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, and 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 describe information, draw conclusion abouth large populations based only on information obtained from sample
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
None
Instructor(s)
Assist. Prof. Dr. Burçin Ataseven
Course Assistant(s)
Schedule
Monday 11:00-13:00, Thursday 13:00-15:00 (ONLINE)
Office Hour(s)
Teaching Methods and Techniques
Lectures and problem solving
Principle Sources
- Paul Newbold, Statistics for Business & Economics, Fourth Edition, Prentice Hall
- Özer Sarper, Uygulamalı İstatistik I, Ezgi Kitabevi
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
What is Statistics? What do Statistics, data and variable mean in Business
Lectures
2. Week
How to collect and organize data
Lectures
3. Week
How to describe data - Measures of Central Tendency
Lectures
4. Week
How to describe data - Measures of Dispersion
Lectures
5. Week
Probability and its Postulates, Basic Probability Calculations
Lectures
6. Week
Conditional Probability, Dependent Random Events
Lectures
7. Week
Midterm Exam
Exam
8. Week
Discrete Probability Distributions
Lectures
9. Week
Discrete Probability Distributions
Lectures
10. Week
Continuous Probability Distributions
Lectures
11. Week
Continuous Probability Distributions
Lectures
12. Week
Sampling Theory
Lectures
13. Week
Sampling Methods
Lectures
14. Week
Sampling Distributions
Lectures
15. Week
Final Exam
Exam
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
40
Final Exam
1
60
Program Outcomes
PO-1
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, behavioral 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 modeling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develop 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 English, and acquires competence in a minimum of one foreign language.
PO-11
Acquires basic knowledge about sustainable business understanding, sustainable business functions, and the concept of sustainability.
PO-12
In line with the requirements of the digital age, they gain experience and knowledge to see and analyze the business as a whole, analyze market behavior, sales, and planning, budget management, financing, create a strategy, read competitor strategies, construct scenarios and performance evaluation skills through teamwork on a virtual simulation program.
PO-13
Having both basic computer usage knowledge and advanced Excel usage knowledge required by the business world for writing formulas, data analysis, modeling, and using macros.
PO-14
Acquires knowledge and skills about current information systems and how to use these systems in business problems.
writing formulas, data analysis, modeling, and using macros.
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
