International Trade | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | ISLT182 | ||||||||
Course Name: | Applied Statistics | ||||||||
Course Semester: | Spring | ||||||||
Course Credits: |
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Language of instruction: | TR | ||||||||
Course Requisites: | |||||||||
Does the Course Require Work Experience?: | No | ||||||||
Type of course: | Compulsory | ||||||||
Course Level: |
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Mode of Delivery: | Face to face | ||||||||
Course Coordinator : | Assoc. Prof. OYA KENT BIRIK | ||||||||
Course Lecturer(s): |
Assoc. Prof. AYNUR PALA |
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Course Assistants: |
Course Objectives: | The purpose of this course is to equip students with an understanding of statistical analysis and analytical thinking. Discussions will range from key concepts to useful data analysis. 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: | Measures of central tendency (mean, median, mode, range); measures of dispersion (variance, standard deviation); histogram; diagrams, charts and plots, distinguishing between sample and the population; probability; permutation; combination; probability rules; bivariate probability, joint probability; conditional probability; Bayes’ theorem, discrete and continuous variables and probability distributions (binomial, Poisson, exponential distributions); expected value; sampling and sampling distribution (sampling distribution of the sample mean and sample proportion); point estimation; confidence interval; hypothesis testing (z, student’s t, F and Chi-square distributions); linear correlation; population and sample correlation coefficient. |
The students who have succeeded in this course;
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Week | Subject | Related Preparation |
1) | Sampling, decision making, defining relationships, uncertainty | syllbus |
2) | Summarizing numerical information using concepts explained in the lecture | syllbus |
3) | • Variance | Syllbus |
4) | • Apply probability rules under uncertainty | syllbus |
5) | Apply probability rules under uncertainty | syllbus |
6) | • Identifying discrete random variables and calculating probability distributions | syllbus |
7) | Identifying continuous random variables and calculating probability distributions | syllbus |
8) | Being able to sample | syllbus |
9) | Establishing a confidence interval | syllbus |
10) | Establishing a confidence interval | syllbus |
11) | Being able to test a hypothesis | syllbus |
12) | Being able to test a hypothesis | syllbus |
13) | • Defining bivariate linear relationships | syllbus |
14) | General review covering all topics for the end-of-term exam. | syllbus |
Course Notes / Textbooks: | Statistics for Business and Economics, Eighth Edition Authors: Paul Newbold, William L. Carlson, Betty M. Thorne |
References: | Business Statistics. A Decision - Making Approach, 8th Edition Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith |
Learning Outcomes | 1 |
2 |
3 |
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Program Outcomes | ||||||||
1) explain the essential body of knowledge in the area of international trade, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. | ||||||||
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. | ||||||||
3) integrate the theories of international trade with the real life functions in changing global business world and interpret the major recent developments in the world trading system and also be able to evaluate interaction between economic development and foreign trade. | ||||||||
4) have the vision of international business and trade system, and also have knowledge of the logistics management associated with foreign trade and also explain foreign trade financing products and services that are issue of foreign trade, insurance and risks | ||||||||
5) discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. | ||||||||
6) define the features and property of products and services that are the subjects of foreign trade, quality and standards in national and international level. | ||||||||
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 international trade | ||||||||
8) recognize the major instruments of trade policy such as tariffs, non-tariff barriers, state aids, international agreements, international organizations and institutions, e-trade, and their effects on foreign trade policy. | ||||||||
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 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | explain the essential body of knowledge in the area of international trade, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. | |
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. | 3 |
3) | integrate the theories of international trade with the real life functions in changing global business world and interpret the major recent developments in the world trading system and also be able to evaluate interaction between economic development and foreign trade. | 4 |
4) | have the vision of international business and trade system, and also have knowledge of the logistics management associated with foreign trade and also explain foreign trade financing products and services that are issue of foreign trade, insurance and risks | 3 |
5) | discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. | 5 |
6) | define the features and property of products and services that are the subjects of foreign trade, quality and standards in national and international level. | 5 |
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 international trade | 3 |
8) | recognize the major instruments of trade policy such as tariffs, non-tariff barriers, state aids, international agreements, international organizations and institutions, e-trade, and their effects on foreign trade policy. | 5 |
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 | 5 |
Expression | |
Homework |
Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing) | |
Homework | |
Bilgisayar Destekli Sunum |
Semester Requirements | Number of Activities | Level of Contribution |
Quizzes | 2 | % 20 |
Midterms | 1 | % 30 |
Final | 1 | % 50 |
total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 50 | |
PERCENTAGE OF FINAL WORK | % 50 | |
total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 16 | 63 |
Homework Assignments | 15 | 30 |
Quizzes | 15 | 30 |
Midterms | 15 | 45 |
Final | 15 | 60 |
Total Workload | 228 |