ECO2062 Applied StatisticsBahçeşehir UniversityDegree Programs INTERNATIONAL FINANCEGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
INTERNATIONAL FINANCE
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ECO2062 Applied Statistics Spring 3 0 3 6

Basic information

Language of instruction: English
Type of course: Must Course
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Hybrid
Course Coordinator : Dr. Öğr. Üyesi SERKAN YEŞİLYURT
Course Lecturer(s): Dr. Öğr. Üyesi AYSE ERTUĞRUL BAYKAN
Prof. Dr. İPEK ALTINBAŞAK FARİNA
Recommended Optional Program Components: None
Course Objectives: To apply and interpret the results of a variety of statistical techniques from both descriptive and inferential statistics

Learning Outcomes

The students who have succeeded in this course;
1. The concept of the sampling distribution and to compute probabilities related to the sample mean and the sample proportion

2. To construct and interpret confidence interval estimates for the mean and the proportion

3. The basic principles of hypothesis testing and how to use hypothesis testing to test a mean or proportion


4. How to use hypothesis testing for comparing the difference between the means and proportion of populations


5. How to use one-way and two-way analysis of variance to test for differences among the means of several populations

6. How and when to use the chi-square test for contingency tables and how to use the chi-square test for a variance or standard deviation


7. How to use regression analysis to investigate the relationship between variables.

Course Content

Sampling and Sampling Distributions

Sampling Distribution Properties

Point and Interval Estimates
Confidence Interval for population mean

Confidence Intervals for the
Population Proportion, π
Fundamentals of Hypothesis Testing: One-Sample Tests
Hypothesis Testing for Mean and Proportion
Two-Sample Tests for Mean

Two-Sample Tests for Proportion

One-Way Analysis of Variance

Two-Way Analysis of Variance

Chi-Square Tests and Nonparametric Tests

Introduction to Simple Linear Regression


Weekly Detailed Course Contents

Week Subject Related Preparation
1) Sampling and Sampling Distributions
2) Point and Interval Estimates
3) Sampling Distribution Properties
4) Confidence Interval for population mean
5) Confidence Intervals for the Population Proportion, π
6) Fundamentals of Hypothesis Testing: One-Sample Tests
7) Hypothesis Testing for Mean and Proportion
8) Review
9) Two-Sample Tests for Mean
10) Two-Sample Tests for Proportion
11) Analysis of Variance
12) Chi-Square Tests and Nonparametric Tests
13) Introduction to Simple Linear Regression
14) Review

Sources

Course Notes / Textbooks: Basic Business Statistics Concepts and Applications
Mark L. Brenson, David M. Levine, Timothy C. Krehbiel, Pearson Education Prentice Hal.
References: .

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Homework Assignments 4 % 20
Midterms 1 % 35
Final 1 % 45
Total % 100
PERCENTAGE OF SEMESTER WORK % 55
PERCENTAGE OF FINAL WORK % 45
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 16 3 48
Study Hours Out of Class 14 7 98
Midterms 1 2 2
Final 1 2 2
Total Workload 150

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) To correctly identify the problems and to be able to ask the correct questions 4
2) To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance 4
3) To understand and grasp the full details of theoretical arguments and counter arguments 2
4) To be fully prepared for a graduate study in finance and to have lifelong learning awareness 4
5) To be able to apply theoretical principles of finance to the realities of practical business life 2
6) To develop solutions for managerial problems by understanding the requirements of international financial markets 3
7) To think innovatively and creatively in complex situations 3
8) To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life 3
9) To have the competencies of the digital age and to use the necessary financial applications 4
10) To be able to use at least one foreign language both for communication and academic purposes 3
11) To understand the importance of business ethics and to take decisions by knowing the legal and ethical consequences of their activities in the academic world and business life 3
12) To develop an objective criticism in business and academic life and having a perspective to self-criticize 4