EC315 Quantitative Research Methods

for F2BB 2010

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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.


EC 315 Quantitative Research Methods


F2BB 2010 HL


Coy Rice, DM


Adjunct Faculty



Office Location

On Location

Office Hours

By Appointment

Daytime Phone

Ask for via email


Semester Dates

Monday, October 18, 2010 - Sunday, December 12, 2010

Class Days


Class Time

5:00 - 10:00 PM


MA120 and CS140

Credit Hours



Basic Statistics for Business and Economics with Formula Card by Douglas Lind, William Marchal, and Samuel Wathen Product Details • Hardcover • Publisher: McGraw-Hill/Irwin; 7 edition (January 11, 2010) • ISBN-10: 0-07-738447-4 • ISBN-13: 978-0-07-738447-0

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Course Description:
EC315 Quantitative Research Methods: 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:
 Students maximize their potential through education by understanding concepts in a way that it is relevant to them in their life during the time that the education is taking place. People of all ages, driven by their desires, achieve personal goals for the future with the implementation of adequate materials, feedback from teachers and peers, and personal evaluations. Gratification emerges when students know that they are building upon stepping stones within their academic road to success.

Learning Outcomes:
  Core Learning Outcomes

  1. Derive an original regression model and run it using Microsoft Excel. Write a paper explaining this model and its outcome.
  2. Given an Excel regression output, correctly interpret the model statistics including the statistical significance of the independent variables and the R-square statistic of the model.
  3. Find the predicted value of the dependent variable given a regression output with independent variable coefficients plus values for the independent variables.
  4. Conduct hypothesis tests and confidence intervals on the mean and the difference between two means using the "t" statistic.
  5. 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:
A variety of assessment methods will be used, in addition to the core assessment, to evaluate the learning in this course. Students, observed on their class participation, performance on quizzes, writing assignments, and examinations, will generate a final score for the course. There will be numerous opportunities to work in groups.

1. Tests – Students are required to take a mid-term and final examination.
2. Homework – Students are required to do homework as assigned in class. Most questions will derive directly from the text. Additionally, students must write a paper explaining a regression model and its output.

3. Participation – Students are required to enter various discussions and activities throughout the course.

The final course grade will be determined using the following measurements:

Mid-Term Exam                   30%

Final Exam                            30%

Homework                             30%

Participation                          10%

TOTAL                                100%


Mid-Term Exam                   300

Final Exam                            300

Homework                             300

Participation                          100

Total Points                          1000

Final Grade:

90 – 100   = A

80 – 89.9 = B

70 – 79.9 = C

60 – 69.9 = D

 0 – 59.9 = F

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 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.

Late Submission of Course Materials:
Assignments, handed in late, will be reduced 10 points per day. The Mid-Term test will have a one-week make-up time before a “zero” grade will be given. The Final exam will only have one day in which the student must make-up the test before the grade becomes a “zero.”

Classroom Rules of Conduct:
1. Attend class and be prompt. Class attendance is part of class participation, which is a portion of your grade. Roll will be checked at the beginning of each class period. Since tardy entry to a class disrupts the class, your lateness for class will receive a reduction in points.


3. Be prepared for class. This means that you have read the assigned readings and are prepared to discuss them. Daily quizzes may be given at the beginning of class. Tardy arrival at class will result in missing the quiz. Quizzes may not be made up. This course will consist of class discussion, small group discussion, group work, and lecture. You are expected to take part in the discussions and group work. Your in-class participation is another portion of your grade. Also, assigned reading will not always be reviewed in class, but examinations will be from both assigned readings and class discussions.

4. Examinations. There will be a mid-term examination and a comprehensive final

examination. Exam answers will be short answer and essay. Examinations will be from both assigned readings and class discussions

5. No makeup exams will be given unless the student produces a written excuse signed by a doctor (with the doctor’s registration number) in the case of illness, or a tow bill from a tow company in the case of car problems. A written excuse from the campus nurse is acceptable. The same requirement applies to illness of children.

Course Topic/Dates/Assignments:







One: What Is Statistics? Review and Introduction

Two: Describing Data: Frequency Tables, Frequency Distributions, and Graphic Presentation

Three: Describing Data: Numerical Measures



Four: Describing Data: Displaying and Exploring Data

Five: A Survey of Probability Concepts




Six: Discrete Probability Distributions


Seven: Continuous Probability Distributions

Review for midterm test






Eight: Sampling Methods and the Central Limit Theorem

Nine: Estimation and Confidence Intervals

Ten: One-Sample Tests of Hypothesis



Eleven: Two-Sample Tests of Hypothesis

Twelve: Analysis of Variance



Thirteen: Linear Regression and Correlation

***Paper*** describing regression and output variables.


Fourteen: Multiple Regression and Correlation Analysis Fifteen: Chi-Square Applications



FINAL TEST – All Chapters Covered – Comprehensive

30% of Grade

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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty ( or Park University 2010-2011 Undergraduate Catalog Page 92

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. from Park University 2010-2011 Undergraduate Catalog Page 92-93

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, but unexcused absences may carry further penalties.
  3. 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".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. 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.
  6. 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 2010-2011 Undergraduate Catalog Page 95-96

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: .

Additional Information:

The instructor reserves the right to change the syllabus at any time during the course.

Syllabus - Word Format


CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Critical Thinking                                                                                                                                                                                                                                          
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                                                                                                                                                                                                                                    
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                                                                                                                                                                                                                             
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:9/20/2010 8:20:50 PM