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Spring 2003 Course information

Meeting time and location

CRN	Subj	Crse	Sec	Credits	Title		Campus
22147	MATH	214	001	3.00	Probability & Stats/Bus Mjrs		Indiana
		Jan 13, 2003		May 2, 2003	MWF	08:00 am - 9:00 am	STRGT	231

Course description

MATH 214 Probability and Statistics for Business Majors (3c-0l-3sh)

Designed to study the methods of describing data, probability theory, discrete and continuous random variables, sampling distributions, estimation and tests of hypothesis for means, proportions and variance, and simple linear regression and correlation.

Course materials

Textbook
Statistics for Business and Economics (8th ed.) by James T. McClave, P. George Benson, and Terry Sincich, published in 2001 by Prentice-Hall, Inc.

Calculator
TI-83 or TI-83 Plus Graphing Calculator

Software
Microsoft Excel

Learning objectives

• Compute sample means and sample standard deviations
• Construct and interpret histograms and boxplots
• Compute probabilities and quantiles for a Normal distribution
• Draw simple random samples
• Compute and interpret confidence intervals
• Conduct and interpret statistical tests of hypotheses
• Compute and interpret least squares regression lines

How to succeed in this course

• Do your best.
• Attend all class meetings.
• Keep up with the course work.
• Do optional work.
• Get help when you need it.
• Revise and resubmit.
• Don't cheat.

Grading policies

The components of your grade will include required homework assignments, quizzes, optional assignments, project reports and presentations, and a cumulative final examination.

The cumulative final examination will be worth 100 points. The final exam will be given on Monday, April 28, 2003 from 8:00 AM until 10:00 AM.

Your grade will be computed by finding the percentage of points you earn in the course out of the number of points available to you in the course through required and optional work.

Grade	Percentage range
A	90% to 100%	Advanced understanding of the course material
B	80% to 90%	Basic understanding of the course material
C	70% to 80%	Concern about your understanding of the course material
D	60% to 70%	Deficient understanding of the course material
F	0% to 60%	Seriously deficient understanding of the course material

Attendance and late homework policies

You are expected to attend all class meetings, including the final examination. If you miss a class, turn in any assignments that were due as soon as possible.

Grades for assignments turned in late will be penalized, with an increasing penalty as time passes beyond the due date, unless an approved excuse is provided to me.

Make-up assignments must be arranged on a case-by-case basis, and will be approved only with a legitimate excuse.

Student Contacts

Use these spaces to record the names and contact information for students you can ask for notes and assignments if you miss a class.