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EC 315 Quantitative Research Methods
Menendez, Joseph C.


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.

Course

EC 315 Quantitative Research Methods

Semester

U1J 2008 IN

Faculty

Menendez, Joseph C.

Title

Adjunct Professor

Degrees/Certificates

BS Mathematics
MA National Security Affairs
MS Mangement Information Systems

Office Location

Independence

Office Hours

4:30 to 5:30 pm

Daytime Phone

817-589-3833

Other Phone

816-589-3833

E-Mail

joseph.menendez@park.edu

joseph.menendez@leesummit.k12.mo.us

Semester Dates

JUN 2 - JULY 24 // 2008

Class Days

Thursday

Class Time

5:30 - 9:50 PM

Credit Hours

3


Textbook:
 

Lind, Marchal, and Wathen; Basic Statistics for Business Economics, 6th Edition, ISBN: 978-0-07-321784-0. 
Referred to as “LIND”

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
This intermediate level statistics course covers the fundamentals of conducting quantitative research for the social and administrative sciences. The course is organized around a research project on quantitative analysis of data. Prerequisite: MA120 and CS140. 3:0:3

Educational Philosophy:
 

INSTRUCTOR'S EDUCATIONAL PHILOSOPHY: Every student who wants to learn, can learn. Students must first enjoy the learning environment. Students learn best in a stress-free, supportive, student centered classroom environment characterized by respect, positive attitudes, and encouragement.

Learning Outcomes:
  Core Learning Outcomes

  1. Derive an original regression model and run it using Excel or SPSS. Correctly interpret the model statistics including the statistical significance of the independent variables, the R-squared and (if applicable) the Durbin-Watson statistics.
  2. Derive the Durbin-Watson statistic in Excel. Determine whether a given regression has autocorrelation using a graph and the Durbin-Watson table values.
  3. Conduct hypothesis tests and confidence intervals on the mean and the difference between two means using the "t" statistic.
  4. Conduct hypothesis tests and confidence intervals on the binomial statistic and on the difference between two binomial statistics using the "t" statistic.


Core Assessment:
All Park University courses must include a core assessment that measures the course Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. For this course, the core assessment is a final exam to be administered in all sections of EC 315. This exam is worth 30 percent of the student’s final grade and will test students’ mastery of core learning outcomes through short answer questions on specific knowledge, Regression analysis procedure, and hypothesis testing.

Link to Class Rubric

Class Assessment:

Two Quizzes will be given: One during week 3 and another on week 6.  These quizzes are designed to encourage students to keep up with the material as the class progresses.  Each quizz will be worth approximately 50 points.
 
A Comprehensive Final Exam will be admisitered during week 8 and will include the Park University common assesment of Core Learning Outcomes. The exam will be values at 100 points.
 
A group project will be assigned during week one. The project will invovlve research and quantitavie analysis of data drerived from the students' own work or other experience.
The project will be valued at 100 points.
 
 
 

Grading:

Two Quizzes will be given: One during week 3 and another on week 6.  These quizzes are designed to encourage students to keep up with the material as the class progresses.  Each quizz will be worth approximately 50 points.
 
A Comprehensive Final Exam will be admisitered during week 8 and will include the Park University common assesment of Core Learning Outcomes. The exam will be values at 100 points.
 
A group project will be assigned during week one. The project will invovlve research and quantitavie analysis of data drerived from the students' own work or other experience.
The project will be valued at 100 points.

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business and Management.

Late Submission of Course Materials:
 

Homework and Term Project assignments are due at the beginning of class on the date due. Late submissions will be assessed a 50% penalty. Students missing class on the day that an assignment is due must arrange to submit their assignments on or before the scheduled time.

Students arriving late to an exam will be permitted to take the exam only if none of the other students have completed the exam. Arrivals after the first submission must schedule a make-up exam. 

In accordance with the course absence policy, students must obtain instructor permission to schedule a make-up exam. Make-up exams must be taken within one week of the missed exam and will consist of the same general material as the original, albeit a completely different version.   Make-up exams are administered by the Testing Center and require a valid photo I.D.

Course Topic/Dates/Assignments:
 

Course Topic/Dates/Assignments:

Week

Topic

Chapters

Optional

Assignments

(GUIDE)

(LIND)

Due

1

Course Introduction

Syllabus

1 - 5

Review of Basic Probability and Statistics

1

Overview of Simple Linear Regression

7

2

Discrete Probability Distributions

Lecture

6

Continuous Probability Distributions

Material

7

Sampling Methods/Central Limit Theorem

8

3

Estimation and Confidence Intervals

2

9

One-Sample Tests of Hypothesis

3

10

Two-Sample Tests of Hypothesis

4

11

4

Linear Regression and Correlation

7

13

HW#1

Multiple Regression and Correlation Analysis

10

14

Time Series and Forecasting

11

19

5

Midterm Exam

Material

T&F Paper

Project Discussion/Group Work

to Date

6

Multiple Regression and Correlation Analysis

11 - 12

14

Proposal Paper

Dummy Variables

Lecture

18

Time Series and Forecasting

Material

19

7

Advanced Topics in Econometrics/Forecasting

Lecture

20

HW#2

Project Discussion/Group Work

Material

8

Final Exam

Material

Final Paper

to Date

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2007-2008 Undergraduate Catalog Page 85-86

Plagiarism:
Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2007-2008 Undergraduate Catalog Page 85

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment.
  3. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  4. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  5. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  6. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  7. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2007-2008 Undergraduate Catalog Page 87-88

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Critical Thinking                                                                                                                                                                                                                                          
Outcomes
Short answer questions with a Maximum value of 166 Points                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Hypothesis tests and confidence intervals nearly perfectly conducted. (149 points or more of 166 points) Most causes or processes of economic phenomena are correctly identified and stated. (115 to148 points of  166 points) Most causes or processes of economic phenomena are not correctly identified and stated. (83 to 114 points  of 166 points) No causes or processes of economic phenomena are stated clearly. (0 to 82 points of  166 points) 
Effective Communication                                                                                                                                                                                                                                    
Outcomes
Short-answer questions on regression procedures and hypothesis testing with a maximum value of 52 points.                                                                                                                                                                                                                                                                                                                                                                                                            
All definitions of curves or items identified on graphs are stated nearly perfectly.  (47  points or more of 52 points) Most definitions of curves or items identified on graphs are stated correctly. (36 to 46 points of 52 points) Most definitions of curves or items identified on graphs are not stated correctly. (26 to 35 points of 52 points) No definitions of curves or items on graphs are stated clearly.


(0 to 25 points of 52 points)


 
Tools and Methods of Economics                                                                                                                                                                                                                             
Outcomes
This examines regression analysis including running and interpreting regressions.  It has a maximum value of 82 points.                                                                                                                                                                                                                                                                                                                                                                                              
All calculations and explanations are nearly perfect.  (75 points or more of 82 points) Most calculations and explanations are correct. (59 to 74 points of 82 points) Most calculations and explanations are not correct. (42 to 58 points of 82 points) None of the calculations and explanations is correct.


(0 to 41 points of 82 points)


 

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Last Updated:5/4/2008 6:13:51 PM