ME 340

TENNESSEE WESLEYAN COLLEGE

STATISTICS FOR MANAGEMENT

ME 340

Athens

T: 6:00 – 10:00 p.m.

4/29-5/27

Class Hours: 3.0 Instructor: Dr. Carol Decker

Credit Hours 3.0 Office Hours: T: 5:00-6:00 pm

Course Syllabus Office Location: Lawrence Hall 215

Summer 2014 Phone: 423-746-5270

Revised: 1/6/14 E-mail: cdecker@twcnet.edu

Web Page Address: http://www.twcnet.edu/cdecker

(Check for Syllabi, Assignment, Announcements, & Updates)

Mission Statement

In keeping with the spirit of the liberal arts, Tennessee Wesleyan College seeks within

the framework of the Judeo-Christian tradition to provide for students the highest quality

educational experience, to promote personal integrity, responsibility, and purpose, and to

prepare for a life of leadership and service in an ever changing global community.

FROM THE EXPANDED MISSION STATEMENT

The curriculum is designed to prepare graduates to be knowledgeable, to think critically

and creatively, and to develop a basis for effective judgment. In order that they may take

their places among those who lead and serve, the following goals are expected of

graduates:

1. TWC Graduates will possess effective communications skills

2. TWC Graduates will possess effective skills in global and cultural awareness

3. TWC Graduates will possess effective analytical skills.

The following outcomes are expected of Tennessee Wesleyan College graduates with

regard to general education:

1. Use effectively the skills of reading, writing and speaking

2. Recognize the issues that affect social and political behavior in their historical and

cultural perspective.

3. Recognize and analyze contributions of the arts and literature.

4. Demonstrate mathematical computation skills, and basic computer applications skills

and demonstrate an understanding of the scientific method.

5. Think critically and develop a basis for effective judgment.

6. Access and evaluate information and its sources and use information effectively to

accomplish a purpose.

Mission of the Department:

The Department of Business Administration at Tennessee Wesleyan College strives to develop students intellectually, ethically, and socially in order for them to meet the demands of an ever-changing global society.

CATALOG COURSE DESCRIPTION: The course will introduce basic statistical and quantitative methods for managerial problem solving. Microsoft Excel will be utilized for technology exposure to making quantitative managerial decisions.

PREREQUISITE: N/A

COURSE OBJECTIVES:

· To recognize key statistical concepts· To apply statistical analysis methods· To perform problem solving utilizing statistical analysis methods and technology

COURSE RELATIONSHIP TO BUSINESS PROGRAM/DEPARTMENT AND INSTITUTIONAL PURPOSE:

· This course will prepare graduates to be knowledgeable, to think critically and creatively, and to develop a basis for judgment in the business setting, which is a part of Tennessee Wesleyan College's curriculum.· This course is a requirement for all management excellence majors as quantitative skills are essential for effective managers and employees in any setting.

COURSE RELATIONSHIP TO MANAGEMENT EXCELLENCE KNOWLEDGE/SKILLS & LEARNING OUTCOMES:

· This course provides statistical knowledge and the following skills:o Application of statistical methods in management/business settingso Application of statistics for decision making o Critical thinking, and quantitative capabilities in the area of management

· This course provides management excellence learning outcomes:· To apply quantitative and mathematical abilities to management decision making· To employ professional ethical responsibility in managerial decision making· To develop strategic decision making capabilities

TEXT/REQUIRED RESOURCES:

Keller. BSTAT 4ltrPress Text. Cengage.

ADDITIONAL READINGS:

Numerous business and management industry materials including periodicals and newspapers providing insight current management decisions and decision making. Also the following websites may be examined for data opportunities.

http://www.bls.org/

www.ama.org

www.usatoday.com

www.census.gov

www.stat-usa.gov

http://economagic.com

METHODOLOGY OF INSTRUCTION: This course will consist primarily of statistical concepts, exercises/assignments, and projects.

REQUIREMENTS:

Attendance: Attendance requirements in accord with ME Student Guide.

If you do have to miss class for any reason, it is your responsibility to get notes, assignments, and exam/quiz information from a classmate NOT THE INSTRUCTOR. Absence is not an excuse!

Assignments: Assignments are due as required by the instructor and on the due date or before if you anticipate an absence. THERE WILL BE NO MAKEUPS FOR ASSIGNMENTS PERFORMED IN CLASS. All assignments should be typewritten or computer analyzed, complete, and professional in order to receive credit. NO LATE ASSIGNMENTS WILL BE ACCEPTED!!!!

Participation: Your participation in this course is critical to the result you and others receive in this class. Participation will be evaluated according to your attendance, assignments, and performance in class exercises, and discussions. Class activities may include case discussions, problems, and concepts that will support class material. Points may be added or deducted from the final grade based on your positive or negative contributions to the course.

Grading: The following grade scale will be utilized in this course. In order to achieve a certain level on this scale you must obtain the score indicated.

