Course Objectives: |
The purpose of this course is to equip students with an understanding of descriptive statistics and analytical thinking. Discussions will range from key concepts to useful data resources. Among topics covered are: Data collection, summarizing and presenting techniques, probability theory, discrete and continuous random variables, discrete probability distribution, continuous probability distribution, sampling distributions, inferential statistics, confidence intervals, hypothesis testing and simple correlation. |
Course Content: |
• Population, sample, decision-making in statistics, uncertainty
• Understand the concept of uncertainty and Probability Theory
• Understand the concept of discrete random variables and discrete probability distributions
• Sampling Distributions
• Building confidence intervals
• Understand the concept of Hypothesis testing
• Calculate sample covariance and correlation coefficients and interpret their meanings |
Week |
Subject |
Related Preparation |
1) |
• Population, sample, decision-making in statistics, uncertainty
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none |
2) |
• Mean, median, mode, range |
• Review the Syllabus
Watch the video: Introduction to Statistics
|
3) |
• Variance, standard deviation, histograms, bar and pie-charts |
• Watch the videos: ÖF İstatistik Dersi Ders 1 Ünite 2 |
4) |
• Random experiment, outcomes, events, Probability Theory, permutations, combinations |
Videoları izleyin |
5) |
• Probability rules, bivariate probability, Bayes' theorem |
Watch videos: |
6) |
• Discrete random variables
• Probability distributions for discrete variables
• Expected value
• Joint Distribution
• Binomial Distribution
• Poisson distribution
• Hyper Geometrical Distribution
|
Watch the videos |
7) |
• Continuous random variable
• Probability Distribution
• Expected value
• Joint Distribution
• Normal Distribution
• Empirical Rule
|
watch the videos |
8) |
• sampling of a population
• sampling distribution of the sample mean
• sampling distribution of the sample variance
• sampling distribution of the sample proportion
|
Watch the videos |
9) |
• Confidence interval when Population variance is known
• Confidence interval when Population variance is unknown
• Student's t distribution
• Confidence interval for a Population proportion
|
Watch the videos |
10) |
• Confidence intervals for population mean population known/ population unknown/proportion/variance/difference in means |
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11) |
• Null hypothesis, alternative/research hypothesis, type-1 error, type-2 errors, power of the test
• Hypothesis testing of the population mean when the population variance is known
• Hypothesis testing of the population mean when the population variance is unknown
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12) |
• Hypothesis test of the population proportion
• Hypothesis test of the population variance
• Hypothesis test of the difference of two population mean
• Hypothesis test of the difference between two population proportions
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13) |
• Correlation
• Hypothesis testing
|
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14) |
• Review of the material covered during the entire semester |
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15) |
final sınavı |
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Program Outcomes |
Level of Contribution |
1) |
Explain the essential body of knowledge in the area of business administration, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models |
4 |
2) |
Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions |
5 |
3) |
Recognize the importance of technological development, especially in information technologies, and utilize them in business administration |
4 |
4) |
Evaluate the body of knowledge in the dynamic business world and business functional areas to asses needs, manage and lead change by using critical and innovative thinking |
3 |
5) |
Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures |
2 |
6) |
Fulfill their responsibility in teamwork and projects in businesses, and act as a leader |
1 |
7) |
Communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of business administration |
1 |
8) |
Recognize individual and multi-cultural diversity, and can emphatically interact with individuals from diverse cultural backgrounds in social and professional settings |
1 |
9) |
Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society |
2 |
10) |
Recognize interrelationship among business and other disciplines, and relate knowledge from diverse areas to formulate novel solutions in the area of business administration |
3 |