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B AD 5122 QUANTITATIVE METHODS II - FALL 2015

INSTRUCTOR:
OFFICE:
PHONE:

DR. DAUFFENBACH
4 - ADAMS HALL
325-2934

E-MAIL:

rdauffen@ou.edu

CLASS TIMES:
OFFICE HOURS:

TR: 11 AM 1 PM,
10/19/201512/18/2015
M: 4:00 - 5:00 PM &
BY APPOINTMENT

PRE-REQUISITE: BAD 5001 QUANTITATIVE METHODS I


COURSE OBJECTIVES: This eight-week course builds on Quantitative Methods I, providing an
overview of classical statistical methodology as it relates to business decision-making. These
analytical techniques are powerful tools for knowledge discovery, making informed business
decisions, and justifying decisions. The goal is for you to be aware of and comfortable with
these statistical techniques, to understand their power and limitations, and to develop an
applications-oriented mindset capable of problem identification, implementation of the
appropriate procedures for investigation, correct computation and interpretation of findings. The
emphasis is on inferential statistics (estimation, confidence intervals, and hypothesis tests) and
Regression Analysis including multiple regression analysis. Microsoft Excel will be the primary
computational vehicle for this course. This is a graduate level class, and graduate education is
advanced, focused, scholarly, and professional.
TEXTBOOKS:
Donnelly, Robert A., Jr., (2007) The Complete Idiots Guide to Statistics. 2nd edition. Alpha
Publishing Co.. (This is the same text used in B Ad 5001.)
Nevo, Dorit (2014) Making Sense of Data through Statistics. 1st edition, Legerity Digital Press.
The text have been selected for their readability, illustrative examples, and practical usefulness.
These are not advanced statistical texts by any measure, but they do a good job of providing the
fundamentals so that we can explore more advanced graduate-level topics. Having two sources
for fundamental concepts will we valuable to some students. The Donnelly text does not include
multiple regression analysis, but the Nevo text does. This is another reason for two texts, each of
which cost $20.
To purchase the Nevo text, go to the website (www.ldpress.com) and hit the button to purchase
the text. The payment processor is Paypal, and most purchasers can use a credit card to purchase
the book. Once payment is received, you will be given a link from which to download a pdf
version of the text. Slides relating to both texts will be provided online.
The Nevo text is a little more thorough in some of its treatments than is the Donnelly. But, I
want to emphasize that the Donnelly text is our primary text. If the subject matter is clear to you
from this text and you can work the problems associated with that material, you do not need to
read the Nevo material. However, if you need more explanation, Nevo does a great job. The
only real required reading of Nevo is for the multiple regression chapter.
FLIPPED ONLINE NATURE OF CLASS: Lectures will be provided online as video recordings.
Students are to have studied the appropriate text material for each class prior to class, to have
viewed the lecture material to class, to have taken practice quizzes prior to class, and to come
prepared at class time to take a quiz for credit and to engage in problem solving exercises.
Active participation in the classroom is a baseline expectation.

EXAMS: Two exams will be given. Exam topics will include topics from assignments, lecture
materials, and homework assignments. On each of these tests you will need to solve problems
and interpret your results. Tests may also contain essay-type questions that require you to
undertake tasks such as study design, etc. Exams will be closed book, you may bring a formula
sheet. One will be provided and additions can be made to it. In general, the second exam is not
comprehensive, per se. However, the material is cumulative in nature. Thus, I may include
topics assessed during the first exam on the second exam. Study guides will be provided that
should help clarify the nature of overlapping material.
QUIZZES:

Weekly quizzes will be given, typically at the beginning of each class. I will announce
the topic and general format the class period prior to the quiz. Format will vary based on the
nature of the material. Therefore, one week I may ask you to be prepared with definitions,
another week how to distinguish between certain tests, select a correct formula from among a set
of formulae, etc. Format may be multiple choice, short answer, etc., depending on the nature of
the material. These will be closed book unless I announce otherwise. No make-up quizzes will
be given for any reason. I will drop your one lowest quiz score to compute your average.
PARTICIPATION: Communication skills are essential to your future success as a manager. Use
this class to refine and develop these skills by participating in classroom discussions. I anticipate
two methods to earn participation points: usefulness and lucidity of questions and comments in
class and presenting solutions to an assignment. Remember OUr MBA Program Credo: (1) We
work hard; (2) We work together; (3) We follow through; and (4) We care for each other.
HOMEWORK: Working problems and applying the techniques addressed in this course are
essential to learning this material. You would have to be a uniquely gifted student to perform
well on the exams without applying significant effort to solving homework problems. The plan is
to have homework every week, even for the first week of class. Group work is emphasized and
permissible. However, group work is not an opportunity for division of labor and divide and
conquer. Use group learning as a vehicle for increased understanding. If you find these are not
enough I am happy to recommend additional problems. However, I usually need to talk to you
understand what issues are giving you trouble so I can recommend the most appropriate
additional problems therefore some lead time is usually needed. I will allocate class time to
work through problems typically the class period after I have assigned particular problems will
be the time to ask questions about problems.
GRADING:
Exam I
Exam II
Homework
Quizzes/Participation
Total

35%
35%
20%
10%
100%

ELECTRONIC COMMUNICATION: I use classfiles to post lecture materials, but D2L to post
grades. The Internet path to classfiles is : http://pcbfaculty.ou.edu/classfiles/BAD%205122/
You will need to enter sooner\4x4 and password. I also use of email to provide additional
information when necessary. For instance, if a student has a question about a homework

assignment, I will forward the response to everyone when warranted. Therefore, please check
your electronic mail frequently.
Students are responsible for forwarding their OU mail to a different email account if they do not
use their university account. To forward: go to http://account.ou.edu, enter 4+4 and network
password, select Forward this account and enter the new email address. If you need assistance
with this, call 325-4636 (325-INFO) or email studentsupport@ou.edu.
CLASS POLICIES:
1.

