Mathematics 114-01,02 - Statistics for Business
Notice--Students may not receive credit both for this course and for Math 111. Math 114
does fulfill the proficiency requirement in mathematics.
Instructor: John Liukkonen
Office: 405 Gibson Hall
Telephone: 862-3440
E-mail: jrl@math.tulane.edu
Students are encouraged to contact me, and
e-mail is the most effective way of doing this.
Course Description
This course will go through basic statistics with an
emphasis on business applications. It will make extensive use of Microsoft Excel to
carry out calculations and illustrate principles. This course is recommended
for students planning to enter the Freeman School of Business undergraduate BSM
program. It is not recommended for students seeking solely to satisfy their math
proficiency requirement. The course has three lectures, a regular lab, and
an Excel lab each week, and it is expected that all students will attend regularly and
work diligently.
The course will begin with the graphical and numerical presentation of data, move
rapidly through the basics of probability and the distributions of sample statistics,
and go into confidence intervals and tests on parameters of one and two populations.
Time permitting, we will also take a first look at linear regression.
Prerequisites
Course Materials
Textbooks:
- McClave, Benson, Sincich, Statistics for Business and Economics
- (Excel supplement) Eldredge, A Microsoft Excel Companion for Business Statistics
Calculator:
- You will need a TI-83 calculator for this class (as well as for other 100 level
Math classes). We support the TI-82, TI-83, TI-83Plus, TI-85, and TI-86 calculators. The reason
for this specific list is that we will be loading programs for specific probability distributions
into these calculators, and our programs work only on these calculators.
Course components:
Final Exam (30% of your grade)
In class tests (10% each)
Excel lab (20%)--this component will be taken seriously. The Excel lab will meet in Room 111, Goldring-Waldenberg
Hall (Freeman School of Business) T5:20PM or R5:20PM according to your section (114-01 or 114-02). The lab
instructor is John Preminger (e-mail: :johnprem13@yahoo.com ).
Homework and quiz lab (10%)--your homework and quiz average will be equivalent to one class test. The lab meets R12:30 in Hebert 210 or T12:30 in Boggs 239 according to your section (114-01 or 114-02). Your homework/quiz lab
instructor is Jaime Kirsch (e-mail: : jlkirsch@hotmail.com ).
Grading policy:
Your semester average will determine your grade as follows: 90% up A, 80-89% B,
60-69% C, 50-59% D. If I am convinced you know the material better than your average indicates (e.g., with
a strong performance on the final), I will increase your grade accordingly.
Makeup policy:
There will be no makeup tests or quizzes given. In the event of an excused absence
from a test, your semester grade will be based on your remaining work. In the event of an unexcused
absence from a test, you will receive a grade of 0 for that test. For quizzes, your average will be
computed from the top 75% of your quiz grades, so no makeup quizzes need be given.
VOLUNTARY QUESTION SESSION MONDAY APR 29 1PM IN OUR REGULAR CLASSROOM DINWIDDIE 124
Final Exam:
- THURSDAY MAY 2 from 8AM to noon.
- Final Exam is in TILTON 305, NOT IN OUR REGULAR CLASSROOM.
Tests:
- Wednesday, January 30--covers Ch 1, Ch 2
- Wednesday, February 20--covers Ch 1,2,3 and Ch 4 through 4.3
- Wednesday, March 20
- Wednesday, April 24--covers through Ch 9
Homework:
The homework will come from the McClave et al text
problems listed below. You are encouraged to use MS Excel on as many
of the numerical problems as possible. Those problems marked with an E
should be carried out with MS Excel and handed in at the Excel lab.
Homework due dates
The assignments are different according to whether you are
in the Tuesday 12:30 homework lab or the Thursday 12:30 homework lab. Also, the assignments
are drawn from the List of Homework Problems below, so that "Ch 1 problems" means #5, 15, 19, 20 only.
- Tuesday 1/15 Ch 1 problems
- Thursday 1/17 Ch 1 problems and Ch 2 problems through #6
- Tuesday 1/22 Ch 2 problems through #56
- Thursday 1/24 rest of Ch 2 problems
- Tuesday 1/29 rest of Ch 2 problems AND Ch 3 problems through #10
- Thursday 1/31 Ch 3 problems through #10
- Tuesday 2/5 Ch 3 problems #19 through #39
- Thursday 2/7 Ch 3 problems #19 through #44
- Tuesday 2/12 get three dozen sets of beads
- Thursday 2/14 Ch 4 problems through #18
- Tuesday 2/19 Ch 4 problems through #26
- Thursday 2/21 Rest of Ch 4
- Tuesday 2/26 Rest of Ch 4 and Ch 5 #13 through #19
- Thursday 2/28 Ch 5 #13 through #36
- Tuesday 3/5 rest of Ch 5
- Thursday 3/7 rest of Ch 5, all of Ch 6
- Tuesday 3/12 Ch 6
- Thursday 3/14 Ch 7 through #16
- Tuesday 3/19 Ch 7 through #30
- Thursday 3/21 rest of Ch 7
- Tuesday 4/2 rest of Ch 7 and Ch 8 problems through #7
- Thursday 4/4 Ch 8 problems through #25
- Tuesday 4/9 Ch 8 problems through #54
- Thursday 4/11 rest of Ch 8 problems
- Tuesday 4/16 rest of Ch 8 problems; Ch 9 problems through #18
- Thursday 4/18 Ch 9 problems
- Tuesday 4/23 rest of Ch 9 problems
List of homework problems
- Chapter 1: 5, 15, 19, 20
- Chapter 2: 1, 4, 6, 12, 14, 20, 23E, 26, 30, 34, 37, 38E, 44E,
48, 49, 56, 57E, 61, 62, 65, 76
- Chapter 3: 3, 5, 10, 19, 24, 36, 39, 42, 44
- Chapter 4: 4, 11, 12, 18, 21, 22, 26, 40, 44, 52
- Chapter 5: 1bc, 2, 13, 14, 19, 23, 24, 27, 29, 36, 47, 51
- Chapter 6: 1, 6E, 7aE, 19, 20, 24, 27
- Chapter 7: 1, 3, 4, 8, 10, 16, 22, 24, 26, 30, 35, 36, 37, 38, 45, 47, 49, 50, 70
- Chapter 8: 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 12, 18, 20, 23, 25, 29, 32, 36, 39, 43, 44
48, 52, 54, 57, 58, 68, 71
- Chapter 9: 2, 13, 14, 18, 26, 32, 46, 50