ECON 242 -- Statistics
Sections A & B, Spring Semester, 2012
Syllabus

Revised: 2012.01.06


Catalog Description: A first course in statistics which introduces descriptive and inferential statistical tools as they apply to economics, management, and the social sciences.

Prerequisites: MATH 110 or above, or consent of instructor.

Course goals: By the end of the semester, you should understand:

Why learn statistics? See the commentary by Clive Thompson in the May, 2010, issue of Wired.

Text: Essentials of Business Statistics, 4th Ed., by Bowerman, O'Connell, Murphree, and Orris; McGraw-Hill, 2012. ISBN:  978-0-07-340182-9 (Book's web site)

Instructor: Dr. Jim Howatt; Office: Olin 304; Phone: 387-1570.  Visit me during my office hours or most any time that my door's open.


Computing your grade: The class assignments are weighted as follows:

Your final grade will be computed as follows:

Percentage
Points

100-95

94-90

89-87

86-83

82-80

79-77

76-73

72-70

69-67

66-63

62-60

0-59

Letter
Grade

A

A-

B+

B

B-

C+

C

C-

D+

D

D-

F

Grades will not be "curved". 


Schedule: (Note: this schedule may change to adapt to the needs of the class)  

Dates

Topics to be Covered

Readings

Feb 1 & 3
Course overview; Intro to Statistics
Chap 1
Feb 6 & 8
Descriptive statistics: tables and graphs
Chap 2
Feb 10 & 13
Descriptive statistics: summarizing numerical data
Chap 3
Feb 15 thru 20
Introduction to probability
Chap 4
Feb 22 & 24
Discrete random variables
Chap 5
Feb 27
Review
Chaps 1 thru 5
Feb 29
Test 1
Chaps 1 thru 5
Mar 2 thru 7
Continuous probability distributions
Chap 6
Mar 9 thru 14
Sampling distributions
Chap 7
Mar 16 thru 28
Confidence intervals (and spring break)
Chap 8
Mar 30 thru Apr 4
Hypothesis testing
Chap 9
Apr 6 thru 9
Easter

Apr 11 thru 16
Two-sample statistical inference
Chap 10
Apr 18
Review Chaps 6 thru 10
Apr 20
Test 2
Chaps 6 thru 10
Apr 23 & 25
Experimental design and analysis of variance
Chap 11
Apr 27 & 30
Chi-squared testing Chap 12
May 2 thru 9
Regression
Chaps 13 & 14
May 11
Review
Chaps 11 thru 14
May 16
Test 3 -- 10:15 - 12:15 (Section A only)
Chaps 11 thru 14
May 14
Test 3 -- 1:15 - 3:15 (Section B only) Chaps 11 thru 14


Class Policies/Expectations: