COURSE INFORMATION
Course Title: STATISTICS I
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BUS 201 A 3 4 0 0 4 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Erjon Gjoçi , 10:00-11:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: 11:45
Course Description: Statistics I: The aim of the courses is that inference making in Business. The objective of the course is to help students to understand theoretical characteristics of statistical methods and develop practical knowledge and skills to analyze the business data.
Course Objectives: This course covers the descriptive and inferential statistics topics. Students will be able to learn about the statistical analysis using averages, standard deviations, percentiles and related to the probability distributions.
COURSE OUTLINE
Week Topics
1 Why statistics is important?
2 Types of data
3 Interpretation of the data
4 means, median, mode
5 Frequency distribution and using graphical analysis
6 variance and standard deviation
7 Review
8 Why probability distribution is important
9 Types of probability distribution
10 Discrete probability distribution
11 Continuous probability distribtuion
12 Normal probability distribution
13 Using statistical tables
14 Review
Prerequisite(s): Basic math skills
Textbook: Essentials of statistics by Anderson and Sweeney
Other References:
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Students will be able to learn about the importance of statistics in the practical life
2 they should be able to know about how calculate averages, variance and standard deviation
3 Students will learn about the measure of dispersion using median mode etc
4 Students will be able to analyse and interpret the data using micro level data
5 They will learn about the probability distribution
6 What are the types of probability distribution and their usage
7 Discrete probability distribution
8 Binomial probability distribution
9 The students will be able to use the concept of normal distribution and its importance in the statistical analysis
10 Review of the statistics course and projects for the next semester
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Economics (3 years) Program
1 Students define the fundamental problems of economics 2
2 Students describe key economic theories 2
3 Students critically discuss current developments in economics 2
4 Students appropriately use software for data analysis 5
5 Students critically contextualize the selection of an economic problem for research within scholarly literature and theory on the topic 4
6 Students apply appropriate analytical methods to address economic problems 5
7 Students use effective communication skills in a variety of academic and professional contexts 4
8 Students effectively contribute to group work 2
9 Students conduct independent research under academic supervision 5
10 Students uphold ethical values in data collection, interpretation, and dissemination 5
11 Students critically engage with interdisciplinary innovations in social sciences 2
12 Student explain how their research has a broader social benefit 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
45
Final Exam
1
50
Attendance
5
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 4 64
Hours for off-the-classroom study (Pre-study, practice) 12 3 36
Mid-terms 1 10 10
Assignments 0
Final examination 1 15 15
Other 0
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5