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Information
| Code | ECMZ205 |
| Name | Statistics I |
| Term | 2023-2024 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HÜSEYİN GÜLER |
| Course Instructor |
Arş.Gör.Dr. Çiğdem KOŞAR TAŞ
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
In this course, it is aimed to bring the fundamental knowledge and skills about analyzing and interpreting data with graphs and descriptive statistics and in addition to that bring knowledge about random variables and some common distributions.
Course Content
The course content covers the importance of data analysis, how to analyze data and how to interpret the results of analysis, basic probability concepts, random variables and their usage in real life, some common discrete (Bernoulli, Binomial, Poisson, etc.) and continuous (normal and standard normal) random variables.
Course Precondition
None
Resources
Statistics for Business and Economics, Eighth Edition by Paul Newbold, William L. Carlson, and Betty Thorne, 2013
Notes
Introductory Statistics for Business and Economics, 4th Edition by Thomas H. Wonnacott, and Ronald J. Wonnacott
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the importance of Statistics in Social Sciences |
| LO02 | Analyzes data using graphical methods |
| LO03 | Describes data using numerical measures |
| LO04 | Interprets results of the analysis |
| LO05 | Describes the definition of probability and its usage in real life |
| LO06 | Describes random variables |
| LO07 | Analyzes random variables |
| LO08 | Defines the difference between discrete and continuous random variables |
| LO09 | Differenciates common discrete and continuous variables |
| LO10 | Explains properties of discrete and contionus distributions |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | 5 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | 1 |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Statistics and some fundamental definitions | Textbook - Chapter 1 | |
| 2 | Frequency distributions and graphs - 1 | Textbook - Chapter 1 | |
| 3 | Frequency distributions and graphs - 2 | Textbook - Chapter 1 | |
| 4 | Central tendency measures (Mean, median and mode) | Textbook - Chapter 2 | |
| 5 | Central tendency measures (Harmonic and geometric mean and comparison of central tendency measures) | Textbook - Chapter 2 | |
| 6 | Central tendency measures (Mean, median, and mode for grouped data) | Textbook - Chapter 2 | |
| 7 | Measures of dispersion (Range, mean absolute deviation, variance and standard deviation, coefficient of variation) | Textbook - Chapter 2 | |
| 8 | Mid-Term Exam | General review for the midterm exam | |
| 9 | Some probability concepts - 1 | Textbook - Chapter 3 | |
| 10 | Some probability concepts - 2 | Textbook - Chapter 3 | |
| 11 | Random variables (Discrete random variables and their expected value and variance) | Textbook - Chapter 4 | |
| 12 | Random variables (Continuous random variables and their expected value and variance) | Textbook - Chapter 4 | |
| 13 | Some common discrete distributions (Bernoulli, Binomial, Geometric) | Textbook - Chapter 4 | |
| 14 | Some common discrete distributions (Poisson, Uniform) | Textbook - Chapter 4 | |
| 15 | Some common continuous distributions (Normal and standard normal, Normal approximation to Binomial distribution, Exponential distribution) | Textbook - Chapter 5 | |
| 16 | Term Exams | General review for the final exam | |
| 17 | Term Exams | General review for the final exam |
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 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||