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Data Analysis for Managers MIS 131 P rerequisites MATH 23 or 24 MATH 23 or 24 n MIS 1 ABC n STAT 1  Exceptions?…none.

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Presentation on theme: "Data Analysis for Managers MIS 131 P rerequisites MATH 23 or 24 MATH 23 or 24 n MIS 1 ABC n STAT 1  Exceptions?…none."— Presentation transcript:

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2 Data Analysis for Managers MIS 131

3 P rerequisites MATH 23 or 24 MATH 23 or 24 n MIS 1 ABC n STAT 1  Exceptions?…none

4 R ecommended  OBE 130  COMS 103  Writing Proficiency

5 R equired T ext Data Analysis for Managers [Ninth Edition] [Ninth Edition] Taylor & Hopfe

6 O verview  Prepared  Present

7 E xams Midterms October 7 th November 16 th Final 9:00 Dec 14 th 10:30 & 1:30 Dec 16 th

8 F inal E xam F inal E xam Final Exam Schedule Final Exam Schedule 9:00 a.m. Tues., Dec. 14 9:00 a.m. Tues., Dec. 14 8:00 a.m. - 10:00 a.m. 8:00 a.m. - 10:00 a.m. 10:30 a.m. Thurs., Dec. 16 10:30 a.m. Thurs., Dec. 16 10:15 a.m. - 12:15 p.m. 10:15 a.m. - 12:15 p.m. 1:30 p.m. Thurs., Dec. 16 1:30 p.m. Thurs., Dec. 16 12:45 p.m. - 2:45 p.m. 12:45 p.m. - 2:45 p.m.

9 Q uizzes › Unannounced › Random › In-class › No make-ups

10 Statistical Software Saclink account required for free copy of StatGraphics Plus Win. Saclink account required for free copy of StatGraphics Plus Win ® 5.1. n MS Office 2003 may be obtained at Bookstore  $75 (with current Student ID).

11 Statistical Software StatGraphics Plus Win StatGraphics Plus Win ® 5.1 Saclink Account Saclink Account Down Load www.csus.edu/UCCS Down Load www.csus.edu/UCCS53304001039594

12 Statistical Software Suggestion ……… Suggestion ……… Before downloading StatGraphics, create a folder on desktop … MIS 131 Before downloading StatGraphics, create a folder on desktop … MIS 131 n Download all StatGraphics files to the folder. n Then, to install StatGraphics, use icon with blue-screen computer. Will need Saclink name and password. Will need Saclink name and password.

13 Statistical Software  Have Microsoft Word, Excel, and PowerPoint installed on your computer … preferably MS Office 2003.  Ensure that “Data Analysis” is available in Excel. [Go to “Tools”, then to “add- ins” and click on both “Analysis ToolPak” options.]

14 P roc -L i st n Set e-mail for “plain text,” n Send message to: LISTPROC@CSUS.EDU n In the message text area, type: SUBSCRIBE HOPFE131-L First name Last name END

15 G rading  Exams 100 points  Quizzes 10 points  Cases [varies]  Homework [varies]  Research Project 100 points Total points (approximately) = TBD

16 G rade P ercents

17 Academic Dishonesty > Pledge > Penalty > Violations of proper ethical conduct will NOT be tolerated.

18 C ourse O utline Schedule dates will hold Schedule dates will hold [additional assignments may occur] Assignments given in class and via MIS 131 Proc-List generated e-mail Assignments given in class and via MIS 131 Proc-List generated e-mail

19 Cases n team effort 1-3 members 1-3 members n statistical analysis based on provided databased on provided data  Cross-Sectional  Time Series  Quality Control

20 Research Project n team effort 2-4 members 2-4 members n statistical analysis Self-provided dataSelf-provided data  Cross-Sectional  Time Series

21 Due Dates n At beginning of class n “Courtesy Extension Period” (10 %)

22 Q uestions? n Download software this week. n Install software NLT this week.

23 Review Stat 1? Review Stat 1?

24 Data Types n Cross Sectional same random variable, multiple observations at a point in time n Time Series same random variable, observations measured at consecutive equally spaced intervals of time

25 Variation n Common Numerous small causes of variability that are inherent to any system, operate randomly or by chance n Specific Assignable, have relatively large effects on process, occur occasionally or sporadic

26 z- or t-distribution ? n Sample size? n  30n  30 n > 30n > 30 n Population variance? knownknown unknownunknown

27 Stat 1 R eview  parameters vs. statistics 4 mean 4 variance 4 sampling 4 sampling distribution

28 Stat 1 R eview  normal distribution 4 confidence intervals 4 hypothesis testing 4 p-value 4 z- vs. t-distribution

29 Levine, Prentice-Hall Decision Results H 0 : Innocent

30 Levine, Prentice-Hall P-value n Used to make rejection decision if p-value  , reject H 0 if p-value  , reject H 0 true value of  true value of 

31 Questions?

32 ANOVA

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