DELASALLEUNIVERSITY

COURSESYLLABUS
COLLEGE:RamonV.delRosarioCollegeofBusiness
COURSECODE:DECSCI2(DecisionScience2)
CLASSDAYSANDCLASSTIME:

DEPARTMENT:DSI

ROOM:

COURSEDESCRIPTION:
Thisisathreeunitcoursewhichprovidesbusinessstudentswiththenecessaryskillsindecision
makinganchoredonthescienceofquantification.Thiscoversthejudicioususeofbusinessinformation
fromtheinternalandexternallocioftheorganizationandtoprovidebusinessenthusiastswiththebasisto
make informed business decisions. It includes a wide variety of data analyses based on substantial
informationinlinewiththeeverchanginganddynamicnatureofthebusinessenvironment.Emphasisis
made on the practical applications of quantitative data, tools for data analysis, and methodology for
developinginferences.
Itembracesabroadselectionofinferentialreasoningareasthatwillenhancetheknowledge,skills,
technologyknowhow,andvalueorientationofbusinessstudentsinplanning,controllinganddecision
making. It will also help students in business develop their proficiency and comprehension in using
relevant scientific or empirical information in determining how business decisions are made in real
situationsrespectiveofthequantifiabledata.
LEARNINGOUTCOMES(LO):
Oncompletionofthecourse,thestudentisexpectedtobeabletodothefollowing:
ELGA
Effectivecommunicators

Criticalandcreativethinkers

Technicallyproficientand
competentprofessionalsand
leaders

LEARNINGOUTCOME
Knowandbefamiliarwiththecorrectnomenclatureand
symbolsforparametersandstatistics
Discusstheassumptionsunderthedifferenttesting
methodologies
Explaintheresultsofthestatisticalmethodsemployedto
solveabusinessprobleminanunderstandablemanner
Writeatermpaper(withgroupmembers)thatclear,
concise,andgenerallyfreeofgrammaticaland
typographicalerrors
Recognizeproblemsasapplicationsofthevarioustestsof
hypothesiswhichhavebeendiscussed
Knowthedifferencesbetweenvariousexperimental
designsandwhentousethem.
Applythestatisticalmethodsandtechniquestosmallscale
businessandcorporatemanagementsituations
Analyzeandsolvestatisticalproblemsandinterpret
statisticalresults
Learntousethecalculatorandthecomputeringenerating
statisticalresults
Utilizeparametricandnonparametricstatisticaltools,if
requiredbytheirstudy
Befamiliarwiththeuseofbasicsoftware(MicrosoftExcel
anditsaddinPHSTAT)instatisticalanalysisand
decisionmaking;
Developtheabilitytoobtaincomputergeneratedstatistical
results
Acquiretheskillsinthedeterminationofappropriate
statisticaltreatmentsinvariousexercises
Explainandapplytheconceptsinvolvedintheestimation
ofoneandtwoparameters.
Explainandapplytheprinciplesandconceptsinvolvedin

testingofhypothesisofoneandtwoparameters
1

Servicedriven,ethical,and
sociallyresponsiblecitizens

Explainandapplytheprinciplesandconceptsinvolvedin
chisquaregoodnessoffittestsandtestforindependence
ComputeandinterprettheresultsofAnalysisofVariance.
Constructasimplelinearregressionmodelfromsample
dataandinterprettheslopeandyinterceptoftheequation
Examinethefitoftheregressionlinetodata
Instillthevalueofhonestyinthepresentationofstatistical
dataandevaluationofresults.
Developthevaluesofpatienceandperseveranceinthe
collectionofsampledataandinthetediousprocessof
generatingstatisticalresults
Realizethesignificanceofstatisticsinbusinessdecision
makingofentrepreneursandcorporatemanagersandhow
statisticscancontributetodevelopment
Realizetheimpactofstatisticalresearchonthe
environment,andhence,thenecessityoftruthandvalidity
inonesworkastheresearcherssocialresponsibility;
Understandtheimportanceofundertakingtheresearch
processwithgreatcaresoastoensurethevalidityand
reliabilityofresults

FINALCOURSEOUTPUT:
Asevidenceofattainingtheabovelearningoutcomes,thestudentisrequiredtodoandsubmitthe
followingduringtheindicateddatesoftheterm.
LEARNINGOUTCOME
LO1:
Explaintheconceptsinvolvedinthe
estimationofoneandtwoparameters.
Befamiliarwiththeuseofbasicsoftware
(MicrosoftExcelanditsaddinPHSTAT)
Analyzeandsolvestatisticalproblemsand
interpretstatisticalresults
LO2:
Explaintheprinciplesandconcepts
involvedintestingofhypothesisofoneand
twoparameters
Befamiliarwiththeuseofbasicsoftware
(MicrosoftExcelanditsaddinPHSTAT)
Analyzeandsolvestatisticalproblemsand
interpretstatisticalresults
LO3:
Explainandapplytheprinciplesand
conceptsinvolvedinchisquaregoodness
offittestsandtestforindependence
Computeandinterprettheresultsofone
wayAnalysisofVarianceandthe
CompletelyRandomizedBlockDesign
Befamiliarwiththeuseofbasicsoftware
(MicrosoftExcelanditsaddinPHSTAT)
Analyzeandsolvestatisticalproblemsand
interpretstatisticalresults

