Statistics I

Course ID:

ECO_121N

Semester:

1st

Year of Study:

1st Year

Category:

Compulsory

For Erasmus Students:

No

Learning Outcomes

By the end of this course the student are expected to:

Understand and apply descriptive statistics. Students learn how to use tables and graphs in order to describe practical situations
Have basic knowledge of elementary probability theory and of random variables.
Understand theory of basic probability distributions and apply it in practical examples.

By the end of this course the student will, furthermore, have developed the following abilities and skills:

Ability to exhibit knowledge and understanding of the essential facts, concepts, theories and applications which are related to introductory statistics and probability theory.
Αbility to adopt and apply methodology for solving problems in the fields of descriptive statistics, probability theory and probability distributions.

Course Contents

Population, sample, sampling methods, variables. Statistical data, tables, figures. Frequencies. Measures of central tendency. Measures of dispersion. Moments, measures of asymmetry and kurtosis. Introduction to probability theory. Density and distribution functions. Distributions for discrete random variables (Binomial, Hyper geometric, Poisson, Geometric). Distributions for continuous random variables. Normal distribution. Parameters of bivariate distributions. Covariance, correlation coefficient.

Teaching Activities

Lectures (4 hours per week) and Tutorials (2 hours per week x 13 weeks)

Teaching Organization

Activity	Work load
Lectures (4 hours per week x 13 weeks)	52 hours (4x13)
Tutorials (2 hours per week x 13 weeks) - solving of representative problems	26 hours (2x13)
Hours for private study of the student	122