1. ISSCM 491 Managerial Statistics
Students and Course:
Executive Degree Programs (EMBA and MBA-Healthcare Management)
Cohort of 20 students in each program
Quarter terms – 10 classes (three hours each)

2. ISSCM 491 Managerial Statistics
Subjects:

3. ISSCM 491 Managerial Statistics
Subjects (F2F and Online combination):

4. ISSCM 491 Managerial Statistics
Take a sample
(Large Group) POPULATION
Mean (m)
Stand Dev (s)
Proportion (P)
Sample (Data)
Collect Data/Sample (Ch 4)
Make a
Generalization
Describe Data
Tabular and Graphical (Ch 2)
Numerical Measures (Ch 3)
Estimation (Ch 8)
Hypothesis Testing (Ch 9)
Analyze/Interpret Data
Regression (Ch 13, 14, 15)
Simple and Multiple Regressions
Special Cases, Model Building
STANDARD DEVIATION
Central Limit (Ch 7) Theorem
Normal (Ch 6) Distribution
Time Series Forecasting (Ch 16)

5. ISSCM 491 Coverage Subjects and Schedule
Three Major Concepts
Standard Deviation
Normal
Distribution
Central Limit
Theorem
(Class 2)
-Normal Distribution -Central Limit Theorem
-Estimation
Presentation
Descriptive
Measures
-Frequency
Distribution
-Histogram
-Measurements:
Central Tendency
Dispersion
(Class 1)
Probability
-Random
Variable
-Distribution
Hypothesis
Testing
-Hypothesis Test -ANOVA
(Class 3)
(Class 4)
STATISTICS
-Correlation
-Regression
-Model Building
-Time Series
-SPC
Predictive
Statistics
-Population
-Sample
-Sampling Plans
Data
Collection
(Classess 6,7, 8, 9, 10)

6. Data Set 0 – Class Examples
Sample of Undergraduate Students (Used for Class)

7. Data Set 1 – Weekly Homework
Real Estate Data Observations (Used for Homework)

8. Data Set 2 - Group Project
Large Data Set – Inpatients Data (37 columns and 7,750 rows)
Three-year period for inpatients with diabetes

9. ISSCM 491 Managerial Statistics
Coverage in Classes:
For each subject area
What is to be covered? What does it tell us?
The application of the technique?
How is it calculated (results)?
Manual (using a small example)
Software (using Survey Data)
How to interpret the results? What does the result indicate (not indicate)?

10. Course Website
Resources
Homework/Take-Home Exams

11. Assessment
Initially, 10 homework problems (Take-Home Exams) completed and submitted.
Next: Homework Assignments 5 and 10 to be completed in class
Last (current): Homework 5 is completed in class. Assignment 10 is completed online. (I am available on my computer during assignment 10 if they have questions).