REQUIREDOUTPUT
Suggestedgroupwork:A
newspaperarticleorclipping
whereconfidenceintervals
canbeconstructedfromthe
datapresented
HomeworkandComputer
Exercises
CaseStudySolutions
Quiz

DUEDATE
TBA

Suggestedgroupwork:use
businessdatabases(costs,
sales,revenues,etc)
HomeworkandComputer
Exercises
CaseStudySolutions
Quiz

TBA

Suggestedgroupwork:usea
stockmarketdatabaseto
determinewhetherthereis
anydifferenceinComposite
Indexand/orStockVolume
(asdependentvariable)for
differentpartsofthemonth
(independentvariablewith3
th
th
th
levels:10 ,20 ,30 )
HomeworkandComputer
Exercises
CaseStudySolutions
Quiz

TBA

LO4:
Constructasimplelinearregressionmodel
2

Suggestedgroupwork:
Determineifthereisastrong

fromsampledataandinterprettheslopandyintercept
oftheequation
Examinethefitoftheregressionlinetodata

Be familiar with the use ofbasic software (Microsoft

ExcelanditsaddinPHSTAT)
Analyze and solve statistical problems and interpret
statisticalresults

TBA

orweakrelationshipbetweenand
amongbusinessdata
Homework and Computer
Exercises
CaseStudySolutions
Quiz

RUBRICFORASSESSMENTofFINALTERMGROUPPROJECT:
CRITERIA

EXEMPLARY
4
Researchproblemis
clearlydefinedandthe
needforresearchtosolve
theproblemismade
evident.
Allofthestatistical
conceptsareappropriate,
necessaryandsufficient.
Theycompletelyleadto
thesolutionofthe
managementproblem

SATISFACTORY
3
Researchproblemis
justifiedonthebasisof
awellpresented
managementproblem

DEVELOPING
21
Researchproblemor
managementproblem
ordilemmaisvague

Someofthestatistical
conceptsappliedare
appropriateand
necessary.They
partiallyleadtothe
solutionofthe
managementproblem

Thestatistical
conceptsappliedare
inappropriate,
unnecessaryanddo
notleadtothe
solutionofthe
managementproblem

DepthofAnalysis
(30%)

Theanalysisconvincesthe
readeraboutthewisdomof
conclusions,implications
andconsequencesonthe
basisofstatisticalmethods
andfindings

Theanalysisengagesthe
readertoappreciatethe
wisdomofconclusions,
implicationsand
consequencesonthe
basisofstatistical
methodsandfindings

Clarityand
Organizationof
WrittenReport
(20%)

Developsideas
rationally,organizes
themlogicallywith
paragraphsandconnects
themwitheffective
transitions.Clearand
specificintroductionand
conclusion.

Presentationand
Format(10%)

Thewritingis
essentiallyerrorfreein
termsofspellingand
grammar.Itusesthe
properformatand
followstheAPAstyle

Developsunifiedand
coherentideaswithin
paragraphswith
generallyadequate
transitions;clear
overallorganization
relatingmostideas
together,good
introductionand
conclusion
Whiletheremaybe
minorerrors,the
writingfollows
normalconventionsof
spellingandgrammar
throughoutandhas
beencarefully
proofread.Itusesthe
properformatand
followstheAPAstyle

Theanalysishave
limitedideasthatdo
notexplainthe
wisdomof
conclusions,
implicationsand
consequencesonthe
basisofstatistical
methodsandfindings

Formulationof
theResearch
Problem(10%)
Correct
Applicationofthe
Statistical
Concepts(30%)

RATING

Developsand
organizesideasin
paragraphsthatare
notnecessarily
connected.Some
ideasseemillogical
and/orunrelated.

Frequenterrorsin
spellingand
grammardistract
thereader.Itdoes
notusetheproper
formatanddoesnot
followtheAPA
style

TOTAL:

OTHERREQUIREMENTSANDASSESSMENTS:
Quizzes,seatwork,homework,submissionofpapersonstatisticalapplicationsusingcomputersoftware,

finalexamination.
3
GRADINGSYSTEM:
FormativeAssessments(atleast3quizzes)
Creative Assessment
1:
ClassParticipation
assignments,seatwork,computerlabexercises
Creative Assessment2:
GroupProjectResearch
Paper
SummativeAssessment 1:
DepartmentalFinal
Examination
TOTAL

50%
10%
10%
30%
100%

4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.0

96 100
90 95.9
84 89.9
78 83.9
72 77.9
66 71.9
60 65.9
<60

LEARNINGPLAN:
LEARNING
OUTCOME

TOPIC

WEEKNO.

