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Syllabus

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Syllabus

2. 2. Course DescriptionThis course applies quantitative reasoning skills to business problems. Students learn to analyze datausing a variety of analytical tools and techniques. Other topics include formulas, visual representation ofquantities, the time value of money, and measures of uncertainty.Course Topics & ObjectivesWeek One: Working With Numbers and Formulas • Write mathematical expressions and equations for word problems. • Apply the rules for order of operations, including exponents, in solving problems. • Identify dependent and independent variables and their relationships.Week Two: Business Applications I • Solve simultaneous equations algebraically. • Use time series data to forecast. • Convert data to indexes.Week Three: Visual Representation of Quantities • Construct histograms and bivariate plots. • Determine the value of a slope by using the slope-intercept formula. • Conduct a linear regression analysis.Week Four: Time Value of Money • Calculate the time value of money.Week Five: Decision Making With Uncertainty • Construct a frequency distribution. • Compare and contrast measures of central tendency (mean, median, and mode) and measures of dispersion (range and standard deviation). • Construct a normal distribution.Week Six: Business Applications II • Apply quantitative reasoning to business problems.Course MaterialsLial, M., Hestwood, D., Hornsby, J., and McGinnis, T. (2010). Quantitative reasoning for business (custome e-text). Boston, MA: Pearson/Addison-WesleySevilla, A. and Somers, K. (2007). Quantitative reasoning: Tools for today’s informed citizen (1st ed.). Emeryville, CA: Key College Publishing
3. 3. All electronic materials are available on your student Web site.Point Values for Course AssignmentsASSIGNMENTS PointsIndividual (70%)Week 1: Participation & Discussion Questions 4Week 1: Week One Practice Problems 2Week 1: Week One Quiz 1Week 2: Participation & Discussion Questions 4Week 2: Week Two Practice Problems 4Week 2: Week Two Quiz 3Week 3: Participation & Discussion Questions 4Week 3: Week Three Practice Problems 4Week 3: Week Three Quiz 3Week 3: Forecasting with indices 4Week 4: Participation & Discussion Questions 4Week 4: Week Four Practice Problems 4Week 4: Week Four Quiz 3Week 5: Participation & Discussion Questions 4Week 5: Week Five Practice Problems 4Week 5: Week Five Quiz 3Week 6: Final Examination 15Learning Team (30%)Week 2: Inventory System Summary 4Week 3: APA Style 1Week 4: Week Summary 1Week 5: Inventory Proposal 10Week 6: Executive Management Presentation 14Total 100