Kurs Studieplaner Eldre studiehåndbøker
Kun tilgjengelig på engelsk
EBA 2904 Statistics
Course code: EBA 2904
Department: Economics
Credits: 7.5
Course coordinator: Steffen Grønneberg
Course name in Norwegian: Statistics
Product category: Bachelor
Portfolio: Bachelor - Core Courses
Semester: 2020 Spring
Active status: Active
Level of study: Bachelor
Teaching language: English
Course type: One semester
Introduction
This course gives an introduction to statistics. Main themes are descriptive statistics, probability and
hypothesis testing. Formulas and formal procedures play an important role, but the emphasis is on
developing statistical literacy and critical thinking.
Learning outcomes - Knowledge
After compledted course students shall:
Understand the relevance of statistical analysis in economics and marketing
Acuire knowledge of basic concepts and overview of statistics
Understand the difference between a population and a sample
Understand what a random variable and a statistical model is
Understand that statistical methods are based on assumptions that must be checked
Understand what estimation and hypothesis testing is about
Be acquainted with the statistical and mathematical notations used in statistics
Learning outcomes - Skills
After completed course students will be able to:
Discern randomness from real underlying effects
Use statistical software and interpret computer displays from such software
Produce statistical graphics
Compute probabilities and confidence intervals
Conduct the most basic types of hypothesis testing and estimation
Reflect on the role of randomness
General Competence
Students will understand that in many situations a statistical analysis will help making better decisions, but
also be ware that statistical methods can be wrongly applied and lead to false conclusions.
Course content
Probability. Basic definitions. Limits of relative frequencies.
Introduction to Monte Carlo simulation.
Random variables and their distributions. Approximating distributions through Monte Carlo
simulations: Histograms as approximations to densities.
The law of large numbers and the central limit theorem illustrated through Monte Carlo simulations.
Confidence intervals and hypothesis testing in large samples. A brief summary of the t-test under
normality assumptions.
Correlation and simple linear regression.
Assessing the performance of statistical procedures using Monte Carlo simulations.
Teaching and learning activities
There are 48 course hours, some of which will be used for instructions in the computer software Python.
Work requirements
There are 8 mandatory multiple choice tests to be answered in It's Learning.
If a test is not approved in the first try, the student can retry. It is mandatory that the student get approved at
least 5 of these tests in order to take the final exam.
Software tools
Software defined under the section "Teaching and learning activities".
Additional information
.
Qualifications
Higher Education Entrance Qualification.
Required prerequisite knowledge
No particular prerequisites.
Mandatory coursework:
Mandatory coursework: Mandatory
Courseworks given: 8
Courseworks required: 5
Comment coursework: The student must pass 5 of the 8 Work Requirements to be
able to sit for the exam.
Exams:
Exam category: Submission
Form of assessment: Written submission
Weight: 100
Invigilation: Yes
Grouping (size): Individual
Support materials: Bilingual dictionary
Duration: 3 Hour(s)
Comment:
Exam code: EBA 29041
Grading scale: ECTS
Resit: Examination every semester
Type of Assessment: Ordinary examination
Total weight: 100
Student workload
Activity Duration Comment
Teaching 48 Hour(s)
Student's own work with learning resources 149 Hour(s)
Examination 3 Hour(s)
Sum workload: 200
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit
corresponds to a workload of at least 200 hours.
Link til pensum
EBA 2904 Statistics
Pensum
Obligatorisk/Compulsory
Book
Student
Authors/Editors Year Title Edition Publisher
note
Basic Statistics for McGraw-Hill
Lind. Douglas 2018
Business and Economics Education
Semester
2024 Spring
2023 Spring
2022 Spring
2021 Spring
2020 Spring
Oversettelser
English
Norwegian Bokmål