SYLLABUS

 

1.    Wayland Baptist University,  XXXXXXXXXXXXXX Campus, School of Business

 

2.    Mission Statement:  Wayland Baptist University exists to educate students in an academically challenging,

learning-focused and distinctively Christian environment for professional success, lifelong learning, and service to God and humankind.

     

3.    Course:  BUAD 4335 – {Section Number}, Quantitative Decision Making   

                         

4.    Term:

 

5.    Instructor:

 

6.    Office Phone and email:

 

7.    Office Hours, Building, and Location

 

8.    Class Meeting Time and Location:

 

9.    Catalog Description: Students will develop competency in problem solving and decision making techniques through the solving of complex quantitative decision problems. The course provides an understanding of theoretical concepts and demonstrates practical management science applications currently used in business. The student is challenged to master the application of mathematical techniques as a tool in the solution of business problems.

 

10.  Prerequisites: Math 1306

 

11.  Required Textbook and Resources:

 

BOOK

AUTHOR

ED

YEAR

PUBLISHER

ISBN#

REVIEW

Elementary Statistics

Chapter 1,2, sec 5-5, Chapter 9,sec 10-5 &10-6, chapters 11-15

Triola

10th

2006

Pearson

0-321-33183-4

Spring 09

 

12.  Optional Materials:

 

13.  Course Outcome Competencies:

 

  • Identify and describe four sources of data and four types of data.
  • Compile a set of data that will enhance data interpretation and analyses.
  • Describe, calculate and interpret the numerical descriptive measures.
  • Identify and apply principles of binomial distribution and normal distribution.
  • Summarize the relationship between the standard error of the mean and sample size.
  • Describe the sampling distribution of the mean.
  • Convert scores to standardized z-scores.
  • Calculate and interpret confidence intervals.
  • Formulate and test one tail and two tail hypothesis for
    • Sample mean vs. population mean (σ known)
    • Sample mean vs. population mean (σ unknown)
    • Sample proportion vs. population proportion
    • Tests for differences in two means
    • Tests for differences in two variances
    • Tests for differences in more than two mean
    • Tests for differences between two or more population proportions
  • Calculate and apply the linear regression model.
  • Interpret the slope and coefficient of correlation and deduce statistical inferences about them.
  • Calculate and interpret six sigma tools.

 

14.  Attendance Requirements:

 

15.  Disability Statement:  “It is university policy that no otherwise qualified disabled person be excluded from participation in, be denied the benefits of, or be subject to discrimination under any educational program or activity in the university.”

 

16:  Course Requirements and Grading Criteria:

 

17.  Tentative Schedule: (Calendar, Topics, Assignments)

 

18.  Additional information as desired by the faculty member.