Quantitative Methods for
Methods for Business
and Williams, 7th Ed.
BA 3370 (Business Statistics).
A survey and analysis of major mathematical
and statistical techniques used in business commonly referred to as decision
science. The topics covered will be probabilities and probability distributions,
utility theory, regression analysis, and linear programming. We will also
do some simulations using Excel, such as waiting line models, cash flow
Test and Grading
I will give daily homework assignments
to work out and hand in the next class period. These assignments will be
due at the start of the next class. I will also assign some of the case
problems from the text, such as "Property Purchase Strategy" on
page 135 and "Forecasting Lost Sales" on page 210. These cases will
be worth up to 5 bonus points each on the mid-semester exams. It
is very important that you do the homework as assigned and read the text.
All tests will be closed book and open notes. You may use any material
on the test that you have handwritten in your notes, or that I may have
passed out. Do not copy (electronically or mechanically) material to bring
into the test, and do not use your texts.
Class attendance and promptness is important
and expected. If you will miss class please let me know, and if you have
an excused absence make sure that I am notified. If you miss a test it
can be made up on the last Friday of the month or in special cases, by
arrangement with me.
|2 tests @ 30 points each
|Comprehensive Final Exam