SYLLABUS Course: ECO 261 Section 2, Principles of Statistics, Summer, 2008. Class Time: MTWTHF 11:20a.m.-12:50p.m.

Room #: BEH 241 Instructor: Dr. Jeff Waddoups. Office: BEH 509. Office Hours: 1:00p.m.-1:30 p.m. M - Th; or by appointment Phone #: 895-3497 E-mail: Jeffrey.Waddoups@unlv.edu

Web Site: http://faculty.unlv.edu/waddoups Course Description

Descriptive and inferential statistics for prediction and decision-making, with managerial and economic applications includes probability theory and distributions, hypothesis testing and regression analysis. Prerequisite MAT 124, MAT 132 recommended. Required Textbooks Essentials of Statistics, Third Edition, Mario F. Triola, Addison Wesley, New York, 2008. Student Solutions Manual. Course Objectives 1) Learn to gather, analyze, and interpret economic data. 2) Learn to apply techniques of descriptive statistics. 3) Apply probability theory and distributions to business problems. 4) Learn to estimate population parameters from sample statistics. 5) Test hypotheses about population parameters. 6) Use Microsoft Excel to conduct statistical analysis. Examinations, Assignments and Grading EXCEL Assignments Midterm I Midterm II Midterm III Final Examination 10% Due dates to be announced 22.5% Held June 16, 2008 22.5% Held June 24, 2008 22.5% Held July 2, 2008 22.5% Held July 11, 2008

100% - 90% A range 89% - 80% B range 79% - 70% C range

69% - 60% D range 60% and below F range There will be four examinations held on the dates indicated above. The four tests will each contribute 22.5% to your final grade in the course. Problems assigned from the chapters, presented in class as examples, and solved during the in-class assignments will be indicative of the types of questions you will receive on the exams. During the exams, you will be allowed to use the Formulas and Tables sheet that is part of the textbook. You will also be able to use a calculator during the exams. The midterms will contain only material covered since the beginning of the course, or since the previous midterm, and the final will not be comprehensive. I will assign three projects to be completed using the EXCEL software package. The purpose of the in class assignments is to give you experience with practical applications of statistics according to the course objectives. Miscellaneous The lecture notes posted on line are not a substitute for attending class. They only offer a rough outline of the topics covered. If you must miss class, I strongly urge you to get the lecture notes from one of your fellow students who obtained them from attending class. I may change the schedule listed below according to my discretion and based on our progression through the material. If such a change is made, I will inform you during class. Accommodations for religious holidays will be made according to the guidelines set forth in the 2006-2008 Undergraduate Catalog. The Disability Resource Center (DRC) coordinates all academic accommodations for students with documented disabilities. The DRC is the official office to review and house disability documentation for students, and to provide them with an official Academic Accommodation Plan to present to the faculty if an accommodation is warranted. Faculty should not provide students accommodations without being in receipt of this plan. UNLV complies with the provisions set forth in Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, offering reasonable accommodations to qualified students with documented disabilities. If you have a documented disability that may require accommodations, you will need to contact the DRC for the coordination of services. The DRC is located in the Student Services Complex (SSC), Room 137, and the contact numbers are: VOICE (702) 895-0866, TTY (702) 895-0652, FAX (702) 895-0651. For additional information, please visit: <http://studentlife.unlv.edu/disability/>. Academic integrity is a legitimate concern for every member of the campus community; all share in upholding the fundamental values of honesty, trust, respect, fairness, responsibility and professionalism. By choosing to join the UNLV community, students accept the expectations of the Academic Misconduct Policy and are encouraged when faced with choices to always take the ethical path. Students enrolling in UNLV assume the obligation to conduct themselves in a manner compatible with UNLVs function as an educational institution. An example of academic misconduct is plagiarism: Using the words or ideas of another, from the internet or any source, without proper citation of the sources. See the Student Academic Misconduct Policy (approved December 9, 2005, located at <http://studentlife.unlv.edu/judicial/misconductPolicy.html>).

In keeping with UNLVs guidelines on sexual harassment, any conduct that has the purpose or effect of unreasonably interfering with an individuals academic or work performance by creating an intimidating, hostile, or demeaning employment or educational environment will not be tolerated. The University requires all members of the University Community to familiarize themselves with and to follow copyright and fair use requirements. YOU ARE INDIVIDUALLY AND SOLELY RESPONSIBLE FOR VIOLATIONS OF COPYRIGHT AND FAIR USE LAWS. THE UNIVERSITY WILL NEITHER PROTECT NOR DEFEND YOU NOR ASSUME ANY RESPONSIBILITY FOR EMPLOYEE OR STUDENT VIOLATIONS OF FAIR USE LAWS. Violations of copyright laws could subject you to federal and state civil penalties and criminal liability, as well as disciplinary action under University policies. To familiarize yourself with copyright and fair use policies, you are encouraged to visit the following website: <http://www.unlv.edu/committees/copyright/>. As a general rule, a student missing a class or laboratory assignment because of observance of a religious holiday shall have the opportunity to make up missed work. Students must notify the instructor of anticipated absences by the last day of late registration to be assured of this opportunity. Faculty may give students an additional week, but are encouraged to set a clear deadline. NOTE: Students who represent UNLV at any official extracurricular activity shall also have the opportunity to make up assignments, but the student must provide official written notification to the instructor no less than one week prior to the missed class(es). One-on-one or small group assistance with writing is available free of charge to UNLV students at the Writing Center, located in CDC-301. Although walk-in consultations are sometimes available, students with appointments will receive priority assistance. Appointments may be made in person or by calling 895-3908. The students Rebel ID Card, a copy of the assignment (if possible), and two copies of any writing to be reviewed are requested for the consultation. http://writingcenter.unlv.edu/ You are expected to behave respectfully during class sessions to avoid distracting us from our learning objectives. Use your common sense here, but examples of disrespectful behavior are excessive talking during lectures or presentations (unless it is part of the flow of the class), not turning off cell phones, taking cell phone calls, reading material not related to the class during lectures or presentations, eating in the class room, and sleeping during the lectures or presentations. Persistent disrespectful behavior may lead to your involuntary withdrawal from the course at the instructors discretion. Make-up tests will only be given for a documented illness or other circumstance that I deem serious enough to warrant one. You must contact me before the test in order to be eligible for a make-up exam, unless there are extremely extenuating circumstances. Miscellaneous

Class Schedule Note: The schedule contains the topics that are tentatively to be covered in the exams. The schedule is tentative. Upon the instructors discretion, topics may be added or deleted as needed.

Midterm 1. The nature of data, uses and abuses of statistics, design of experiments, summarizing data with tables and charts, measures of central tendency and dispersion, and position. Midterm 2. Fundamentals of probability and probability distributions (binomial and normal), Midterm 3. Sampling, sampling distributions, confidence interval estimation, large sample estimation, and small sample estimation. Final. Hypothesis testing, correlation and regression Disclaimer The syllabus is not a contract. I have discretion to make changes that I deem necessary.