Syllabus ECON 302 BUSINESS and Eco Staistics ONLINE COURSE SYLLABUS.docx - ECON-302 BUSINESS and ECONOMIC STATISTICS ONLINE COURSE SYLLABUS Fall 2018

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

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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;
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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.
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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.
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