Information Package

Program of Finance and Banking

TBF221

MATHEMATICAL STATISTICS I

Course Code
TBF221
Semester
Third Term (Fall)
Theory+Practice
3 + 0
ECTS
6
Course TypeCompulsory Course
Course LevelBachelor's Degree
Year of Study2
SemesterThird Term (Fall)
ECTS6
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Define populations, samples, variables, data, and data collection methods and effectively use these methods.
  2. Create summary tables for qualitative and quantitative variables and analyze and interpret these tables.
  3. Present visual information for qualitative and quantitative variables using appropriate graphs.
  4. Calculate measures of central tendency and variability for quantitative variables.
  5. Understand probability rules and perform probability calculations.
  6. Carry out probability calculations for discrete and continuous random variables.
  7. Develop analytical thinking skills.
  8. Gain proficiency in using the SPSS program.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course covers fundamental concepts such as variables, frequency distributions, graphs, measures of central tendency and variability, skewness and kurtosis, the basic elements of probability, including random variables, independent events, conditional probability, and Bayes' theorem. The course also addresses topics such as univariate and bivariate distributions, discrete and continuous probability distributions, the law of large numbers, and the central limit theorem.
Course Contents
WEEK TOPICS
1st Week Introduction to statistics and its importance
2nd Week Summarizing data obtained from qualitative and quantitative variables
3rd Week Graphs for data obtained from qualitative and quantitative variables
4th Week Measures of central tendency
5th Week Measures of central tendency, measures of variability
6th Week Measures of variability, outliers, and box plot
7th Week Problem solving
8th Week Midterm exam
9th Week Introduction to probability concepts, permutations, combinations, bivariate probability, conditional probability, Bayes' theorem
10th Week Random variables, discrete probability distributions
11th Week Some discrete probability distributions (uniform, binomial, Poisson)
12th Week Continuous probability distributions
13th Week Normal distribution
14th Week Problem solving
Recommended or Required ReadingGroebner, D. F., Shannon, P. W., Fry, P. C., & Smith, K. D. (2023). Business statistics: A decision-making approach (11th ed.). Pearson.

Cula, S., & Muluk, F. Z. (2010). Temel istatistik yöntemleri (2nd ed.). Başkent Üniversitesi.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Quiz 3 10
Project 1 15
Total(%) 55
Contribution of In-term Studies to Overall Grade(%) 55
Contribution of Final Examination to Overall Grade(%) 45
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz 3 5 15
Individual or group work 14 3 42
Preparation for Final exam 1 40 40
Course hours 14 3 42
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 1 1
Homework
Project 1 20 20
Total Work Load181
Total Work Load / 30 (h)6.03
ECTS Credit of the Course6
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8
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