ISLZ203 Business Statistics I

5 ECTS - 3-0 Duration (T+A)- 3. Semester- 3 National Credit

Information

Unit FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
BUSINESS ADMINISTRATION PR.
Code ISLZ203
Name Business Statistics I
Term 2020-2021 Academic Year
Semester 3. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Label C Compulsory
Mode of study Uzaktan Öğretim
Catalog Information Coordinator Prof. Dr. ERKUT DÜZAKIN
Course Instructor Prof. Dr. ERKUT DÜZAKIN (Güz) (A Group) (Ins. in Charge)
Prof. Dr. ERKUT DÜZAKIN (Güz) (B Group) (Ins. in Charge)


Course Goal / Objective

The objective of this course is to equip students with basic knowledge of probability, statistical concepts and tools to make realistic decisions in their professional life.

Course Content

Probability theory, random variables, probability distributions, statistical series, descriptive statistics.

Course Precondition

Resources

Notes



Course Learning Outcomes

Order Course Learning Outcomes
LO01 Define basic statistical concepts.
LO02 Define basic properties of probability density and cumulative distribution functions of random variables.
LO03 Determine appropriate probability distributions for the random events experienced in business management today and calculate the probabilities of such events.
LO04 Construct and interpret statistical series, ferquency tables and charts from a given set of data Calculate and interpret descriptive statistics from a given set of data.
LO05 Explains how to interpret the results of the theoretical models used in business administration, and the results of the creation / application of numerical and statistical methods.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - List and define the concepts of business management, and explain their relations to each other 2
PLO02 - List and define the fundamental conceptual models, numerical and statistical techniques of business administartion and identify their advantages and disadvantages. 4
PLO03 - List and define the relationship between the basic concepts of economy and business management ; indicate the strong and weak sides of each method. 4
PLO04 - Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. 3
PLO05 - Explain how to interpret the results gathered through the application and/or implementation of conceptual models and/or numerical and statistical methods of business management. 4
PLO06 - Determine appropriate methods to solve business problems 4
PLO07 - Evaluate the results that are obtained from applications of business management methods 3
PLO08 - Use the basic numerical and statistical softwares 3
PLO09 - Use the basic enterprise resource planning (ERP) softwares 3
PLO10 - Take initiative individually or/and as a member of a team, lead and work effectively 3
PLO11 - As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. 4
PLO12 - Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning 3
PLO13 - Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field. 4
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements in academic and business context 4
PLO15 - Perceive and interpret the feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral format 4
PLO16 - Question traditional approaches, methods and implementations; develop and implement alternative methods when required 3
PLO17 - Recognize and apply social, scientific and professional ethical values. 1
PLO18 - Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives 2
PLO19 - Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affects the activities of businesses and interpret their impact on businesses 1


Week Plan

Week Topic Preparation Methods
1 Introduction to statistics Reading the given materials
2 Basic probability concepts and random event Reading the given materials
3 Probability assessment methods Reading the given materials
4 Discrete and continuous random variables Reading the given materials
5 Probability density and cumulative distribution functions Reading the given materials
6 Expected value Reading the given materials
7 Variance Reading the given materials
8 Mid-Term Exam Preparation for Exam
9 Basic properties of probability distributions Reading the given materials
10 Some discrete probability distributions Reading the given materials
11 Some continuous probability distributions Reading the given materials
12 Statistical series Reading the given materials
13 Frequency tables and charts Reading the given materials
14 Descriptive statistics: Measures of central tendency Reading the given materials
15 Descriptive statistics: Measures of variability Reading the given materials
16 Term Exams Preparation for Exam
17 Term Exams Preparation for Exam


Assessment (Exam) Methods and Criteria

Assessment Type Midterm / Year Impact End of Term / End of Year Impact
1. Midterm Exam 100 40
General Assessment
Midterm / Year Total 100 40
1. Final Exam - 60
Grand Total - 100


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 3 42
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 12 12
Final Exam 1 18 18
Total Workload (Hour) 114
Total Workload / 25 (h) 4,56
ECTS 5 ECTS

Update Time: 05.05.2025 09:24