data analysis for managers mis 131 p rerequisites math 23 or 24 math 23 or 24 n mis 1 abc n stat 1 ...
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PPrerequisitesrerequisites MATH 23 or 24MATH 23 or 24 MIS 1 ABCMIS 1 ABC STAT 1 STAT 1
Exceptions?…noneExceptions?…none
RRequiredequired TTextext
Data Analysis for Data Analysis for ManagersManagers
[Ninth Edition][Ninth Edition]
Taylor & HopfeTaylor & Hopfe
EExamsxams
MidtermsMidterms October 7October 7thth
November 16November 16thth
FinalFinal9:00 9:00 Dec 14Dec 14thth
10:30 & 1:30 10:30 & 1:30 Dec 16Dec 16thth
FFinalinal E Examxam
Final Exam ScheduleFinal Exam Schedule 9:00 a.m. 9:00 a.m. Tues., Dec. 14Tues., Dec. 14 8:00 a.m. - 10:00 a.m.8:00 a.m. - 10:00 a.m. 10:30 a.m. 10:30 a.m. Thurs., Dec. 16Thurs., Dec. 16 10:15 a.m. - 12:15 p.m.10:15 a.m. - 12:15 p.m. 1:30 p.m. 1:30 p.m. Thurs., Dec. 16Thurs., Dec. 16 12:45 p.m. - 2:45 p.m.12:45 p.m. - 2:45 p.m.
Statistical SoftwareStatistical Software
Saclink account Saclink account required for free required for free copy of StatGraphics copy of StatGraphics Plus Plus Win Win ® 5.1. .
MS Office 2003 MS Office 2003 may be obtained at may be obtained at Bookstore Bookstore $75 $75 (with current Student ID).(with current Student ID).
Statistical SoftwareStatistical Software
StatGraphics StatGraphics Plus Plus Win Win ® 5.1
Saclink AccountSaclink Account Down Load Down Load
www.csus.edu/UCCSwww.csus.edu/UCCS
5330400103959453304001039594
Statistical SoftwareStatistical Software
SuggestionSuggestion……………… Before downloading StatGraphics, create Before downloading StatGraphics, create
a folder on desktop … a folder on desktop … MIS 131MIS 131 Download all StatGraphics files to the Download all StatGraphics files to the
folder.folder. Then, to install StatGraphics, use icon Then, to install StatGraphics, use icon
with blue-screen computer.with blue-screen computer. Will need Saclink name and Will need Saclink name and
passwordpassword..
Statistical SoftwareStatistical Software
Have Microsoft Word, Excel, and Have Microsoft Word, Excel, and PowerPoint installed on your computer PowerPoint installed on your computer … preferably MS Office 2003.… preferably MS Office 2003.
Ensure that “Data Analysis” is available Ensure that “Data Analysis” is available in Excel. [Go to “Tools”, then to “add-in Excel. [Go to “Tools”, then to “add-ins” and click on both “Analysis ins” and click on both “Analysis ToolPak” options.]ToolPak” options.]
PProcroc-L-Liistst
Set e-mail for “plain text,” Set e-mail for “plain text,” Send message to:Send message to:
[email protected] [email protected] In the message text area,
type:
SUBSCRIBE HOPFE131-LSUBSCRIBE HOPFE131-L First name Last nameFirst name Last name
ENDEND
GGradingrading
Exams Exams 100 points100 points QuizzesQuizzes 10 points10 points CasesCases [varies][varies] HomeworkHomework [varies][varies] Research Project Research Project 100 points 100 points
Total points (approximately) = TBDTotal points (approximately) = TBD
GGrade rade PPercentsercents
AA 93 - 100%93 - 100% C+C+ 77 - 7977 - 79A-A- 90 - 9290 - 92 CC 73 - 7673 - 76B+B+ 87 - 8987 - 89 C-C- 70 - 7270 - 72BB 83 - 8683 - 86 D+D+ 67 - 6967 - 69B-B- 80 - 8280 - 82 DD 63 - 6663 - 66
D-D- 60 - 6260 - 62No Incomplete (I) FF < 60 < 60
Academic Academic DishonestyDishonesty
PledgePledgePenaltyPenalty Violations of Violations of
proper ethical proper ethical conduct will NOT conduct will NOT be tolerated.be tolerated.
CCourseourse O Outlineutline
• Schedule dates will holdSchedule dates will hold[additional assignments may occur][additional assignments may occur]
• Assignments given in Assignments given in class and via MIS 131 class and via MIS 131 Proc-List generated e-Proc-List generated e-mailmail
CasesCases
team effort team effort 1-3 members1-3 members
statistical analysisstatistical analysis• based on provided databased on provided data
Cross-SectionalCross-Sectional Time SeriesTime Series
Quality ControlQuality Control
Research ProjectResearch Project
team effort team effort 2-4 members2-4 members
statistical analysisstatistical analysis• Self-provided dataSelf-provided data
Cross-SectionalCross-Sectional Time SeriesTime Series
Due DatesDue Dates
At beginning of classAt beginning of class
““Courtesy Extension Courtesy Extension Period”Period”
(10 %)(10 %)
QQuestions?uestions?
Download software this week.Download software this week.
Install software NLT this weekInstall software NLT this week..
Data TypesData Types Cross Cross
SectionalSectional
same random same random variable, variable, multiple multiple observations at observations at a point in timea point in time
Time SeriesTime Seriessame random same random variable, variable, observations observations measured at measured at consecutive consecutive equally spaced equally spaced intervals of intervals of timetime
VariationVariation CommonCommon
Numerous Numerous small causes of small causes of variability that variability that are inherent to are inherent to any system, any system, operate operate randomly or by randomly or by chancechance
SpecificSpecific
Assignable, Assignable, have relatively have relatively large effects on large effects on process, occur process, occur occasionally or occasionally or sporadicsporadic
z- or t-distributionz- or t-distribution??
Sample size?Sample size?• n n 30 30• n > 30n > 30
Population variance?Population variance?• known known • unknownunknown
Stat 1 RStat 1 Revieweview parameters vs. statisticsparameters vs. statistics meanmean variancevariance samplingsampling sampling distributionsampling distribution
Stat 1 RStat 1 Revieweview
normal distributionnormal distribution confidence intervalsconfidence intervals hypothesis testinghypothesis testing p-valuep-value z- vs. t-distributionz- vs. t-distribution
Levine, Prentice-Hall
Decision ResultsDecision ResultsHH00: Innocent: InnocentJury Trial H0 Test
Actual Situation Actual Situation
Verdict Innocent Guilty Decision H0 True H0 False
Innocent Correct Error Do NotReject H0
CorrectType II
Error ()
Guilty Error Correct Reject H0Type I
Error ()Correct
Levine, Prentice-Hall
P-valueP-value
Used to make rejection decisionUsed to make rejection decision
• if p-value if p-value , reject H, reject H00
• true value of true value of