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GSB420: Applied Quantitative Analysis

Autumn, 2017 (Online Class)

updated: 7/15/2017


Office: Loop Campus (1 E Jackson DPC Room #6230)
Phone: (312)362-5970
Email: jlee141@depaul.edu
The best way to reach me is to send email. Please use GSB420 as a prefix on the subject line,
and that will get my attention immediately. If you don’t receive my reply within 24 hours,
please remind me again. Due to many email filters and mass email, your email might be lost.

OFFICE HOURS: Mon/Wed 3:30-4:30 or by appointment (DPC6230)

The class will provide quantitative, statistical, and analytical methods that would be beneficial
to MBAs in the modern business world. The course is demanding because there are so many
topics to squeeze within 10 sessions or less. I expect the class to be proactive and ready for
each week by challenging me with questions. We will cover essential topics on math, calculus,
and statistics in focusing on practical applications in business. Thus, most of examples will
be related with business world, and computer software will be extensively used for class and

Statistics for Managers using Microsoft Excel, 8th Edition, David M. Levine, David F. Stephen,
Kathryn A. Szabat


From DePaul library, you can also access two useful books via online;
Business Statistics Demystified by Steven M. Kemp and Sid Kemp.
Statistics for Dummies by Deborah Rumsey.


• Every week, the class we will have an exam due on Sunday at 8:00PM. The exam will
be consisted with short answer questions and data analysis using Microsoft Excel.

• Students need to review all material assigned to each week before submitting the weekly

• Final Exam will be given at the end of 10th week, and due on Nov 18 at 10:00 PM.


• Homework: Weekly homework will be posted in D2L, and it will be due every Friday at
10:00PM. All homework needs to be submitted to Dropbox in D2L. The answers will be
available right after 10:00 PM, so any late submission will not be allowed.

SOFTWARE USED in CLASS (required for homework and computer instruction

classes) We will use extensively EXCEL with data took analysis and PHStat provided by the
text. For regression models, we will use Minitab (any version): DePaul computer labs, and a
30 day trial version is available from minitab.com. We will start to use Minitab from the sixth
week. For remote campus or corporate classrooms, all students can access Minitab at DePaul
virtual lab from the following site: http://vlab.depaul.edu

Exam I-IV (10% each, total 40%), Final Exam (20%), In-Class Quizzes(5%), Computer As-
signment (10%), Homework (20%), Weekly End of Chapter Quizzes on D2L (5 + 5% extra
Scale of grade: A: 93 or above, A-: 88-92.9, B+: 85-87.9, B: 80-84.9, B-: 77-79.9, C+: 75-76.9,
C: 70-74.9, C-: 68-69.9, D+: 65-67.9, D: 60-64.9, F: Below 60

All computer sofrware, Microsoft Excel and Minitab will be covered by lectures and instruc-
tion and pracice examples will be given. No prior knowledge is necessary to perform any
computational work.

Work done for this course must adhere to the University Academic Integrity Policy. Violations
include but are not limited to the following categories: cheating; plagiarism; fabrication and
academic misconduct.

• Cheating: any action that violates University norms or an instructor’s guidelines for the
preparation and submission of assignments. Such actions may include using or providing
unauthorized assistance or materials on course assignments, or possessing unauthorized
materials during an examination.

• Plagiarism: the representation of another’s work as your own. You are to prepare your
own homework assignments. Violations may result in the failure of the assignment, failure
of the course, and/or additional disciplinary actions.

• Misconduct: This includes but is not limited to attempts to bribe an instructor for
academic advantage; persistent hostile treatment of, or any act or threat of violence
against, an instructor, advisor or other students. Violations may result in additional
disciplinary actions by other university officials and possible civil or criminal prosecution.

You may review the Academic Integrity Policy in the Student Handbook or by visiting Aca-
demic Integrity at DePaul University (http://academicintegrity.depaul.edu)

I do not take attendance. The attendance will be automatically checked by completion of nec-

essary course material posted in D2L. Excuses on exam may be considered under extraordinary
circumstances provided by official documentation.

Student with Disability: Students with Disability may register the The Productive Learning
Strategies (PLuS) Program. You may request your exam schedule arrangement by requesting
through the PLuS program. For more information on the PLuS program, you may visit
http://studentaffairs.depaul.edu/plus/ or call: 312-362-8000.


(The instructor may change the order or contents by needs, any special material needs for class
will be available on D2L)

• Class 1 (CH 1-2)

Introduction to Algebra and Mathematical Functions
Statistics, Data Collection, and Visualization

• Class 2 (CH 3-4)

Descriptive Statistics and Probability

• Class 3 (CH 5)
Discrete Probability Distributions (Binomial, Poisson Distribution)

• Class 4 (CH 6)
Continuous Probability Distribution (Normal, and t Distribution)

• Class 5 (CH 7-8)

Sample Disribution and Confidence Interval

• Class 6 (CH 9)
Hypothesis test

• Class 7 (CH 10-11)

Two Sample Test and Analysis of Variance

• Class 8 (Ch 12),

Simple Regression Analysis

• Class 9 (CH 13-14)

Multiple Regression Analysis

• Class 10 (CH 15)

Time Series Analysis and Forecasting