Statistics as a discipline provides a wide variety of methods to assist in data analysis and decision making. Descriptive statistics focus on the collection, summarization and characterization of set of data,Inferential statistics estimate a characteristic of a set of data.
In general, business managers need to be knowledgeable abouth statistics in order to understand how
properly present and desciribe information
Draw conclusion abouth large populations based only on information obtained from sample
Improve process
Obtain reliable forcasts
Due to distance education, students need to contact their instructors via e-mail.
Teaching Methods and Techniques
Lectures, computer lab, power-point presentations
Principle Sources
Statistics for Business and Economics , Newbold P.,Carlson W., Thorne B., 2006
Business Statistics, Levine, Berenson,2002
Durmuş Dündar, Nazan Çağlar, İstatistik, Der Yayınevi- 2008
Statistics for Business & Economics, Paul Newbold,W.Carlson , 2002
Other Sources
Case studies and lecture notes to be given by the lecturer are among the other resources
Course Schedules
Week
Contents
Learning Methods
1. Week
Why a Manager needs to know about statistics ,Why Data are needed? Sources of data , Types of data
Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2
Applies mathematical, scientific and social knowledge to business problems.
PO-3
Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioural sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4
Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5
Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modelling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develops effective business communication skills (written-verbal/formal-informal).
PO-8
Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9
Acts with a sense of professional and ethical responsibility.
PO-10
Improves effective verbal and written communication skills in Turkish, and acquires competence in minimum one foreign language.
Learning Outcomes
LO-1
Gain application skills of solving business problems
LO-2
Research, practice and determine how to use the field analysis on theoretical and practical knowledge and skills gained in the field of business administration
LO-3
Use of statistical tools in making forward-looking estimates
LO-4
Able to obtain a good statistical knowledge of technical analysis
