

BUS/ST 350
ECONOMICS AND BUSINESS STATISTICS 
Section 002 For Mature, Motivated, Disciplined Students
  0 to Statistics in One High-Velocity Semester  
Student Survival: Top Ten List of What to Know to Pass Introductory Statistics     Makeup Exam Request Form
Ahhhhhhhh, what are you waiting for doc? Get moving!
If you haven't done so yet, take this quiz . It will help your grade.
Flu Policy
If you are ill with symptoms of influenza (i.e. fever over 100, sore throat, cough, stuffy or runny nose, fatigue, headache, body aches, vomiting and diarrhea) please do not come to lectures or labs. Instead, immediately contact your medical provider or Student Health Services (515-7107) for advice or to arrange an appointment.If you are diagnosed with the flu, please inform me immediately via email at reiland@stat.ncsu.edu. You will be required to be isolated away from lectures and labs until at least 24 hours after you are free of fever (100 degrees), or signs of a fever, without the use of fever-reducing medications. You will NOT be penalized for missing lectures or labs when you are sick.
With proper medical documentation of your illness you will be allowed to make up without penalty any missed homework assignments, lecture worksheets, and exams.
COMPLETE COURSE INFORMATION Click here (pdf)
  (NY Times) Surveys find that employers want to hire college graduates - business majors or not - who can write coherently, think creatively, and, like these students (left) at the U. of Virginia, analyze quantitative data. Statistical thinking will one day be as necessary for efficient citizenship as the ability to read and write.H. G. Wells, 1895
In the fields of observation chance favors only those minds which are prepared.Louis Pasteur If a man will begin with certainties he will end with doubts, but if he will be content to begin with doubts he shall end in certainties.Francis Bacon, Advancement of LearningIt's choice - not chance - that determines your destiny.John Dewey If you don't believe in random sampling, the next time you have a blood test tell the doctor to take it all.Anonymous Instructor of StatisticsDon't give up, don't ever give up!  Jim Valvano, Arthur Ashe Courage Award address, March 4, 1993 Statistics myths this course will disprove: Myth1: "If I had one hour left to live, I would live it in statistics class because it would seem to last forever!" A student's lamentMyth 2: "If it moves, it's biology; if it changes color, it's chemistry; if it breaks, it's physics; if it puts you to sleep, it's statistics. Bob Hogg, University of IowaMyth 3: Math class is tough! Barbie's 1992 voice chip by Mattell |
For Inquisitive Students
- Curious about the birthday problem that we demonstrated the first day of class? Go to these sites for explanations and simulations.Explanation and Simulation Simulation
- Curious about the Monty Hall problem discussed in the probability section? Go here to get all the information. The site also has links to other sites that explain and let you play the "Monty Hall Problem".
- More probability: want to find out how truly dismal your chances are in the lottery? Here's an informative, eye-opening (and free!) opportunity.Play the Lottery
Instructor Thomas W. Reiland  Home This course will be a hit....
| - Associate Professor of Statistics and Operations Research
- Department of Statistics
- 5278 SAS Hall
- Box 8203, Raleigh, NC 27695-8203
- tel: (919) 515-1939
- fax: (919) 515-7591
- FedX: 5109 SAS Hall, 2311 Stinson Dr.
- Email: reiland@stat.ncsu.edu
- Office hours Spring 2013: T Th 12:30-1:30, and by appointment.
...and positively impact your future
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Course Description
Preq: MA 114; EC 201 or ARE 201. BUS/ST 350 is not a math course! The central theme of the course is to help you learn to understand the world from data. "Beyond the formula" skills are emphasized. This course will require you to: think critically, be skeptical, think about variation (rather than just about the center), move beyond a "memorize the answer" approach, and think about conditional probabilities and rare events when making inferences from data. Interesting examples to convey the broad applicability of statistical methods will be provided, but the principal emphasis throughout the course will be the logic of scientific inference from experimental data.
Goals
The primary goals of the course are to enable you to:
i) incorporate statistical thinking into your everyday lives;
ii) acquire the necessary data-gathering, data-analysis, and communication/interpretation expertise to meet the challenges of a more demanding cognitive global environment.
Students will learn how data are produced, how they may be displayed and summarized, both numerically and graphically, and to be alert to the existence of and problems created by outliers. Students will grasp the logical and probabilistic reasoning behind statistical inference and learn to apply common statistical methods within this context.
Important Academic Calendar Dates Spring 2013
- 1/11 F Last day to add class w/o written permission of instructor. MyPack Portal CLOSES for ADDS at 11:59 pm (After this day, adds processed in 1000 Harris Hall)
- 1/18 F Last day to drop below 12 hours; last day to drop with a refund; last day to add a course. (NOTE: The tuition and fees charge is based on the official number of hours and courses carried at 11:59 p.m. on this day.)
- 1/21 M Martin Luther King Day; no classes.
- 3/4-8 M-F Spring break
- 3/11 M Last day to withdraw or drop a course w/o a grade at ALL levels. MyPack Portal CLOSES for undergraduate and graduate DROPS at 11:59 pm
- 3/28-29 Th-F Easter break; no classes.
- 4/26 F Classes end
- 4/29-30 M-T Reading Days
- 5/1-9 W-Th Final Examinations

350 and Other COM Courses:
COM Courses That Have BUS/ST 350 as Prerequisite or Corequisite
- ACC 320 Managerial Uses of Cost Data
- ACC 450 Auditing Financial Information
- ACC 521 Production Cost Analysis and Control
- ACC 525 Advanced Management Acc'ting
- BUS 370 Operations Management
- BUS 420 Financial M'gt of Corporations
- BUS 422 Investments and Portfolio M'gt
- BUS 426 International Financial M'gt
- BUS 455 Quantitative Methods for M'gt
- BUS 462 Marketing Research
- BUS 480 Business Policy and Strategy
- BUS 562 Research Methods in Marketing
- BUS 575 Managing for Quality
- EC 451 Intro. to Econometrics
- EC 490 Research Seminar in Econ.
- TAM 416 Apparel Production III
- TT 331 Performance Evaluation of Textile Materials
