STAT 226 Introduction to Business Statistics
This website is designed to host course material for STAT 226 - Introduction to Business Statistics at Iowa State University.
- Instructor: Jarad Niemi (niemi@iastate.edu, @jaradniemi)
This course meets
- TR 9:30-10:50 @ Mol-Bio 1414
Relevant course pages
- Slides
- Worksheets
- Practice problems
- Tables: z and t
Textbook
Statistics for Business: Decision Making and Analysis (2nd edition) by Robert Stine and Dean Foster
Software
We will be using the Statistical Software JMP. Installation instructions are here.
Course Description
Obtaining, organizing, and presenting statistical data; measures of location and dispersion; the Normal distribution; sampling and sampling distribution of the sample mean; elements of statistical inference; confidence intervals and hypothesis testing for the mean; describing bivariate relationships and inference for simple linear regression analysis; use of computers to visualize and analyze data.
Prerequisite
The prerequisite for the course is MATH 150 or MATH 165.
Q&A
Please use the Canvas discussion forum.
Schedule
| Week | Module | Topic | Reading |
|---|---|---|---|
| 1 | 1 | Categorical data | 1,2,3 |
| 2 | 2 | Numerical data | 4 |
| 3 | 3 | Normal model | 12 |
| 4 | |||
| 5 | 4 | Sampling distributions | 14.1 |
| 6 | |||
| 7 | midterm I | ||
| 8 | 5 | Confidence intervals | 15 |
| 9 | |||
| 10 | 6 | Statistical tests | 16 |
| 11 | |||
| 12 | midterm II | ||
| 13 | 7 | Fitting a line | |
| Thanksgiving break | |||
| 14 | 8 | Regression | |
| 15 | |||
| 16 | final exam |
Faculty Senate Recommendations
This course abides by the Faculty Senate Recommendations provided at http://www.celt.iastate.edu/teaching/preparing-to-teach/recommended-iowa-state-university-syllabus-statements.