11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


umi.fbe.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall/Spring
Prerequisites
None
Course Language
Course Type
Elective
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives
Learning Outcomes The students who succeeded in this course;
  • will be able to describe key elements of decision theory.
  • will be able to apply the riskbased statistical procedures for optimal decision making.
  • will be able to model systems using priory probabilities.
  • will be able to apply Bayes' theorem to real life applications.
  • will be able to analyze decision procedures by using Decision Trees.
Course Description

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Statistical modeling: The need for Statistics “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
2 Statistical modeling: Basic concepts and elements “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
3 Statistical modeling: Inference “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
4 Basic elements of statistical decision theory: “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
5 Expected loss, Decision rules, and Risk “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
6 Decision principles “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
7 Utility and Loss: Utility Theory “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
8 Utility and Loss: The Utility of Money, The loss function “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
9 Prior information and subjective probability “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
10 Prior information and subjective probability “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
11 Bayesian Analysis “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
12 Bayesian Analysis “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
13 Minimax Analysis “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
14 Minimax Analysis “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
15 Applications “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
16 Review of the Semester  
Course Notes/Textbooks “Statistical Decision Theory and Bayesian Analysis” by James O. Berger, Springer.
Suggested Readings/Materials “Applied Statistical Decision Theory” by H. Raiffa and R. Schlaifer.“Statistical Inference” by George Casella and Roger L. Berger.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
1
20
Seminar / Workshop
Oral Exam
Midterm
1
30
Final Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
50
Weighting of End-of-Semester Activities on the Final Grade
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
15
6
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
1
22
Seminar / Workshop
Oral Exam
Midterms
1
25
Final Exams
1
40
    Total
225

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To develop and deepen his/her knowledge on theories of mathematics and statistics and their applications in level of expertise, and to obtain unique definitions which bring innovations to the area, based on master level competencies,

X
2

To have the ability of original, independent and critical thinking in Mathematics and Statistics and to be able to develop theoretical concepts,

X
3

To have the ability of defining and verifying problems in Mathematics and Statistics,

X
4

With an interdisciplinary approach, to be able to apply theoretical and applied methods of mathematics and statistics in analyzing and solving new problems and to be able to discover his/her own potentials with respect to the application,

X
5

In nearly every fields that mathematics and statistics are used, to be able to execute, conclude and report a research, which requires expertise, independently,

X
6

To be able to evaluate and renew his/her abilities and knowledge acquired in the field of Applied Mathematics and Statistics with critical approach, and to be able to analyze, synthesize and evaluate complex thoughts in a critical way,

X
7

To be able to convey his/her analyses and methods in the field of Applied Mathematics and Statistics to the experts in a scientific way,

X
8

To be able to use national and international academic resources (English) efficiently, to update his/her knowledge, to communicate with his/her native and foreign colleagues easily, to follow the literature periodically, to contribute scientific meetings held in his/her own field and other fields systematically as written, oral and visual.

X
9

To be familiar with computer software commonly used in the fields of Applied Mathematics and Statistics and to be able to use at least two of them efficiently,

X
10

To contribute the transformation process of his/her own society into an information society and the sustainability of this process by introducing scientific, technological, social and cultural advances in the fields of Applied Mathematics and Statistics,

X
11

As having rich cultural background and social sensitivity with a global perspective, to be able to evaluate all processes efficiently, to be able to contribute the solutions of social, scientific, cultural and ethical problems and to support the development of these values,

X
12

As being competent in abstract thinking, to be able to connect abstract events to concrete events and to transfer solutions, to analyze results with scientific methods by designing experiment and collecting data and to interpret them,

X
13

To be able to produce strategies, policies and plans about systems and topics in which mathematics and statistics are used and to be able to interpret and develop results,

X
14

To be able to evaluate, argue and analyze prominent persons, events and phenomena, which play an important role in the development and combination of the fields of Mathematics and Statistics, within the perspective of the development of other fields of science,

X
15

In Applied Mathematics and Statistics, to be able to sustain scientific work as an individual or a group, to be effective in all phases of an independent work, to participate decision-making process and to make and execute necessary planning within an effective time schedule.

X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 

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