Level/category

General studies

Teaching language

English

Type of course

Compulsory

Recommended year of study

2

Total number of ECTS

5 cr

Competency aims

To enable the students to do a basic statistical analysis of numerical data.

Learning outcomes

The course emphasizes on basic working knowledge and skills, and on necessary tools (including software-aided) needed to interpret and analyze various types of data pertinent to business, management, and finance decision-making.

Course contents

- Describing, Displaying, and Summarizing Data - Measuring Uncertainty - Probability, Distribution - Random Variables - Continuous Numerical Outcomes - Populations and Samples - Forecasting

Prerequisites and co-requisites

Basics of Mathematics (Pre-Calculus)

Previous course names

Business Statistics

Additional information

Will be given during the first lecture

Recommended or required reading

Swift Louise: Mathematics and Statistics for Business, Management and Finance. Macmillan Press, 1997. ISBN 0-333-62557-9 The Economist: Guide to Business Numeracy. John Wiley & Sons, Inc. (newest edition). ISBN 0-471-30554-5

Study activities

  • Lectures - 80 hours
  • Exercise based learning - 38 hours
  • Project work and productions - 10 hours
  • - 4 hours

Workload

  • Total workload of the course: 132 hours
  • Of which autonomous studies: 14 hours
  • Of which scheduled studies: 118 hours

Mode of Delivery

Participation in tuition

Assessment methods

Exams

Examiner

Durbo Badal

Home page of the course

http://www.sit.fi/~badal

Group size

No limit

Assignments valid until

Until date 2010-12-31

Assessment methods

Date of examination will be announced later - Exams

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