Course Description: A study of descriptive statistics, probability, probability distributions, and statistical inference.  This is an introductory course in "data analysis", as applied to business and economics. Because we live in a world of uncertainty, we will use statistics to analyze data in order to 1) describe numerical information, and 2) predict and make decisions.  By the end of the course, you (hopefully) will have the statistical savvy to apply and interpret statistical methods of analysis.

  Grade Determination: Grading is based on a 10-point system and will be calculated as follows:

	You will be assigned homework in a regular basis. Homework is due at the beginning of the next class period. "Participation" includes presenting homework results in class when called upon to do so.  Homework and participation is worth 10% of your grade. You will receive only half the points for homework if it is late (within 24 hours of the due time).  After 24 hours late, you will receive no credit.
	Other practice problems will be assigned on a regular basis.  Solutions to the problems are on the Daily Schedule web page.  You may download them from there or print them out.
	No restrictions on the help you receive in preparation for exams and quizzes.
	All exams are in class and closed book.
	All Institute, Departmental, and Course Work For Grade policies apply.

  Miscellaneous:  Being absent from class is no excuse for not being prepared. Tests should be taken during the scheduled period, and will be short-answer and problems similar to those assigned in class. Learning statistics is much like learning mathematics; you MUST sit down with pencil and paper and work problems, work problems, and work more problems. Simply coming to class and studying notes will not be enough to succeed in this course.

  Important: The test dates are provided in the Tentative Daily Schedule on the Statistics web site. If you have a valid Institute excuse for missing a test, arrangements will be made at the discretion of the professor. If you miss a test voluntarily or without a valid excuse, you will receive a zero for that test.

  Classroom Protocol: Under NO circumstances will chewing tobacco be tolerated!  Everyone is encouraged to stop the professor and ask questions whenever clarification of a topic, further elucidation, or pertinent elaboration is needed.