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Statistics and Probability for Business Management
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Group A | MWF 10:00-10:50, IS 404 [CRN 20078] |
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Group B | MWF 1:00-1:50, Thaw 102 [CRN 32326] |
Instructor | Dr. Nancy Pfenning |
Office | Cathedral 2632 (take elevator to 27, walk down one flight) |
nancyp+@pitt.edu | |
Phone | 624-8368 (statistics office, leave message with Diane) |
521-8349 (home, if urgent, before 10pm) | |
624-3715 (during office hours) | |
Office Hours | MWF 9:00-9:30, 11:15-12:30 (tentative) |
additional hours by appointment | |
Stat Lab | 715 Thackeray, hours to be announced |
HTML | Word | PostScript |
This is a one-term introduction to statistics and probability intended primarily for undergraduate business administration majors and for joint CAS/Business majors. Emphasis will be equally placed on statistical models, descriptive statistics and the analysis of data. A statistical computer package (MINITAB) will be introduced, and the students will be shown how to use this package to analyze management data.
MATH 0120 (Calculus for Business and Economics) or MATH 0220. No Computer Science background is needed.
Homework (including computer assignments), quizzes, two midterms, and a comprehensive final exam.
11 Homeworks | 100 |
Best 10 of 11 Quizzes | 100 |
2 Midterms, 200 each | 400 |
Final Exam | 400 |
Total | 1000 |
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90-100% A; 80-89% B; etc. Plusses and minuses are used for borderline cases and to ensure fairness and consistency.
Hildebrand & Ott: Statistical Thinking for Managers, 4th ed., Duxbury Press.
Available for copying in Math/Stats library 4th floor Thackeray
Recitations will concentrate on the use of MINITAB (our computer package) and on the clarification and review of lecture material. Quizzes will be administered in recitation. In addition, individual questions, especially those pertaining to the homework assignments, may be addressed.
Melissa Shapiro, mfsst113+@pitt.edu
Note: The material in this course is cumulative in nature. Thus, it is important not to fall behind in your reading or assignments or you will find yourself lost. If you are confused, see me or your recitation instructor for help.
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