Smith School of Business Master of Management Analytics

MMA 863: Introduction to Analytic Modelling

Syllabus – MMA 21W
COURSE DESCRIPTION

In this course we will review mathematical and statistical topics needed throughout the Master of Management
Analytics program. We will review basic ideas around basic mathematics, probability and statistics required for
understanding financial analytics and the relationship between statistics and probability distributions. We will also
discuss random variables, hypothesis testing and simple linear regression modelling. In spite of its mathematical
content, the course will emphasize understanding the intuition and use of mathematical techniques rather than the
techniques themselves (e.g. solving a system of equations).

On completion of this course you will understand structured ways of thinking about data and models of multivariate
data. This will be important background for material discussed later in the program; in particular, in marketing
analytics, data acquisition and analysis, multivariate statistics, financial analytics, and pricing analytics.

This course moves very quickly. You will need to review the material in the text prior to arriving in class. We
assume that you have done this so that you are familiar with the material being covered.

INSTRUCTOR
Dr. Keith Rogers
Phone: (613) 533-3059; Email: keith.rogers@queensu.ca

REQUIRED TEXT

Statistics for Analytics and AI, Second Edition. The text will be provided to you via a link on the portal /
through email. I cannot over-emphasize the importance of reviewing the relevant chapters before attending
the corresponding classes.

COMPUTERS
Please bring your computers to each class. I anticipate that we will do exercises at various times / and use
computer based examples.

STATISTICAL PACKAGES
Class discussion will use basic tools available in the Microsoft Excel spreadsheet package. The 'Analysis ToolPak'
add-in for Excel will be required.

ASSIGNMENTS AND EVALUATION

Evaluation will be composed of one team project and a final exam. The project is worth 60% of your final
grade and the exam the remaining 40%. Team work is to be done within the team alone.

These deliverables will be discussed during the first class in the residential session.
ACADEMIC INTEGRITY
Teams may discuss the components of the project with others outside the team, but all submitted work must
be the team's own. For additional information, please see Smith's policy on academic integrity at
http://business.queensu.ca/about/academic_integrity/index.php.

TENTATIVE TIMETABLE
Below is the proposed schedule of topics. Please note that it may change.

Topic Topics Chapter Readings

1 Populations, Samples, Data and Probability (Toronto) 1-5

2 Discrete and Continuous Random Variables (Toronto) 6-8

3 Working Session (Toronto) None

4 Mathematical Review (Kingston) None

5 Hypothesis Testing, Conviction and Power 8 - 10

6 Regression Modelling and Analysis 12

7 Conclusion & Practice None