SYLLABUS-FALL 2024

STAT-UB 3 REGRESSION AND FORECASTING MODELS

Lectures: Monday and Wednesday, 2:00-3:15 pm

Classroom: Tisch Hall, room 201.

Instructor: Prof. Frydman

Office: KMEC 8-55
Office hours: Tuesday 1-2 pm in person and by appointment
E-mail: hf2@stern.nyu.edu

Teaching Fellow: Yumeng (Davi) Guo

E-mail: yg2619@stern.nyu.edu
Office hours: Tuesday 5-6 pm

Course Prerequisite: A 4-credit statistics core class.

There will be two identical Minitab sessions with Davi. The first session via Zoom will be
on Sept 6 (Friday), 3:30-4:30, and the second will be in person on Sept 10 (Tuesday), 5-6
in room M2-100.
There will be no class on Oct 14. Instead, the class will meet on Oct 15.

Objective of the course

The objective of the course is for you to learn about linear regression, which is a useful and
powerful technique for modeling the relationships between variables. The multiple linear
regression technique is widely used in business and other fields. Both simple and multiple linear
regression methods will be illustrated with real data examples.
Course Organization
You will be responsible for the material contained in course lecture notes and homework
assignments. The textbook should be considered as an additional reading for this material. The
use of Generative AI in the course will be discussed in class.

Course Materials

1. Lecture notes for each topic will be posted on Brightspace. The relevant data files from the
textbook and from other sources will be also posted on Brightspace.

2. Review Material covers several topics from STAT-UB 1 or a similar first statistics course,
that you need to know to be able to follow the course. It is posted on Brightspace. You
should go over this by yourself and ask me or Davi about a topic or statement that you do
not understand.

3. Textbook: Statistics for Business and Economics by McClave, Benson, and Sincich
(MBS) 14th edition will be delivered to you digitally. You will receive an email
from "BryteWave" with the instructions for accessing the material. The cost of the book is
$41.25, which will be added as a “book charge” to your bursar bill.
If you choose to find your course materials elsewhere, you must login here to the student
portal and opt out of the program by September 18th. If you do not opt out by this date,
you will be charged.

4. Software for the course is Minitab 21 You can access it via http://apps.stern.nyu.edu. In
addition, students will have a chance, if they choose so, to use statistics software R for
solving data-oriented homework problems. R is an open source, free software which can
also be accessed via http://apps.stern.nyu.edu.

Class Participation and Attendance

Attendance is required. Participation is an essential part of learning in the course. I may call
on you and I expect you to ask questions. There are no “stupid” questions; there are only
“stupid” answers so ask questions! If you show that you are actively and consistently
involved in the classroom, I may boost your final grade by up to one point, for example from
B to B+.
Classroom norms
The use of tablets and electronic devices that are laid flat on the desk is permitted only for taking
class notes. However, students should make every effort to avoid distracting their classmates or
disrupting the class by using electronic devices.

Grading Policy
Your grade will be based on the following components and on class participation.
Midterm 30% October 7
Assignments 30%
Final 40% October 23

Grading Information for Stern Core Courses

To ensure fairness and clarity of grading, the Stern Faculty have adopted a grading guideline
for core courses with enrollments of more than 25 students according to which
approximately 35% of students will receive an A or A- grade.

Midterm
If you have a potential conflict with taking the midterm, you must discuss the matter with the
instructor during the first week of classes. If you miss the midterm, you will not be given an
opportunity to make it up except in cases of documented illness or documented personal
emergency.

Homework
The assignments must be completed on time and submitted via Brightspace. The assignments are
due before the start of the class on the day specified. Late assignments will not be accepted
unless due to serious illness, family emergency or religious holiday. In such exceptional
situations send an email to Davi. Students are expected to come to class prepared having
read assigned readings prior to class.

Regrading
If you find what you believe to be a grading error on an assignment or exam, you must bring the
matter to the attention of an instructor (in case of an exam) and TF (in case of an assignment) no
later than 7 days after the assignment or exam was handed back. Requests for grade changes
after 7 days will not be considered.

