EC315 Quantitative Research Methods

for U1J 2013

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Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.


EC 315 Quantitative Research Methods


U1J 2013 DN


Simcoe, Robert A.


Adjunct Instructor


M.B.A - Park University
B.A. Managment & Marketing Park University
Project Management Professional (PMP)

Office Location

In Classroom

Office Hours

15 Minutes Prior to Class Starting

Daytime Phone



Web Page

Semester Dates

June 3 - July 28

Class Days


Class Time

5:30 PM - 10:00 PM

Credit Hours




The 8th edition of Lind/Marchal/Wathen:Basic Statistics for Business and Economics, is a step-by-step approach that enhances student performance, accelerates preparedness and improves motivation for the student taking a business statistics course. The main objective of the text is to provide students majoring in all fields of business administration with an introductory survey of the many applications of descriptive and inferential statistics. The relevant approach taken in this text relates to the college students today as they will receive the information that is important to them in this class as well as their future careers. Understanding the concepts, seeing and doing plenty of examples and exercises, and comprehending the application of statistical methods in business and economics are the focus of this book.


Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

You will need a calculator for the class.

I recommend - "Statistical Calculator ( TI-30XA )" - Usually an $8-$15 investment.  
Class instruction will be based on the functions of the TI-30XA; the instructor will be unable to assist with the use of other calculators.  Students using other calculators will be expected to follow class instruction and perform the same formulas as those using the TI-30XA.  

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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:

The purpose of this course is to provide students with the quantitative skills that are necessary for doing applied work.   In order to accomplish that goal, the teacher must facilitate learning and the student must learn the required materials.  This requires feedback from the student to the teacher.  This feedback occurs in written work and classroom discussion.   

The class is structured around lecture, with classroom time for lab instruction and statistical analysis.

The homework is intended to assess what students know and what they are uncertain about. Homework is graded liberally and based on effort while the examinations and papers are graded on achievement. 

Students should visit the eClassroom weekly for class notes and assingment answer keys. Students are expected to have the notes printed prior to the class start time and be prepared for the lecture to start promptly at 5:30pm.

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:
Exams, Reports, Presentations and Class Evaluations/Class Assignments


  • 100 : Mid Term Test  - 20% ( 100 points In Class Closed Book)
  •   50 : Mid Term Assignments 10% ( Up to 4 Assignments ) - Theses assignments are due on the date posted with no exceptions. Failure to turn in these assignments may incur loss of assignment points.    

    Some Mid Term Assignments may require placing the answers in a dropbox.  The assigments will have a specific date posted and time posted.  The dropbox will date and time stamp the deliverable. Once the dropbox closes and or the due date passes points may be deducted for the missed assignment.   

  • 100: Final Assignment ( Research Project/Paper)- 20%

    A hard copy of the research assignment will be turned in, and a copy will be placed in the classroom dropbox...failure to send a copy to the dropbox will reduce the project score by 50%.     

  • 150 : Final Test - 30% - (In Class Closed Book)
  •   25: Term Project/Paper Proposal ( Week 3 [5 points]/Week 4 [20 points]) -5% - Failure to turn in the proposals on the nights assigned and not following the format discussed in class will result in reduced points.
  •   50:  Presentation ( Using MSPower Point ) of Project 10%...Not using Power Point will result in reduced points.  

    A hard copy of the presentation will be turned in the night of the presentation.  Presentation are scheduled for the 7th night of class.  

  • 25: In class / Homework Assignments - 5%
  • Total points for the class: 500
    • Grading:90% and above is an A
    • 80% and above is a B
    • 70% and above is a C
    • 60% and above is a D
    • Below 60% is an 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 are due at the start of class, one week after it is assigned.  The solutions will be posted to the online classroom for review and self learning.
     A student that misses an examination is allowed to make up the examination.  The make up examinations will be a different set of questions than that of the in class examinations and will be taken at the Testing Center at the home campus.

    Students are expected to complete the make up exam with in a time frame coordinated and agreed to by the instructor.

    Classroom Rules of Conduct:

    We are in a professional academic environment and I would expect everyone to act in a well behaved adult manner.  
    Use of computers in the classroom will be limited to time prior to class lecture starting, after class lecture ends, and, or, at times during the lecture based on instrutor direction.     
    Drinks must be in a bottle or container with a lid.
    No eating in the classroom at anytime. Eating should happen prior to class, on breaks outside of class and or after class ends outside of the classroom.
    Cell phones need to be on vibrate.

    Course Topic/Dates/Assignments:

    06/04/13 - Intro to Statistics - 1-2
    06/11/13 - Intro to Statistics - 3-4
    06/18/13 - Normal Distribution / Probability - 5-7
    06/25/13 - Hypothesis Testing / Mid Term Test  / (Proposal Due) 
    07/02/13 - Hypothesis Testing / Scatter Plot/ Regression- 8-11 - Using Computers
    07/09/13 - Hypothesis Testing / Regression 12-15 (Durbin Watson ) - Using Computers
    07/16/13 - Presentations
    07/23/13 - Final & ( Report Due )

    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 2012-2013 Undergraduate Catalog Page 97

    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 2012-2013 Undergraduate Catalog Page 95

    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 2012-2013 Undergraduate Catalog Page 98

    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: .


    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:5/2/2013 1:34:48 PM