Business statistics

Course title

Business statistics

Code

F18L1S023

Study programme

Organizer of the study programme (unit, institute, department)

Faculty of Computer Science and Engineering

Degree level (first, second, third cycle)

First cycle

Academic year / semester

2 / Summer

Number of ECTS credits

Teacher

—

Prerequisites for enrolling in the course

—

10.

Course objectives (competences)

Introduction to the basic statistical methods and techniques for representing, analyzing data and making conclusions.

11.

Course content

Introduction, Types of data, data collection, sample, distribution of data frequencies, graphical methods for representing of frequency distributions, research data analysis. Measures of central tendency and data variation. Modeling of uncertainty. Basic elements of probability, conditional probability, independence, Bayes theorem. Random variables, probability distribution, mean and variance. Discrete Distributions: binomial Distribution, Poisson Distribution, geometric Distribution and their applications. Continuous distributions: uniform, exponential and normal distribution, basic properties, standardization and using tables for finding event probabilities. Population and sample. Distribution of sample statistics. Parameters estimation: confidence intervals for mean, variance and proportions. Testing hypotheses. Correlation and linear regression. Non-parametric tests for distribution fitting and independence of categorical variables.

12.

Learning methods

Lectures using presentations, interactive lectures, exercises (using equipment and software packages), teamwork, case studies, guest lecturers, independent preparation and defense of a project assignment and a seminar paper.

13.

Total available time

6 ECTS x 30 hours = 180 hours

14.

Distribution of the available time

45 + 45 + 30 + 10 + 50 = 180 hours

15.

Forms of teaching activities

15.1.	Lectures – theoretical teaching	45 hours
15.2.	Exercises (laboratory, auditory), seminars, team work	45 hours

16.

Other forms of activities

16.1.	Project assignments	10 hours
16.2.	Individual assignments	30 hours
16.3.	Home study	50 hours

17.

Grading

17.1.	Tests	0 points
17.2.	Seminar paper / project (presentation: written and oral)	10 points
17.3.	Activity and participation	0 points
17.4.	Final exam	90 points

18.

Grading criteria (points / grade)

up to 50 points	5 (five) (F)
from 51 to 60 points	6 (six) (E)
from 61 to 70 points	7 (seven) (D)
from 71 to 80 points	8 (eight) (C)
from 81 to 90 points	9 (nine) (B)
from 91 to 100 points	10 (ten) (A)

19.

Requirements for signature and taking the final exam

Activities 15.2 and 16.1 have been completed.

20.

Language of instruction

Macedonian and English

21.

Method of monitoring teaching quality

internal evaluation and survey mechanism

22.

Literature

22.1.	Required literature No. Author Title Publisher Year
22.2.	Additional literature No. Author Title Publisher Year