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Data Analysis for Managers. MIS 131. P rerequisites. MATH 23 or 24 MIS 1 ABC STAT 1 Exceptions?…none. R ecommended. OBE 130 COMS 103 Writing Proficiency . R equired T ext. Data Analysis for Managers [Ninth Edition] Taylor & Hopfe. O verview. Prepared Present. E xams.
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Data Analysis for Managers MIS 131
Prerequisites • MATH 23 or 24 • MIS 1 ABC • STAT 1 • Exceptions?…none
Recommended • OBE 130 • COMS 103 • Writing Proficiency
RequiredText Data Analysis for Managers [Ninth Edition] Taylor & Hopfe
Overview • Prepared • Present
Exams Midterms October 7th November 16th Final 9:00 Dec 14th 10:30 & 1:30 Dec 16th
Final Exam Final Exam Schedule • 9:00 a.m. Tues., Dec. 14 8:00 a.m. - 10:00 a.m. • 10:30 a.m. Thurs., Dec. 16 10:15 a.m. - 12:15 p.m. • 1:30 p.m. Thurs., Dec. 16 12:45 p.m. - 2:45 p.m.
Quizzes • Unannounced • Random • In-class • No make-ups
Statistical Software • Saclink account required for free copy of StatGraphics Plus Win ® 5.1. • MS Office 2003 may be obtained at Bookstore $75 (with current Student ID).
Statistical Software • StatGraphics Plus Win ® 5.1 • Saclink Account • Down Load www.csus.edu/UCCS 53304001039594
Statistical Software Suggestion……… • Before downloading StatGraphics, create a folder on desktop … MIS 131 • Download all StatGraphics files to the folder. • Then, to install StatGraphics, use icon with blue-screen computer. • Will need Saclink name and password.
Statistical Software • Have Microsoft Word, Excel, and PowerPoint installed on your computer … preferably MS Office 2003. • Ensure that “Data Analysis” is available in Excel. [Go to “Tools”, then to “add-ins” and click on both “Analysis ToolPak” options.]
Proc-List • Set e-mail for “plain text,” • Send message to:LISTPROC@CSUS.EDU • In the message text area, type: SUBSCRIBE HOPFE131-L First name Last name END
Grading • Exams 100 points • Quizzes 10 points • Cases [varies] • Homework [varies] • Research Project 100 points Total points (approximately) = TBD
Grade Percents A 93 - 100% C+ 77 - 79 A- 90 - 92 C 73 - 76 B+ 87 - 89 C- 70 - 72 B 83 - 86 D+ 67 - 69 B- 80 - 82 D 63 - 66 D- 60 - 62 No Incomplete (I)F < 60
Academic Dishonesty • Pledge • Penalty • Violations of proper ethical conduct will NOT be tolerated.
Course Outline • Schedule dates will hold [additional assignments may occur] • Assignments given in class and via MIS 131 Proc-List generated e-mail
Cases • team effort 1-3 members • statistical analysis • based on provided data • Cross-Sectional • Time Series • Quality Control
Research Project • team effort 2-4 members • statistical analysis • Self-provided data • Cross-Sectional • Time Series
Due Dates • At beginning of class • “Courtesy Extension Period” (10 %)
Questions? • Download software this week. • Install software NLT this week.
Cross Sectional same random variable, multiple observations at a point in time Time Series same random variable, observations measured at consecutive equally spaced intervals of time Data Types
Common Numerous small causes of variability that are inherent to any system, operate randomly or by chance Specific Assignable, have relatively large effects on process, occur occasionally or sporadic Variation
z- or t-distribution? • Sample size? • n 30 • n > 30 • Population variance? • known • unknown
Stat 1 Review • parameters vs. statistics • mean • variance • sampling • sampling distribution
Stat 1 Review • normal distribution • confidence intervals • hypothesis testing • p-value • z- vs. t-distribution
Decision Results H0: Innocent Levine, Prentice-Hall
P-value • Used to make rejection decision • if p-value , reject H0 • true value of Levine, Prentice-Hall