FACULTY OF ARTS AND SCIENCES

Department of Mathematics

MATH 280 | Course Introduction and Application Information

Course Name
Introduction to Probability and Statistics
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
MATH 280
Fall/Spring
2
2
3
6

Prerequisites
  MATH 102 To get a grade of at least FD
Course Language
English
Course Type
Service Course
Course Level
First Cycle
Mode of Delivery face to face
Teaching Methods and Techniques of the Course Lecture / Presentation
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives To provide the fundamental concepts of Probability and Statistics with applications of business and economic problems. Fundamental statistical methods and applications are presented especially for students who want to specialize in areas where data analysis and results need to be interpreted.
Learning Outcomes The students who succeeded in this course;
  • create graphs for categorical and numerical data.
  • investigate measures of central tendency and variation.
  • solve various probability problems by applying fundamentals of probability.
  • use special discrete probability distributions or continuous probability distributions in different environments.
  • calculate the confidence interval for the average of one and two main masses with normal distribution in cases where the main mass variant is known and unknown.
  • use confidence intervals.
  • apply hypothesis test for one and two populations that are normally distributed.
Course Description This course investigate probability, discrete and continuous probability distributions. Also, provides constructing the sampling distributions, confidence interval estimation and Hypothesis tests of one and two populations.

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Describing data: graphical Newbold P., Carlson W.L., Thorne B., “Describing data: graphical”, chap 1 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 25-62.
2 Describing data: numerical Newbold P., Carlson W.L., Thorne B., “Describing data: numerical”, chap 2 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 63-96.
3 Probability Newbold P., Carlson W.L., Thorne B., “Probability”, chap 3 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 97-149.
4 Probability Newbold P., Carlson W.L., Thorne B., “Probability”, chap 3 in Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 97-149.
5 Probability Newbold P., Carlson W.L., Thorne B., “Probability”, chap 3 in Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 97-149.
6 Discrete Random Variable, Bernoulli and Binomial Probability Distributions, Jointly Distributed Discrete Random Variables Newbold P., Carlson W.L., Thorne B., “Discrete random variables and Probability Distributions”, chap 4 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 150-200.
7 Continuous Random Variable, Normal Distribution, Jointly Distributed Continuous Random Variables Newbold P., Carlson W.L., Thorne B., “Continuous random variables and Probability Distributions”, chap 5 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 201-247.
8 Sampling, Sampling Distribution of Sample Mean and Sampling Distribution of Sample Proportion Newbold P., Carlson W.L., Thorne B., “Sampling and sampling distributions”, chap 6 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 248-287.
9 Midterm
10 Estimation: Confidence Interval for Single Population Mean, Confidence Interval for Single Population Proportion and Determining Sample Size Newbold P., Carlson W.L., Thorne B., “Estimation: single population”, chap 7 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 288-331.
11 Estimation: Confidence Interval for Two Population Means, Confidence Interval for Two Population Proportions Newbold P., Carlson W.L., Thorne B., “Estimation: additional topics”, chap 8 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 332-349.
12 Hypothesis Testing: Single Population Mean and Single Population Proportion Newbold P., Carlson W.L., Thorne B., “Hypothesis testing: single polulation”, chap 9 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 350-388.
13 Hypothesis Testing: Two Population Means and Two Population Proportions Newbold P., Carlson W.L., Thorne B., “Hypothesis testing: additional topics”, chap 10 Statistics for Business and Economics, 10th edition (United States of America: Pearson, 2022), 389-420.
14 Semester Review
15 Semester Review
16 Final exam

 

Course Notes/Textbooks

Newbold P., Carlson W.L., Thorne B., Statistics for Business and Economics, 10th edition (Pearson, 2022), 

ISBN-13:978-1292436845

 
 
Suggested Readings/Materials

Lind D., Marchal S., Statistical Techniques in Business & Economics, 17th edition (McGraw-Hill, 2017),

ISBN-13: 978-1259666360

 
 

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
2
20
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm
1
30
Final Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
3
50
Weighting of End-of-Semester Activities on the Final Grade
1
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
2
32
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
2
32
Study Hours Out of Class
14
2
28
Field Work
0
Quizzes / Studio Critiques
2
10
20
Portfolio
0
Homework / Assignments
0
Presentation / Jury
0
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
1
28
28
Final Exam
1
40
40
    Total
180

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

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

To be able to have a grasp of basic mathematics, applied mathematics or theories and applications of statistics.

X
2

To be able to use advanced theoretical and applied knowledge, interpret and evaluate data, define and analyze problems, develop solutions based on research and proofs by using acquired advanced knowledge and skills within the fields of mathematics or statistics.

X
3

To be able to apply mathematics or statistics in real life phenomena with interdisciplinary approach and discover their potentials.

X
4

To be able to evaluate the knowledge and skills acquired at an advanced level in the field with a critical approach and develop positive attitude towards lifelong learning.

X
5

To be able to share the ideas and solution proposals to problems on issues in the field with professionals, non-professionals.

6

To be able to take responsibility both as a team member or individual in order to solve unexpected complex problems faced within the implementations in the field, planning and managing activities towards the development of subordinates in the framework of a project.

7

To be able to use informatics and communication technologies with at least a minimum level of European Computer Driving License Advanced Level software knowledge.

8

To be able to act in accordance with social, scientific, cultural and ethical values on the stages of gathering, implementation and release of the results of data related to the field.

9

To be able to possess sufficient consciousness about the issues of universality of social rights, social justice, quality, cultural values and also environmental protection, worker's health and security.

10

To be able to connect concrete events and transfer solutions, collect data, analyze and interpret results using scientific methods and having a way of abstract thinking.

11

To be able to collect data in the areas of Mathematics or Statistics and communicate with colleagues in a foreign language.

12

To be able to speak a second foreign language at a medium level of fluency efficiently.

13

To be able to relate the knowledge accumulated throughout the human history to their field of expertise.

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

 


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