Applied Managerial Statistics (MATH533) stresses the practical use of statistics in the collecting, organizing, analyzing, interpreting, and presenting of data. Both descriptive and inferential techniques are covered.
Prerequisite(s): None
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Terminal Course Objectives DeVry University course content is constructed from curriculum guides developed for each course that are in alignment with specific Terminal Course Objectives. The Terminal Course Objectives (TCOs) define the learning objectives that the student will be required to comprehend and demonstrate by course completion. The TCOs that will be covered in detail each week can be found in the Objectives section for that particular week. Whenever possible, a reference will be made from a particular assignment or discussion back to the TCO that it emphasizes.
A Given a managerial problem and accompanying data set, construct graphs (following principles of ethical data presentation), calculate and interpret numerical summaries appropriate for the situation. Use the graphs and numerical summaries as aids in determining a course of action relative to the problem at hand.
B Given a managerial problem, utilize basic probability concepts, and standard probability distributions, e.g., binomial, normal, as is appropriate, to formulate a course of action which addresses the problem.
C Given a managerial problem and accompanying data set, for which application of a confidence interval is appropriate, construct an interval, assess its validity, and use the confidence interval in developing a course of action relative to a problem.
D Given a managerial problem and accompanying data set, for which the test of an hypothesis is appropriate, conduct an appropriate statistical test, assess the validity of the test, and use the test results to decide on a course of action relative to a problem.
E Given a managerial problem and accompanying data set, for which regression analysis€”simple or multiple€”is appropriate, fit a regression model to the data, determine the validity and utility of the model, and use the model, if appropriate, to determine a course of action intended to deal with a problem.
F Students should be able to perform the necessary calculations for objectives A through E using technology, whether that is a computer statistical package or the TI-83, and be able to use the output to address a problem at hand.

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Blended eLearning This course is an 8-week, intensive course that includes both classroom-based and eLearning activities. Your participation in both areas is essential to your success in this course. You should expect to spend time each week participating in the prescribed activities both before and after our class meeting.
Participation before, during, and after class meetings is critical to your success in this intensive environment.
To get the most out of our weekly class meetings, it is essential that you come to class prepared. The weekly readings listed in the Course Schedule will prepare you for class. Our class meetings, in turn, will prepare you for upcoming exams and assignments.
Through the DeVry eLearning Platform, you will be able to
€¢ review the Syllabus and weekly assignment information;
€¢ submit completed work for grading;
€¢ take quizzes and exams;
€¢ obtain copies of class handouts and notes;
€¢ e-mail the instructor and other students; and
€¢ participate in online discussion of class material.
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Course Schedule Week, TCOs, and Topics Readings and Class Preparation* Activities and Assignments
Week 1
TCOs A and F
Data Organization and Analysis Chapter 1: Statistics, Data, and Statistical Thinking
Chapter 2: Methods for Describing Sets of Data Homework Problems (MyStatLab)
Quiz**
Graded Discussion Topics
Week 2
TCOs B and F
Probability Concepts and Distributions Chapter 3: Probability
Chapter 4: Random Variables and Probability Distributions: Sections 4.1€“4.3 Homework Problems (MyStatLab)
Quiz**
Graded Discussion Topics
Course Project€”Part A
Week 3
TCOs B and F
The Normal Distribution,
Sampling Distributions Chapter 4: Random Variables and Probability Distributions: Sections 4.5€“4.8 and 4.10€“4.11
Homework Problems (MyStatLab)

Week 4
TCOs C and F
Hypothesis Testing I: Basics and Confidence Intervals Chapter 5: Inferences Based on a Single Sample: Estimation with Confidence Intervals: Sections 5.1€“5.5
Homework Problems (MyStatLab)

TCOs D and F
Hypothesis Testing II: One Sample Hypothesis Tests Chapter 6: Inferences Based on a Single Sample: Tests of Hypotheses: Sections 6.1€“6.6
Homework Problems (MyStatLab)
Quiz**
Graded Discussion Topics
Week 6
TCOs E and F
Simple Linear Regression Chapter 10: Simple Linear Regression
Homework Problems (MyStatLab)
Quiz**
Graded Discussion Topics
Course Project€”Part B
Week 7
TCOs E and F
Multiple Linear Regression Chapter 11: Multiple Regression and Model Building: Sections 11.1€“11.4
Homework Problems (MyStatLab)
Quiz**
Graded Discussion Topics
Course Project€”Part C
Week 8
All TCOs Final Exam
*Note: Individual instructors may add selected enrichment/optional topics to the basic coverage, with corresponding additions to the homework, quizzes, and Final Exam.
**Note: Students have unlimited attempts on homework exercises, and they must earn greater than or equal to 80% on the homework in order to take a weekly quiz. Students will be permitted two attempts on each quiz, and they will receive the higher number of points earned. Quizzes must be completed by midnight (MT) Sunday at the end of the week (unless another deadline is set by the instructor).
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Due Dates for Assignments & Exams All assignments, quizzes, and exams are to be completed per the schedule indicated by your instructor.
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Assignment Values and Letter Grades The maximum score in this class is 1,000 points. The categories, which contribute to your final grade, are weighted as follows.
Assignment Points Weighting
Discussions
(20 Pts, Week 1; 30 Pts, Weeks 2€“7) 200 20%
Weekly Quiz*
(35 Pts, Weeks 1, 2, 4, 5, 6, 7;
40 Pts, Week 3) 250 25%
Course Project
(100 Pts for each of 3 Parts) 300 30%
Final Exam 250 25%
Total Points 1,000 100%

*Note: Students have unlimited attempts on homework exercises, and they must earn greater than or equal to 80% on the homework in order to take a weekly quiz. Students will be permitted two attempts on each quiz, and they will receive the higher number of points earned. Quizzes must be completed by midnight (MT) Sunday at the end of the week.
All of your course requirements are graded using points. At the end of the course, the points are converted to a letter grade using the scale in the table below.
Letter Grade Points Percentage
A 930€“1,000 93% to 100%
A- 900€“929 90% to 92.9%
B+ 870€“899 87% to 89.9%
B 830€“869 83% to 86.9%
B- 800€“829 80% to 82.9%
C+ 770€“799 77% to 79.9%
C 730€“769 73% to 76.9%
C- 700€“729 70% to 72.9%
D+ 670€“699 67% to 69.9%
D 630€“669 63% to 66.9%
D- 600€“629 60% to 62.9%
F 599 and below Below 60%