Syllabus ECON 302 BUSINESS and Eco Staistics ONLINE COURSE SYLLABUS.docx

ECON-302 BUSINESS and ECONOMIC STATISTICS
ONLINE COURSE SYLLABUS
Fall 2018
Instructor: Dr. Mostafa Malki
Phone:
E-Mail: [email protected]
Office Hours: By appointment as needed
This is an online course; therefore, expect most communication to be online as well.
The best way to contact me is by email. Please ONLY send emails to
[email protected] . All emails must include ECON-302 and your section in the
subject line. I will respond to emails within a 48 hour time period (not including
weekends).
COURSE DESCRIPTION: Statistics for Business and Economics first reviews the
basic concepts of statistical inference: central tendency and dispersion, probability
distributions, the Central Limit Theorem, sample variability, estimation with confidence
intervals, and tests of statistical significance. The course then extends inference by
looking into: (i) small-sample tests for averages (t-test); (ii) hypothesis tests comparing
two sample averages; and (iii) Chi-square tests. The course finally introduces the student
to simple regression (fitting a line to a scatter plot) and multiple regression (the
generalization of the regression technique to more than one explanatory variable).
COURSE OBJECTIVES:
You will explore and describe data, examine sampling distributions, make estimations,
test hypotheses, perform simple and multiple regression analysis, and build models
working both independently and collaboratively.
These applications will guide you to:
1. Explain the concepts of descriptive statistics and use sample statistics to make
inferences about population characteristics;

2. Recognize different models of statistical processes such as hypothesis testing and
linear and multiple regression, etc.;
3. Explain statistical processes and choose which process to use for particular data
analysis applications;
4. Learn to interpret statistical results as a basis for decision making;
5. Learn to use applicable statistics software;
6. Collaborate effectively to use statistical analysis to address business challenges
Course Prerequisites: Math 141, 175 or equivalent.
TEXTBOOK AND OTHER REQUIRED MATERIALS:
D. A. Lind/W. G. Marchal/S. A. Wathen, Statistical Techniques in Business &
Economics – McGraw Hill Irwin, 15th edition ISBN-13: 978-0-07-340180-5
GRADING POLICY OF ACTIVITIES AND COURSE:
Evaluation of student performance will be based upon four equally weighted exams. Each
exam will count 25% of the course grade. There is no comprehensive final exam. Grades
for the course will be determined by achieving the following average ranges:
Percentages for course grade level are as follows:
A= 90-100%
B= 80-89%
C = 70-79 %
D= 60-69%
F= 00-59%
Extra credit work will NOT be assigned so please do not ask.
Tentative Course Schedule:
Please Note: The instructor reserves the right to change this schedule as circumstances
may dictate. All changes to this schedule will be announced on the course homepage.

Successful Completion of ECON-302 Requires:
Academic Honesty: All students are required to submit an agreement to follow the
principles of the highest level of ethical and professional behavior.