Business Statistics I
FALL 2012 COURSE OUTLINE
Prerequisite &/or Exclusions: None
Ryerson Senate GPA policy prevents students from taking a course more than three
times. (i.e., registered initially, repeated once, repeated twice = 3 registrations) If you
fail a required course for the third time, you will be assigned an academic standing of
Withdrawn, and will be ineligible to continue in your program.
INSTRUCTOR: Robert Hudyma
PHONE: 416-979-5000 (Ext 7673) Note: Please contact me by email.
DO NOT LEAVE ME A PHONE MESSAGE.
CONSULATATION HOURS: Monday 3PM to 5PM TRS 2-030
Course E-MAIL: [email protected]
Use this e-mail for questions regarding grades and course
E-MAIL: [email protected]
(Due to the high volume of emails
received, please expect at least three working days for a
Students are required to activate and maintain a Ryerson Matrix e-mail account. This
shall be the official means by which you will receive university communications. See
The Subject field of each e-mail should be carefully completed and should contain the
course code “QMS102”. It is requested that e-mails should be sent to your
professor only if you cannot wait to have your question(s) answered before the
next scheduled lecture.
Your email responses will be posted on the Blackboard announcement with your identity
removed. Please read your announcement on Blackboard frequently.
1 METHOD OF POSTING GRADES:
Students who wish not to have their course grades posted must inform the
instructor in writing before the second session. All final grades will be available on
the web at my.ryerson.ca (RAMSS) at the end of each term, approximately 10 days after
the date of the final examination. Grades will not be faxed or emailed.
CALENDAR COURSE DESCRIPTION:
This course consists of an introduction to business statistics including methods of
describing, summarizing, graphically presenting, measuring and analyzing statistical
data, probability distributions, variance applications, sampling distributions and control
charts. The course emphasizes how to apply various statistical techniques in the support
of managerial decisions in the various functional areas of business. Students will be
required to use the recommended calculator to present and analyse statistical data.
Learning Goals Learning Objectives
The students will be able to…
Properly present • Organize and present data in tables and charts
and describe such as a stem-and-leaf display and frequency
• Graph the data in the form of a histogram,
polygon or ogive
Descriptive • Describe a set of data by measuring the central
tendency and the variability of the data.
Measures • Compare variability.
• Summarize data with a box-whisker plot.
Probability • Decide when and how to use various probability
• Calculate the control limits for the various
control charts and understand what a control
chart is indicating
TEXTS & READING LISTS:
Business Statistics: A Two-Semester Text, 9 edition for Ryerson University,
Compiled by Darryl Smith and Clare Chua
Prentice Hall, 2012 ISBN: 1256821349.
NOTE: The new edition of the text has been revised. If you wish to buy the older
edition of the text, you are fully responsible for all the changes made in the new edition.
The professor will assign problems from the new edition of the text. You are responsible
to match up the assigned problems from the new edition with the old edition of the text.
Please buy the CASIO FX-9750GII calculator. The CASIO FX- 9750G PLUS calculator or an
equivalent calculator is acceptable. However your professor will not be supporting or
2 using any calculator other than the CASIO FX-9750GII calculator in class. If you decide to
use a calculator other than the CASIO FX-9750GII you are responsible for knowing how to
use its functions on your own. You are not allowed to use a laptop or a portable/handheld
computer in quizzes, test and exam.
On completion of the course, students will be able to:
1. Describe, present and analyze information
2. Describe a set of data by measuring the central tendency and the variability
of the data
3.Apply the concept of probability to quantify uncertainty and assess business risk.
The grade for this course is composed of the mark received for each of the
Component Percent/Weig Date
Test #1 (90 minutes) 25% Week 5
Test #2 (90 minutes) 20% Week 11
11 Online homework 5% Almost every
Final Exam (2 ½ hours) 50% TBA
December 4 to
(*this approximate date and the schedule and weights in the table
immediately above are subject to change)
1. The tests and final exam will be CLOSED BOOK. For each test a one page 8.5 x 11
inch crib sheet (two- sided) will be permitted. For the final exam 2 crib sheets (two-
sided) will be permitted. Please note that BLANK crib sheet is not allowed in the
examination room. It shall be removed. Any inappropriate crib sheets will be removed
during the test and examination. You must write your name on your crib sheet. We
reserved the right to remove your crib sheet.
2. Each test will be approximately 90 minutes in duration. The final exam will be of 2
½ hours in duration.
3. Topics covered on test/exam.
Test 1 will cover all topics from week 1 to week 4 inclusive. (Note: topics may subject
3 to change. Any changes will be announced in class.)
Test 2 will cover topics on probability (from week 6 to 10). (Note: topics may subject
to change. Any changes will be announced in class.)
Exam will cover all topics from week 1 to week 12 inclusive.
4. You are required to submit an online homework. The due date will be indicated in the
website. Excuses related to technology such as laptop breakdown, server down,
cannot access the website, etc are not considered. There is no makeup for a
missed online homework. Therefore do your homework early.
What you should do if you miss your test/exam? Please follow these steps.
1. You must report your absence by email to your professor that you are unable to
write your test/exam before the test/exam date.
2. Then, you must submit the appropriate documentation to your professor within
3 working days of the test/exam. If you cannot submit the document(s) within
three working days, you must notify your professor by email to avoid receiving a
If the notification and document are not received in time, your test/exam mark will
Ryerson Medical form can be downloaded from http://www.ryerson.ca/rr/medical.pdf .
Please note that your professor only accept the Ryerson Medical form.
It is your responsibilities to observe the Policy 134 section IB3 of part c to avoid
receiving a zero mark on your test/exam. See the Ryerson University calendar or online
There is no makeup for Test 2. You must submit appropriate documentation to your
course instructor within 3 working days of the test(s). If either your notification or your
document is not received in time, your test mark will be zero. If your documentation is
approved, the weight of the test will be added to the final exam.
There is a makeup for the Test 1. If your documentation is approved, a makeup test will
be scheduled by your course instructor. Please note that any MAKEUP test/exam
may not follow the same format as the regular test. However the materials
tested in the regular test remains the same in the makeup test.
4 TOPICS – TENTATIVE SEQUENCE & SCHEDULE:
Week Topic Readings Suggested Activities & Assignments
1 Definition, Data Chapters 1,2 Answer questions in handouts and
Types, and 3 questions in chapters 1 and 3 of the
Measurement Scale, in the textbook. textbook.
Stem-and-Leaf Plot Calculator
lesson 1 on
2 Stem-and-Leave Chapter 3 in the Answer questions in handouts and
Plot, Graphing textbook questions in chapter 3 of the
3 Frequency Chapter 3 Answer questions in handouts and
Distribution, OGIVE Calculator questions in chapter 3 of the
and Percentile, lesson 2 on textbook.
Measures of Central page 142
4 Measures of Central Chapter 4 Answer questions in handouts and
Tendency and Calculator questions in chapter 4 of the
Measure of lesson 3 on textbook.
Variability page 171
5 Which is a better Chapter 4 Answer questions in handouts and
measure of central Calculator questions in chapter 4 of the
tendency? lesson 4 on textbook.
Measures of page 195
STUDY WEEK ( No class) October 8 to October 12.
6 Box-Whisker Plot Chapter 4 Answer questions in handouts and
Basic Probability Calculator questions in chapter 4 of the
Lesson 3 on textbook.
7 Discrete Probability Chapters 5 and Answer questions in handouts and
Binomial 6. Calculator