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EC 315 Quantitative Research Methods
Ogilvy, Tom


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

S1F 2011 MY

Faculty

Ogilvy, Tom

Title

Adjunct Faculty

Degrees/Certificates

BS US Military Academy 1971
MS Operations Analysis, Naval Postgraduate Sch 1981

Office Location

Ft Myers

Office Hours

By Appointment

Other Phone

703-425-5596

E-Mail

tom.ogilvy@park.edu

twogilvy@msn.com

Semester Dates

10 Jan – 14 Mar 2011

Class Days

---W---

Class Time

5:00 - 10:00 PM

Prerequisites

MA120, CS140

Credit Hours

3


Textbook:

Lind, Marchal & Wathen, Basic Statistics for Business and Economics w/ Formula Card, 7th Edition, 2011, McGraw-Hill Irwin Publishing.  ISBN  978-0-07-738447-0 

A calculator is required to be in the possession of the student in all classes.  The calculator must support at least addition, subtraction, multiplication, division and square root.  A graphing calculator is not required.  A scientific calculator is recommended.  (usually significantly less than $25). 

 

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

Note that the book has no CD.  Supplementary materials (such as Power Point Slides) are found at the above Site.

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/.

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:
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:
This is an interactive course based on lectures and readings to develop quantitative problem solving skills utilizing statistical techniques.  Students will be evaluated using quizzes, final exam and a term project. 

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:

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

 

Quizzes:                                    350 pts/35%

Final Exam/Core Assessment:   300 pts/30%

Research Project:                     300 pts/30%

Class Participation                     50 pts/5%

 

Quizzes will be unannounced and will mirror classroom presentations and assigned homework. Quizzes will be open book and open notes.  To achieve the maximum grade for class participation, the student should have no unexcused absences, remain alert and attentive, answer questions when asked, ask questions when material is not clear, avoid disruptive behavior, and actively participate in discussions and small groups as appropriate.  Students will complete a research project that will provide important experience in applying the principles discussed in the class and textbook.

Grading:

The follwing scale will be used to assign course letter grades:

 

93 - 100      A

82 - <93      B

65 - <82      C

60 - <65      D

<60              F (or see attendance policy)

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:
Each examination must be taken and completed by the scheduled completion data.  Missed quizzes will not be made up.  The first missed quiz will not be counted in determination of the final grade.  Any subsequent missed quiz will be counted in the final grade with a score of 59.  Any element of the term project turned in after the specified due date will be assigned a maximum grade of C and additional deductions due to grading will move down from there.    The final exam/core assessment (and any other graded instrument) must be completed by 10 PM on the night of the ninth class meeting (9 Mar 2011).  If you can not attend class that night, you must take the exam prior to that date. (coordinate with the instructor as soon as you know there will be a conflict)

Classroom Rules of Conduct:
Class participation is expected.  Students are expected to attend all classes and be on time.  Roll will be checked each class meeting.  Classes missed for legitimate reasons such as illness or temporary duty, are excusable; however, the student must notify the instructor (Prior to the class to be missed if possible) and make up missed work as follows:  Read and be responsible  for assigned readings/course content and work recommended/assigned problems as appropriate. (see late submission of course material section as well)  As previously stated, the Final Examination must be taken in a proctored environment.  If it is impossible to take the exam with the rest of the class during the scheduled class period, it is the student's responsibility to contact the instructor well prior to that date (9 Mar 2011) and arrange to take the exam. 

Course Topic/Dates/Assignments:

Class

Date

Reading/Assignment

Homework

1

12 Jan 11

Review of Basic Statistics (Scan Chap 1-8) as necessary

TBD

2

19 Jan 11

Chap 9 Estimation
Chap 10 One Sample Hypothesis Test

TBD

3

26 Jan 11

Chap 11 Two Sample Hypothesis Test

TBD

4

2 Feb 11

Chap 12 Analysis of Variance

TBD

5

9 Feb 11

Chap 13 Linear Regression and

Correlation

TBD

6

16 Feb 11

Chap 14 Multiple Regression

TBD

7

23 Feb 11

Project In Process Reviews, Course Review

TBD

8

2 Mar 11

Project Reports Due

Oral Presentations

Review

TBD

9

9 Mar 11

Core Assessment/Final Exam

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 (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2010-2011 Undergraduate Catalog Page 92

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. 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: 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:12/6/2010 5:04:43 PM