Identifythestepsin
theDevelopmentof
ScientificHypotheses
andFormulate
Decisionsand
Conclusionsbasedon
theestablished
implementing
guidelinesand
standards

I.Implementing
Guidelinesinthe
Formulationof
EvidenceBased
BusinessDecision,
andthe
Constructionof
Scientifically
DrawnConclusion

1.5hours
Week1

Determineandcreate
alternativesfor
decisionmakingin
caseswherethereare
unavailabilityof
certainbusinessdata

II.Making
Meaningofthe
UnknownBusiness
Dataoutofwhatis
Known:The
SingleCase
BusinessData
Analysis

Buildbusiness
decisionsderivedfrom
comparativedata
analysis

III.Appraisingthe
Magnitudeofthe
Differenceand
Determiningits
Substanceand
Significance:The
DoubleCase
BusinessData
Analysis

4.5hours
Weeks23

Formative
Assessment#1

1.5hours
Week4

DecisionsDerived
fromtheDegreeof
Discrepancies:The

12.0hours
Weeks48

DemonstrateConceptual
Understandingand
ComputationalFluency

Examinebusiness
variablessignificantly

LEARNING
ACTIVITIES

Simulationwithargumentation
ontheformulationoflogical
assumptionsand/or
presumptionbasedon
establishedbusinessdataas
empiricalevidences
NullHypothesis
AlternativeorResearchers
Hypothesis
*conditionsandlimitations
basedonbusinessvariables
andsamplemarket
respondents
1
= Ref.:Chapter9

3.0hours
Weeks12

SingleFirmAnalysisofData
derivedfromindividual
companyoperationswith
referencetopreviousand
currentbusinessdata

= Ref.:Chapters910

AnalysisofDataderivedfrom
TwoIndependentBusinesses
AnalysisofDataderivedfrom
BusinessInterventions/Treatment
AnalysisofDataderivedfrom
TwoComparableBusinesses
1
= Ref.:Chapters1011

PenPaperandComputerGeneratedData
Analysis

MultipleComparisonofTwoor
MoreBusinessData:Analysisof
Variance(ANOVA)

affectingor
contributingto
variancesinits

VerticalAnalysis:WithinFirm
Data
HorizontalAnalysis:Between

MultipleCase
BusinessData
Analysis

4
operations,and
identifysignificantly
interactingvariables
leadingtobest
businessresults

ExhibitConceptual
Understandingand
ComputationalFluency

FirmsData
OneFactorAnalysisof
BusinessData
FactorialAnalysisofData
derivedfromBusiness
Experimentationwithand
withoutrepeatedmeasures
1
= Ref.:Chapters1113
Formative
Assessment#2

1.5hours
Week8

BusinessFirmandComputerGenerated
DataAnalysis

Formulatebusiness
decisionsbasedon
establishsignificantly
relatedvariables

Determining
SignificantFactors
bothfromthe
Internaland
External
Environmentsof
theBusiness
Contributingtothe
FirmIndustry
Operations

4.5hours
Weeks910

Constructcustomized
businessmodelsneeded
forestimatingand/or
forecastingbusiness
relatedoperations
respectiveofcertain
conditions(time,market,
amount,degreeof
certainty,etc)

Developing
BusinessModels

7.5hours
Weeks1012

AnalysisofFactorsknowntobe
significantlyrelatedtoor
associatedwitheachotheraffecting
businessoperations
interval/ratiobusinessvariables
categorical/ordinalbusiness
variables
*decisionanalysisonbusiness
demandandsupplyfunctions
*marketequilibriumpoint
*costprofitfunctionsand
breakevenanalysis
1
= Ref.:Chapter14
AnalysisofPredictiveModels
BestFittoparticularbusiness
profileandsituations(scenario
basedmodels)
bivariatebusinessfactor
analysis
multivariatebusinessfactor
analysis
*marginalandinstantaneous
rateofchange
*marginalanalysis
*consumerexpenditure
analysis
*Costminimizationand
revenueprofitmaximization
analysis
1
= Ref.:Chapter1516

ManifestConceptual
Understandingand
ComputationalFluency

Showcaseskillsin
managingand
analyzingresearch
datagearedtowards
formulatingvalidand
reliablebusiness
decisionsbasedon
gathereddataas

