11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


eco.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Spring
Prerequisites
 MATH 211To attend the classes (To enrol for the course and get a grade other than NA or W)
Course Language
Course Type
Required
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 compute confidence intervals for the mean of one and two populations that are normally distributed when the population variance is known and population variance is unknown.
  • will be able to apply hypotesis tests for the mean of a population or between two populations that are normally distributed when the population variance is known and population variance is unknown.
  • will be able to identify the dependent and the independent variables of the given data and to conclude whether given variables are related or not
  • will be able to apply simple or multiple linear regression analysis
Course Description

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Sampling distributions: distributions of the sample mean and sample proportions Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 6.1-6.2 (244:264)
2 Sampling distributions: distributions of the sample variance. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 6.3-6.4 (265:283)
3 Confidence interval estimation for the mean of a normal distribution when the population variance is known and when it is unknown. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 7.1-7.3 (284:302)
4 Confidence interval estimation for population proportions and population variance. Sample size determination. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 7.4-7.8 (303:327)
5 Confidence interval estimation of the difference between two normal population means: dependent and independent samples. Confidence interval estimation of the difference between two population proportions. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 8.1-8.3 (328:345)
6 Concepts of hypothesis testing. Hypothesis test of the mean of a normal distribution when the population variance is known. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 9.1,9.2 (346:361)
7 Hypothesis test of the mean of a normal distribution when the population variance is unknown. Tests of the population proportion. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 9.3,9.4 (385:398)
8 Hypothesis test of the difference between two normal population means for dependent and independent samples. Tests of the difference between two population proportions. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 10.1-10.3 (385:402)
9 Linear models, Least squares regression technique. Linear Regression model. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 11.1,11.2 (417:426)
10 Least squares coefficient estimators. The explanatory power of a linear Regression equation, Analysis of variance. Coefficient of determination. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 11.3,11.4 (427:437)
11 Hypothesis test and confidence intervals for the population regression slope. Hypothesis test for the population slope using F distribution. Forecast and Prediction intervals. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 11.5,11.6 (438:451)
12 Correlation analysis with hypothesis test for correlation. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 11.7 (452:455)
13 The multiple regression model. Least squares estimation and sample multiple regression. The explanatory power of a multiple regression equation. Adjusted coefficient of determination and coefficient of multiple correlation. Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 12.1,12.2, 12.3 (473:492)
14 Confidence intervals and hypothesis tests for individual regression coefficients. Test on all coefficients of a multiple regression equation using F distribution Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne, 8/e, Prentice Hall: 12.4,12.5 (493:510)
15 Review of the semester
16 Review of the semester
Course Notes/Textbooks Statistics and Business Economics by P. Newbold W. L. Carlson, B. Thorne; 8/e, Prentice Hall . Chapters 6,7,8,9,10,11,12.
Suggested Readings/Materials Essentials of Contemporary Business statistics by T.A. Williams, D.J. Sweeney, D.R. Anderson,2007, Thomson

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
3
6
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
2
60
Final Exam
1
34
Total

Weighting of Semester Activities on the Final Grade
65
Weighting of End-of-Semester Activities on the Final Grade
35
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
2
Field Work
Quizzes / Studio Critiques
3
5
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
2
15
Final Exams
1
20
    Total
143

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theories for an applied subject so that a contribution to solving current economic problems can be made. X
2 To have the experience of writing, using software, and doing presentations in the newspapers, magazines, meetings, panels, and in equivalent virtual platforms (internet), in order to share their accumulated knowledge and problem solving ability acquired during their education.
3 To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently.
4 To have adequate social responsibility and awareness with regards to the needs of the society and to have sufficient experience and qualifications to organize and support the activities to influence the social dynamics in line with the social goals.
5 To be able to integrate the knowledge and training acquired during the university education with personal and work experience and produce a synthesis of knowledge she requires.
6 To have the ability to evaluate his/her advance (post graduate) level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically.
7 To have sufficient practical and theoretical knowledge base in order to define the economic agents and their interaction both in the national and global level, to process economic data and to implement scientific research for development of economic policies.
8 Keeping in mind that economics is a social science, to have the skills to integrate social dynamics into economic process both as an input and an output and to be open to theoretical innovations in this direction.
9 To associate accumulated knowledge acquired during the university education with historical and cultural qualities of the society and to convey it to different groups.
10 To be able to follow knowledge and change in economics and communicate with colleagues in a foreign language.
11 To possess social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.
12 To have advanced level of speaking and writing skills of a second foreign language to support continuation of post graduate professional and individual development

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

 

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