STUDENT ACCESSIBILITY
If you will require academic accommodation of any kind during this course, you must notify me
at the beginning of the course and provide a letter from the Moses Center for Student
Accessibility (212-998-4980, mosescsa@nyu.edu) verifying your registration and outlining the
accommodations they recommend. If you will need to take an exam at the Moses Center, you
must submit a completed Exam Accommodations Form to them at least one week prior to the
scheduled exam time to be guaranteed accommodation. For more information, visit the CSA
website: https://www.nyu.edu/students/communities-and-groups/student-accessibility.html

STUDENT WELLNESS
Our aim is for students to be as successful academically as they can, and to help them overcome
any impediments to that. Bookmark the NYU Stern Well-being Resource Hub
(https://www.stern.nyu.edu/wellbeing) for existing services at NYU and Stern covering a wide
variety of topics including financial well-being, relationship well-being, mental well-being, and
more. Any student who may be struggling and believes this may affect their performance in this
course is urged to contact the Moses Center for Student Accessibility (see also the Student
Accessibility section of this syllabus) at 212-998-4980 to discuss academic accommodations. If
mental health assistance is needed, call the NYU’s 24/7 Wellness Exchange hotline 212-443-
9999. Furthermore, please approach me if you feel comfortable doing so. This will enable me to
provide relevant resources or referrals. There are also drop- in hours and appointments. Find out
more at http://www.nyu.edu/students/health-and-wellness/counseling-services.html

ACADEMIC INTEGRITY
Our undergraduate Academics Pillar states that we take pride in our well-rounded education
and approach our academics with honesty and integrity. Indeed, integrity is critical to all that
we do here at NYU Stern. As members of our community, all students agree to abide by the
NYU Academic Integrity Policies as well as the NYU Stern Student Code of Conduct, which
includes a commitment to:

• Exercise integrity in all aspects of one's academic work including, but not limited to, the
preparation and completion of exams, papers and all other course requirements by not
engaging in any method or means that provides an unfair advantage.
• Clearly acknowledge the work and efforts of others when submitting written work as
one’s own. Ideas, data, direct quotations (which should be designated with quotation
marks), paraphrasing, creative expression, or any other incorporation of the work of
others should be fully referenced.
• Refrain from behaving in ways that knowingly support, assist, or in any way attempt to
enable another person to engage in any violation of the Code of Conduct. Our support
also includes reporting any observed violations of this Code of Conduct or other School
and University policies that are deemed to adversely affect the NYU Stern community.

The Stern Code of Conduct and Judiciary Process applies to all students enrolled in Stern courses
and can be found here: https://www.stern.nyu.edu/uc/codeofconduct.

GENERAL CONDUCT & BEHAVIOR

Students are also expected to maintain and abide by the highest standards of professional conduct
and behavior. Please familiarize yourself with Stern's Policy in Regard to In-Class Behavior &
Expectations (http://www.stern.nyu.edu/portal-partners/current-
students/undergraduate/resources-policies/academic-policies/index.htm) and the NYU Student
Conduct Policy (https://www.nyu.edu/about/policies-guidelines-compliance/policies-and-
guidelines/university-student-conduct-policy.html

NAME PRONUNCIATION AND PRONOUNS

NYU Stern students now can include their pronouns and name pronunciation in Albert. I
encourage you to share your name pronunciation and preferred pronouns this way. Please utilize
this link for additional information: Pronouns & Name Pronunciation

RELIGIOUS OBSERVANCES AND OTHER ABSENCES

NYU’s Calendar Policy on Religious Holidays states that members of any religious group may,
without penalty, absent themselves from classes when required in compliance with their religious
obligations. You must notify me in advance of religious holidays or observances that might
coincide with exams, assignments, or class times to schedule mutually acceptable alternatives.
Students may also contact religiousaccommodations@nyu.edu for assistance.