Professionalism. Attending class on time and prepared to participate is considered


mandatory. You are responsible for all materials and topics discussed in class. You are
also responsible for any changes in assignments, test dates, office hours, etc. If you must
miss class, arrange with a classmate to get copies of handouts, notes, find out any
changes in schedules, etc.

2.

Alternative exams are given with a valid university excuse. Please note that university
policy requires that students must provide faculty with notification of the need for
accommodation at least 2 class periods prior to the exam. Exam dates are specified on
the syllabus. If due to an emergency or illness you must miss an exam, it is your
responsibility to contact me ahead of time. Make-up exams may be oral, essay, or
another form as determined by the instructor.

3.

All phones must be off during class. We will frequently be using computers during class
time.

4.

Please keep all of your assignments returned during the semester. There are two reasons
to do so. First, any topic important enough to be reinforced via quiz/homework will be
covered on an exam, so these materials are important to consider when you study for an
exam. Second, by keeping your graded materials, it is easy to make a correction if an
inadvertent error is made in recording grades.

5.

Posting grades. I use D2L to post grades. Please take advantage of this information
and notify me if my records are inconsistent with yours. I make every effort to keep
accurate records, but occasionally an error occurs and I am happy to make corrections if
you have documentation.

HONOR CODES AND ACADEMIC MISCONDUCT: The University of Oklahoma has an Academic
Misconduct Code that governs student academic performance in and out of the classroom. The
steps and procedures as outlined in the Academic Misconduct Code
(http://www.ou.edu/provost/integrity-rights/) will be followed in all cases of academic
misconduct in this class. It is strongly recommended that all students review this policy.
STUDENTS WITH DISABILITIES:
Students with disabilities requiring academic accommodation should to 1) register with the
Office of Disability Services (http://drc.ou.edu/) and 2) provide a letter to the instructor from this
organization indicating the academic accommodations. Due to the compressed schedule for this
course please take such steps immediately.

RELIGIOUS HOLIDAYS: It is the policy of the University to excuse the absences of students that
result from religious observances and to provide without penalty for the rescheduling of
examinations and additional required coursework that may fall on religious holidays.

Tentative Schedule B Ad 5122: Quantitative Methods II


Date
Week 1
10/19

Week 2
10/26

Week 3
11/2
Week 4
11/9
Week 5
11/16
Week 6
11/23

Readings
QM I Review; Donnelly Ch. 11 Normal
Probability Distribution; Nevo Ch. 6
Continuous Probability Distributions 201207 & 211-230; Donnelly Ch. 13 Sampling
Distributions; Nevo Ch 7 Sampling
Distribution of Sample Mean, 239-259;
Nevo Sampling Distribution of Sample
Proportion, 319-322

Subtopics
Behavior of the sample mean and sample
proportion, mean and variance in relation to
parent population mean and variance.
Characteristics of a good estimator of
parent population parameters.

Homework Problems
PS I Sample Spaces;

D-Ch. 14 Confidence Intervals (mean and


proportion); D-Ch 15 Intro to Hypothesis
Testing; N-Intro, 233-238; N-Logic of
Hypothesis Testing, 259-270; N-Type I
and Type II Errors, 270-279; D-Ch. 16
Hypothesis Testing with One Sample; N- tdistribution, 281-284; N-Test of
Population Proportion, 322-331.
D-Ch. 17 Hypothesis Testing with Two
Samples
N-Ch. 10 Hypothesis Testing of
Parameters from Two Populations
Review for Mid-Term Exam

Point Estimates v. Intervals; Fundamentals of


C.I. and H.T.
CI Est. & H.T. of , known & unknown
CI Est. & H.T. of ; Determining sample size
Critical Values; p-values; t-tests, Z test of
hypotheses for the proportion; Type I and
Type II errors; power of test

PS III Confidence Intervals and


Hypothesis Tests

Means from independent and related


populations; Proportions from independent
populations; F Test of variance ratios

Ind. PS IV Hypothesis Tests for two


population means and proportions

D-Ch. 19 Analysis of Variance; N-Ch. 12


Analysis of Variance
D-Ch. 13 Correlation and Simple Linear
Regression; N-Ch. 13 Regression
Analysis, 489-499

One-way and two-way ANOVA

Ind. PS V ANOVA

Model types; Least-squares methodology;


Measures of variation and goodness of fit;
Autocorrelation; t and F tests of statistical
inference for slope term; confidence intervals
for Y|x.

Ind. PS VI Simple Regression

Interpreting coefficients; measures of fit;


residual analysis; hypothesis tests and
confidence intervals; Misspecification bias;
multcollinearity; dummy variables

Ind. PS VI ANOVA within context of


Regression Analysis and Multiple
Regression Analysis

11/26
Week 7
11/30

Thanksgiving Holiday
N-Ch. 13 Regression Analysis, 500-529

Week 8
12/7
Final
Exam
12/17

Review for Final

PS II Sample Mean Simulations;


MRunsBeta; MRunsProportion

Mid-Term Test 11/12

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