MATH 203 Probability and Statistics for Social Sciences IMEF UniversityDegree Programs Business AdministrationGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Business Administration
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute Faculty of Econ., Admin. and Social Sciences
Course Code MATH 203
Course Title in English Probability and Statistics for Social Sciences I
Course Title in Turkish Sosyal Bilimler için Olasılık ve İstatistik I
Language of Instruction EN
Type of Course Lecture
Level of Course Introductory
Semester Spring
Contact Hours per Week
Lecture: 3 Recitation: 0 Lab: 0 Other: 0
Estimated Student Workload 150 hours per semester
Number of Credits 6 ECTS
Grading Mode Standard Letter Grade
Pre-requisites None
Expected Prior Knowledge Knowledge of introductory level mathematical concepts
Co-requisites None
Registration Restrictions None
Overall Educational Objective To learn the basic concepts of probability and statistics, recognize and distinguish the properties of important distributions and apply probability and statistics concepts in solving real life economic and business problems.
Course Description This is first part of the year-round undergraduate course on probability and statistics for social sciences. Upon successful completion of the course, the participants are expected to be able to understand the idea of statistics and introduces useful methods for the collection, presentation, analysis, and interpretation of data. Some major topics are descriptive statistics, graphical description of data, measures of central tendency, dispersion and shape, probability, discrete and continuous random variables, discrete and continuous probability distributions.
Course Description in Turkish Bu ders ekonomi ve işletme öğrencileri için hazırlanmış olan temel istatistik dersinin ilk kısmıdır. Ders başarı ile tamamlandığında, öğrenci, tanımlayıcı istatistikler, verinin grafiksel tanımı, merkezi eğilim, dağılım ve şekil ölçütleri, kesitli ve sürekli rassal değişkenler, kesitli ve sürekli olasılık dağılımları konularını öğrenmiş olmalı ve öğrencinin bu konularda yorum yapabilme becerisini geliştirmiş olması beklenmektedir.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) Solve real life probability problems using basic concepts of probability (counting, combinatorial methods, conditional probability, and Bayes’ theorem).
2) Recognize and distinguish the properties of important discrete probability distributions and solve real life problems using appropriate distributions. Explain the use of (and solve problems related with) expectation and variances.
3) Recognize and distinguish the properties of important continuous probability distributions and solve real life problems using appropriate distributions. Explain the use of (and solve problems related with) expectation and variance.
4) Understand the properties of joint probability distributions of multivariate random variables including marginal/conditional distribution/expectation.
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability
5) Demonstrates individual and professional ethical behavior and social responsibility
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting
9) Displays computer proficiency to support problem solving and decision-making
10) Demonstrates teamwork, leadership, and entrepreneurial skills
11) Displays learning skills necessary for further study with a high degree of autonomy

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences H
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors S
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects N
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability N
5) Demonstrates individual and professional ethical behavior and social responsibility N
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues N
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions H
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting S
9) Displays computer proficiency to support problem solving and decision-making S
10) Demonstrates teamwork, leadership, and entrepreneurial skills S
11) Displays learning skills necessary for further study with a high degree of autonomy S
Prepared by and Date NAROD ERKOL , December 2023
Course Coordinator NAROD ERKOL
Semester Spring
Name of Instructor Asst. Prof. Dr. NAROD ERKOL

Course Contents

Week Subject
1) Syllabus, Introduction
2) Using graphs to describe data
3) Using graphs to describe data
4) Using numerical measures to describe data
5) Using numerical measures to describe data
6) Probability methods
7) Probability methods
8) Midterm exam
9) Discrete probability distributions
10) Discrete probability distributions
11) Discrete probability distributions
12) Continuous probability distributions
13) Continuous probability distributions
14) Joint, marginal, conditional distributions
15) Final examination period
16) Final examination period
Required/Recommended ReadingsNewbold, P., Carlson, W.L., Thorne, B.M. (2013) Statistics for Business and Economics, ninth edition. Pearson.
Teaching MethodsActive Learning Flipped Learning
Homework and ProjectsPost-class assignments
Laboratory WorkNA
Computer UseNA
Other ActivitiesScheduled and unscheduled quizzes
Assessment Methods
Assessment Tools Count Weight
Attendance 14 % 0
Quiz(zes) 1 % 10
Homework Assignments 1 % 25
Midterm(s) 1 % 25
Final Examination 1 % 40
TOTAL % 100
Course Administration erkoln@mef.edu.tr
02123953670
Course Instructor: Asst. Prof. Narod Erkol (erkoln@mef.edu.tr) Attendance/participation: Students are expected to prepare for the lecture via pre-class assignments, videos and reading materials. Students are responsible to follow the announcements, course materials available on Blackboard system. Formal use of e-mails: Students are expected to use their @mef accounts for email traffic. The instructor is only responsible for the information sent/received through Blackboard system and emails using @mef account. The course instructor assumes that any information sent through email will be received in 24 hours, unless a system problem occurs. Grading and evaluation: Evaluation will be based on the student learning outcomes. It is strongly recommended to complete all the work in a timely fashion. Late submissions will not be accepted. Missing projects: No make up unless a legitimate proof of absence is presented. Missing final exam: Faculty regulations. Academic integrity: All students of MEF University are expected to be honest and comply with academic integrity. Students are expected to do their own work and neither give nor receive unauthorized assistance. Disciplinary action will be taken in case of suspicion. Improper behavior, academic dishonesty and plagiarism: Law on Higher Education Article 54. Important: If the learner cannot collect at least 30 points from the activities other than the final exam, they can not take the final exam and will get an FZ grade.

ECTS Student Workload Estimation

Activity No/Weeks Calculation
No/Weeks per Semester
Course Hours 28 140
Homework Assignments 6 72
Midterm(s) 2 34
Final Examination 2 54
Total Workload 300
Total Workload/25 12.0
ECTS 6