Formative
Assessment#3

1.5hours
Week13

BusinessFirmandComputer
GeneratedDataAnalysis

BusinessResearch
andData
Management
Integration

1.5hours
Week13

GroupIndependentBusiness
ResearchPresentation

empiricalevidences
FinalExamination

2.0hours/
Week14

REFERENCES:
1

Williams,T.A.,Sweeney,D.J.,&Anderson,D.R.(2012).ContemporaryBusinessStatistics(4thed.,
Internationaled.).Cincinnati,OH:SouthWestern/CENGAGELearning.
Anderson,D.R.,Sweeney,D.J.,Williams,T.A.(2003).ModernBusinessStatisticswithMicrosoftExcel.
Cincinnati,OH:SouthWestern/ThomsonLearning.
Aczel,A.D.,&Sounderpandian,J.(2002).CompleteBusinessStatistics(5thed.).Boston,MA:McGrawHill/Irwin.
Berenson,M.L.,Levine,D.M.,Krehbiel,T.C.(2006).BasicBusinessStatistics:ConceptsandApplications(10th
ed.).UpperSaddleRiver,NJ:Pearson/PrenticeHall.
Bowerman,B.L.,&OConnell,R.T.(2007).BusinessStatisticsinPractice(4thed.).Boston,MA:McGraw
Hill/Irwin.
Evans,J.R.,&Olson,D.L.(2000).Statistics,DataAnalysis,andDecisionModeling.UpperSaddleRiver,NJ:
PrenticeHall.
Keller,G.,&Warrack,B.(2003).StatisticsforManagementandEconomics(6thed.).PacificGrove,CA:
Thomson/Brooks/Cole.
Knight,K.(2000).MathematicalStatistics.BocaRaton,FL:Chapman&Hall.
Lind,D.A.,Marchal,W.G.,Wathen,S.A.(2005).StatisticalTechniquesinBusiness&Economics(12thed.).
Boston,MA:McGrawHillIrwin.
Mann,P.S.(2007).IntroductoryStatistics(6thed.).Hoboken,NJ:Wiley.
Taylor,S.(2007).BusinessStatisticsforNonmathematicians(2nded.).Basingstoke:PalgraveMacmillan.
ONLINERESOURCES:
BusinessStatisticsBookCompanionSite:http://asw.swlearning.com
CLASSPOLICIES:Thepoliciesstatedinthissyllabusconformtothatofthestudenthandbook.Thefollowing
remindersshouldguidestudentsonclassroompolicies.

1. Attendancewillbechecked.Studentincurringabsencesofmorethan20percentofthetotalnumbercontact
hoursmaybedroppedfromtheclassroll.Thisruleappliesevenifthemajorityoftheabsencesareexcused.
Anymissedquizduetoabsenceortardinessistheresponsibilityofthestudent.Studentswithextracurricular
activitiesdulyofficiatedbytheschoolmaybeexcusedonlyfortheattendance.Theyshouldberesponsiblefor
anymissedquiz/examorclassactivity.

2. Homeworkshouldbeturnedinontime.Latehomeworkisnotaccepted.
3. Professionalismisexpectedofallstudents.
4. Copyingotherpeoplesworkwithorwithouttheirconsentispunishableasperthestudenthandbook .
Students caught plagiarizing other peoples work is considered cheating. Cheating is considered a serious
academicoffense.

5. No makeup work would be given to any missed class activity without a duly authorized excuse
letter/medicalslip.

6. Phonesoffpolicyduringclasses.Phonesoranyothergadgetmustatleastbeputinsilentmode.Theuseof
thesegadgetsmustnotinanywayinterferewithclassroomoranyacademicactivity.

7. Studentscaughtcheatingwillbesenttothedisciplineofficefornecessarydisciplinaryactionandshall
automaticallybegivenagradeof0.0.

8. Studentscannotrequestforspecialprojectsinordertocurvehis/hergrade.Scholarsshouldbeespecially
mindfuloftherequiredgradeneededforscholarshipretention.

9. Peerreviewwillbeusedinthegradingsystem,particularlyonthegrouptermpaper.Thereshallbeno
freeridingtogroupmatesorclassmatestoanygrouprelatedactivity.

10. Papers (termpapers,researchpapersandthelike)requiresources. Forevery1000wordessay,there

shouldbeatleastfiveacademicsources.Thisrequirementshallbestrictlyenforcedsoastotrainstudentsin
academicresearchwriting.Thetopicsforthetermpapershouldbedevelopedearlyonthetermandshould
conformtotheUNPRMEprinciplesanddeclaration,ofwhichDLSUisasignatoryuniversity.Thesecanbe
gleamedthroughhttp://www.unprme.org/the6principles/index.php.Theformatofthepaperwillbeannounced
early on by the lecturer. The term paper aims to elucidate students understanding of the application of
statisticalconceptsdiscussedintheclass.Paperswillbegradedbasedontherubricstatedinthissyllabus.