A......... 94-100

A-....... 90-93

B+........ 87-89

B.......... 84-86

B-....... 80-83

C+........ 77-79

C.......... 74-76

C-....... 70-73

D+...... 67-69

D......... 64-66

D-....... 60-63

F...........Below 60

EVALUATION/ASSESSMENT:

Exams (2)............................................................40%

Assignments................................................20%

Statistics Project & Presentation........................30% (25/5)

Participation.................................................10%

Exams: There will be (2) exams throughout the course. Please see course timeline for dates. Exams will consist of multiple choice, calculation, or short answer/essay questions covering the textbook and material discussed in class. Study guides will be provided. NO MAKE UP EXAMS WILL BE GIVEN!!!! If you have to miss an exam for ANY reason, you are eligible for a cumulative exam given at the end of the course.

Assignments: There will be assignments to complete within the course mostly consisting of statistical analysis. Assignments will be made throughout the course and mostly each class period, and performed in class, that parallel course content and the requirements of the overall statistics project. Please see guidelines regarding assignments above. THERE ARE NO MAKUPS FOR ANY IN CLASS WORK! AND NO LATE ASSIGNMENTS WILL BE ACCEPTED!!!

Statistics Project: Each student will be required to complete a short statistics project on an agreed on topic with the instructor; beginning with a management problem, utilizing hypothesis testing, analysis, and dissemination of results. All such topics will be addressed in the class. An outline and additional guidance will be provided throughout the course. You should be prepared to provide a 5-minute stand up presentation on your project and be able to respond to questions. Presentation guidelines will be provided.

Participation: Please see participation guidelines above.

Disability Statement:

Any student who feels she/he may need an accommodation based on the impact of a documented disability should contact the Academic Success Center to discuss specific needs. Please contact Dr. Patsy Ging, Director of Learning Support Service for Students with Disabilities at x5237, or via email at pging@twcnet.edu. It is the students' responsibility to make initial contact with one of the coordinators in the Academic Success Center. Coordinators: Dr. Patsy Ging/pging@twcnet.edu, Dr. Patti pjones@twcnet.edu, or Mr. John Gaston at jgaston@twcnet.edu

ASSESSMENT MEASURES FOR COLLEGE-WIDE LEARNING OUTCOMES

Learning Outcome

Measurement

Assessment

Use effectively the communication skills of reading, writing, and speaking.

Students will read required and assigned class materials, write statistical assignments and projects, prepare short answer/essay exam responses, participate in class discussions and exercises, present statistical projects, and listen to presentations for the purpose of offering critical questioning.

Exams worth 40%, Statistical project and presentation worth 30%, attendance and participation worth 10%, and written assignments worth 20% will be used to assess student learning and class performance.

Recognize social and political behavioral issues in their historical and cultural perspective.

Students will read materials for the purpose of gaining background for the statistical projects.

This material will be assessed through exams worth 40% and statistical project/assignments and presentation worth 50%.

Demonstrate mathematical computation and computer application skills.

Students will apply multiple statistical analysis methods.

Students will develop a statistical project utilizing a variety of computer application skills.

Mathematical, computer, and technology skills will be assessed through exams worth 40%, a written/calculation of statistical projects/assignments and presentation worth 50%.

Think critically and develop a basis for effective judgment.

Students are expected to respond to short answer/essay exam questions, develop a statistical project, and assignments, which require critical thought and judgment.

Exams, Statistical Project, and assignments account for 90% of the final grade.

Access and evaluate information and its sources and use information effectively to accomplish a purpose.

Students are expected to prepare read and gather materials for the statistics project and presentation that are supported by statistical analysis and information dissemination

Statistics project completion and assignment decisions assess abilities at a total percentage of 50%.

CLINICAL/LABORATORY/FIELD EXPERIENCES: Students are expected to utilize outside resources (written and verbal) for completing assignments. These assignments may involve discussions with individuals presently working in statistics and other text readings related to management and the designated topics that will support any statements made in written work.

NOTE: Academic Integrity (from TWC Catalog 2013-2014)

The Tennessee Wesleyan College Honor System promotes academic integrity on the Tennessee Wesleyan College campus and increases awareness among different groups within the College community---students, faculty, staff, and administration—of the importance of academic honesty. Each student has the right and duty to pursue his or her academic experience free of dishonesty. The Honor System establishes the higher level of conduct expected and required of all Tennessee Wesleyan College students. Violation of academic integrity, either by plagiarism or by cheating in the classroom or elsewhere, is inconsistent with the philosophy of education at Tennessee Wesleyan College and the moral and ethical prescriptions of the Christian faith.

Instructor Policy on Academic Integrity: Any assignments found to violate the above will be considered as an F without the possibility of make-up opportunities. Continued violations will result in an F for the course. A violation on a final assignment or exam will result in an F for the course.

The instructor reserves the right to make adjustments to this schedule.

OUTLINE OF COURSE CONTENT

Week No./

Beginning Date

Class Date and Scheduled Topic

Required Readings & Assignments Due

1. April 29

4/29 Statistics; Data; Sampling; Probability

Introduction; Projects & Outline; Assignments; Chapters 1-5

2. May 6

5/6 Distribution; Estimation; Hypothesis Testing

Exam 1 Chapters 1-5; Chapters 6-10; Assignments

3. May 13

5/13 Analysis and Dissemination

Chapters 11-18; Assignments

4. May 20

5/20 Projects

Exam II; Projects

5. May 27

5/27 Presentations

Projects Due

 

 

Project Outline (5- 10 Pages)

Introduction

Background of Problem with Problem Statement

Hypothesis Test

Analysis

Results

Conclusion