BANKING AND INSURANCE MANAGEMENT (TURKISH) | |||||
Associate | TR-NQF-HE: Level 5 | QF-EHEA: Short Cycle | EQF-LLL: Level 5 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ECO2062 | Applied Statistics | Spring Fall |
3 | 0 | 3 | 6 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Associate (Short 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 |
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. |
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 |
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 |
Course Notes / Textbooks: | Basic Business Statistics Concepts and Applications Mark L. Brenson, David M. Levine, Timothy C. Krehbiel, Pearson Education Prentice Hal. |
References: | . |
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 |
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 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | To have the ability to understand the basic concepts of Banking and Insurance and to be able to use them effectively in business. | |
2) | To have the ability to work individually or in a team when needed on matters related to his/her profession and to follow and apply the developments in his/her sector. | |
3) | To be equipped with the necessary knowledge to carry out the legal responsibilities and to follow the related regulations in their sector. | |
4) | To understand the importance of banking and insurance from the point of the state’s economy and enterprises and to express this importance properly. | |
5) | To be able to use the computer as well as the profession requires and to be able to do work, accumulate knowledge and to use this knowledge relevantly and effectively. | |
6) | To make them gain the ability to find practical solutions for the problems of daily commercial activities and to take correct decisions. | |
7) | To be able to take responsibilities in banking and insurance sector and more generally in the finance sector and to be qualified to start his/her own business after the legal requirements have been met. | |
8) | To have the competency to carry out the accountancy related to banking and insurance. | |
9) | To have the competency to build effective customer relations and to have effective communication and persuasion skills. | |
10) | To be able to determine the accumulated knowledge druring the education in line with the cause and effect relations and to be able to have the necessary professional qualifications to know where, when and how to use his/her knowledge. |