner in which statistics can effectively facilitate the many decisions that business managers face on an almost daily basis. TEXTBOOK - Statistics for Business and Economics (eighth edition), Anderson, Sweeney, and Williams (required) - Workbook ( optional, but highly recommended) HOMEWORK Homework will be assigned regularly. Students are recommended to make a study group (each consists of 3 to 4 students) and are strongly encouraged to study together to solve homework problems. Practice is the key to be successful in taking a statistics course. Solution to the selected homework problems will be discussed in the class. You will also learn and use statistical software, SPSS, to compute statistical measures. EXAMINATION AND QUIZZES Six quizzes, two mid-term exams, and a comprehensive final exam will be given in class during the semester. Exams and quizzes will consist primarily of statistical problems. A calculator will be necessary for computations. REVIEW WORKSHEETS A review worksheet will be assigned before every major exam. You should attempt to solve all the problems in the review worksheet. It will prepare you for the exam. Review worksheets will be collected and graded. GRADING POLICY The total number of possible points in the course is 500. Quizzes : 60 pts Review worksheets : 30 pts First mid-term : 100 pts Second mid-term : 100 pts Final Exam : 150 pts Class participation and attendance : 10 pts Computer Assignments : 50 pts

Page 2 MAKE-UP POLICY There will be no make-ups for missed quizzes regardless of reason. Make-up exam may be given under extreme circumstances. You need to show an official, written university excuse to get that opportunity. For those with an official excuse, a single comprehensive make-up will be given during the last week of the scheduled class. Any student fail to follow this policy will receive an automatic zero for the missed exam(s). OFFICE HOURS My office hours are M – R: 10:00 am – 11:00 am and 3 pm- 4:00 pm or by appointment. I strongly encourage you to stop by my office to discuss your progress. ASSIGNED PROBLEMS 1. Introduction Chapter 1: 5, 6, 8, 13, 22 2. Descriptive Statistics Chapter 2: 4, 15, 20, 25, 30, 39 Chapter 3: 6, 7, 13, 19, 23, 27, 29, 31, 35, 36, 49, 56, 58 3. Introduction to Probability Chapter 4: 2, 4, 10, 16, 19, 23, 26, 29, 30, 33, 36, 53 4. Probability Distribution Chapter 5: 8, 11, 16, 21, 26, 29, 30, 33, 38, 40, 43, 48, 51, 53, 57, 58, 64, 65 Chapter 6: 2, 6, 9, 10, 15, 19, 21, 23, 34, 39 5. Sampling Distribution Chapter 7: 1, 11, 14, 18, 19, 20, 27, 28, 29, 33, 34, 41, 42, 56 6. Interval Estimation Chapter 8: 2, 6, 15, 18, 20, 27, 30, 31, 33, 34, 35, 60 7. Hypothesis Testing Chapter 9: 16, 17, 27, 37, 42, 46, 47, 49 Chapter 10: 11, 12, 16, 17, 20, 30, 31, 36, 47 8. Tests of Goodness of Fit Chapter 12: 3, 5, 9, 12, 27, 31 9. Analysis of Variance Chapter 13: 1, 2, 8, 11, 15, 26 10. Regression Analysis Chapter 14: 1, 2, 4, 9, 15, 16, 18, 23, 24, 26, 45 Chapter 15: 2, 5, 7, 15, 20, 23, 33, 34 ** Please read the lecture notes, textbook chapters, and other supplementary materials regularly as we proceed through the semester. Regular attendance is important to be successful in this course. SPECIAL NOTE Every attempt will be made to accommodate qualified students with disabilities. If you are a student with a documented disability, please see me as early in the semester as possible to discuss the necessary accommodations, and or contact the Disabilities Services Office at (507)-389-2825 or 1-800-627-3529(MRS/TTY".