6 ECTS credits
180 u studietijd

Aanbieding 1 met studiegidsnummer 1021458ANR voor alle studenten in het 2e semester met een inleidend bachelor niveau.

Semester
2e semester
Inschrijving onder examencontract
Niet mogelijk
Beoordelingsvoet
Beoordeling (0 tot 20)
2e zittijd mogelijk
Ja
Onderwijstaal
Engels
Faculteit
Faculteit Sociale Wetensch & SolvayBusinessSchool
Verantwoordelijke vakgroep
Toegepaste economie
Onderwijsteam
Luc Hens (titularis)
Nathalie Colpin
Onderdelen en contacturen
26 contacturen Hoorcollege
26 contacturen Werkcolleges, practica en oefeningen
128 contacturen Zelfstudie en externe werkvormen
Inhoud

This course covers descriptive statistics (the art of summarizing data) and introduces the student to inferential statistics (the art of using sample data to make numerical conjectures about problems involving a population). We learn how to display data in tables and charts (frequency tables, histograms, boxplots, time series plots, …); how to describe the shape of data distributions and summarize their center and spread (mean, median, standard deviation, interquartile range, …); and how to display and summarize and interpret the relationship between two variables (scatter plots, correlation, line of best fit). We then learn about the basic elements of probability needed for statistical inference (probability rules, joint and conditional probability, contingency tables, probability trees,…); about random variables (expected value and standard error; probability models). Finally, we study the sampling distributions of proportions and means and use the Central Limit Theorem to construct confidence intervals for population proportions and population means.

Studiemateriaal
Handboek (Vereist) : Business Statistics, Norean R. Sharpe, Richard De Veaux, and Paul Velleman, 3rd edition, Pearson Education, 9781292058696, 2015
Praktisch cursusmateriaal (Vereist) : Syllabus for Statistics for Business and Economics I, Luc Hens, 2021
Praktisch cursusmateriaal (Vereist) : Formula sheet for Statistics for Business and Economics I, Luc Hens, 2021
Digitaal cursusmateriaal (Vereist) : R: A language and environment for statistical computing, R Development Core Team, R Foundation for Statistical Computing
Praktisch cursusmateriaal (Vereist) : Texas Instruments TI-84 Plus CE-T calculator
Digitaal cursusmateriaal (Vereist) : RStudio Desktop (Open Source Edition), RStudio Team, RStudio
Bijkomende info

Not applicable.

Leerresultaten

General competences

This course aims at providing the student with an understanding of descriptive statistics (displaying and describing data) and inferential statistics (making valid generalizations from sample data). At the end of the course, the student is able to:

  • distinguish between categorical and quantitative data, and display and describe categorical and quantitative data;
  • compute and interpret a coefficient of correlation and the line of best fit;
  • apply the rules of probability;
  • work with random variables and probability models (binomial model, normal model, …);
  • explain the properties of the sampling distribution of a proportion or a mean (and the conditions under which those properties hold);
  • find (if appropriate) a confidence interval for a proportion or a mean using data from a large sample, and interpret the meaning of the confidence interval;
  • explain the limitations of statistical methods;
  • use statistics in an ethical way;
  • use statistical software and a scientific calculator to do statistical computations (enter data, generate descriptive statistics and graphs, compute probabilities of normally distributed random variables; compute confidence intervals);
  • communicate the results of statistical work; more specifically, write up the results of statistical analysis in a report consisting of a non-technical abstract aimed at decision makers, so that they can improve their decisions, and a main section aimed at peers explaining the technical details and exact interpretation of the results. The report is formatted in APA Style.

Beoordelingsinformatie

De beoordeling bestaat uit volgende opdrachtcategorieën:
Examen Schriftelijk bepaalt 100% van het eindcijfer

Binnen de categorie Examen Schriftelijk dient men volgende opdrachten af te werken:

  • Written Exam met een wegingsfactor 100 en aldus 100% van het totale eindcijfer.

Aanvullende info mbt evaluatie

The written examination consists of open questions (which may contain one or more problems similar to those of the textbook), or multiple-choice questions, or both. When grading the multiple-choice questions we correct for random guessing. Students should bring the TI-84 calculator and the laminated formula sheet to the exam.

Toegestane onvoldoende
Kijk in het aanvullend OER van je faculteit na of een toegestane onvoldoende mogelijk is voor dit opleidingsonderdeel.

Academische context

Deze aanbieding maakt deel uit van de volgende studieplannen:
Bachelor of Business Economics: Startplan Business Economics (enkel aangeboden in het Engels)
Bachelor of Business Economics: Business and Technology (enkel aangeboden in het Engels)
Bachelor of Business Economics: International Business (enkel aangeboden in het Engels)
Voorbereidingsprogramma Master of Science in International Business: Standaard traject (enkel aangeboden in het Engels)
Voorbereidingsprogramma Master of Science in Business Engineering: Business and Technology: Standaard traject (enkel aangeboden in het Engels)