6 ECTS credits
152 h study time
Offer 1 with catalog number 1021458ANR for all students in the 2nd semester at a (A) Bachelor - preliminary level.
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.
Not applicable.
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:
The final grade is composed based on the following categories:
Written Exam determines 90% of the final mark.
Practical Exam determines 10% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
Within the Practical Exam category, the following assignments need to be completed:
A Practical Exam (group paper) and a Written Exam.
The assignment for the group paper is posted on the learning platform. Evaluation is based on contribution to teamwork, the ability to link the economic issues to the course content, writing skills (spelling, grammar, and style), and the ability to respect deadlines. The penalty for late work is 2 points (on a scale from 0 to 20) per workday late. Students who, for a valid and documented reason, cannot participate in the group paper and who report this in writing to the teacher at least two weeks before the due date of the paper, can request an individual assignment.
The exam component "Practical Exam" (group paper) cannot be re-taken in the second exam session. The result for this part of the exam is transferred to the second exam session. Students who are absent for the exam component "Practical Exam (group paper) will get a score of 0 for this component.
The Written Examination usually consists of two parts. In the first part you have to solve one or more problems similar to the ones in the textbook; the second part is a set of multiple-choice questions. When grading the multiple-choice questions we correct for random guessing using the standard setting. During the exam you can use the TI-84 calculator and the laminated formula sheet.
This offer is part of the following study plans:
Bachelor of Business Economics: Startplan Business Economics
Bachelor of Business Economics: Business and Technology
Bachelor of Business Economics: International Business
Preparatory Programme Master of Science in International Business: Default track
Preparatory Programme Master of Science in Business Engineering: Business and Technology: Default track