PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
EKNM 407	STATISTICAL DECISION THEORY	3 + 0	5th Semester	5

COURSE DESCRIPTION

Course Level	Bachelor's Degree
Course Type	Elective
Course Objective	This course aims to teach how to use statistics in decision making.
Course Content	Bayes Theory, Prior and posterior Distributions, Determination of Prior Distribution, Determination of likelihood, conjegute prior distributions, Certainty, uncertainty; tables of pay and loss, Probalistic and unprobabilistic Criteria in decision making under uncertainty, Utility, Determination of utiliry function, decisions before posteriror, Expectation value of complete and sample information, Linear pay function
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	To be able to use statistics in decision making
2	To be able to think analytically

COURSE'S CONTRIBUTION TO PROGRAM

	PO 01	PO 02	PO 03	PO 04	PO 05	PO 06	PO 07	PO 08	PO 09	PO 10	PO 11	PO 12
LO 001	5	5	5	5	5	5	5	5	5	5	5	5
LO 002	5	5	5	5	5	5	5	5	5	5	5	5
Sub Total	10	10	10	10	10	10	10	10	10	10	10	10
Contribution	5	5	5	5	5	5	5	5	5	5	5	5

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	3	42
Hours for off-the-classroom study (Pre-study, practice)	14	3	42
Mid-terms	1	23	23
Final examination	1	23	23
Total Work Load ECTS Credit of the Course			130 5

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2020-2021 Fall	1	ANDIM OBEN BALCE

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
EKNM 407	STATISTICAL DECISION THEORY	3 + 0	1	Turkish	2020-2021 Fall

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Asts. Prof. Dr. ANDIM OBEN BALCE	abalce@pau.edu.tr		İİBF C0104	%80

Goals		This course aims to teach how to use statistics in decision making.
Content		Bayes Theory, Prior and posterior Distributions, Determination of Prior Distribution, Determination of likelihood, conjegute prior distributions, Certainty, uncertainty; tables of pay and loss, Probalistic and unprobabilistic Criteria in decision making under uncertainty, Utility, Determination of utiliry function, decisions before posteriror, Expectation value of complete and sample information, Linear pay function

Topics

Weeks	Topics
1	Basic Definitions
2	Bayes Therom for Discrete Random Variable
3	Bayes Therom for Discrete Random Variable
4	Bayes Therom for Discrete Random Variable
5	Bayes Therom for Discrete Random Variable
6	Bayes Therom for Continuos Random Variable
7	Bayes Therom for Continuos Random Variable
8	Bayes Therom for Continuos Random Variable
9	Bayes Therom for Continuos Random Variable
10	Decision Theory
11	Decision Theory
12	Decision Theory
13	Decision Theory
14	Decision Theory

Materials

Materials are not specified.

Resources

Resources	Resources Language
Newbold, P.(Çev. Ümit Şenesen), İşletme Ve İktisat İçin İstatistik, Literatür Yay., İstanbul, 2006.	Türkçe
Mendenhal, W., Reinmuth, J.E., Beaver, R.J., Statistics for Management and Economics, Duxbury Press, 7. Ed., USA, 1993.	English
Mcclave, J.T., Benson, P.G., Sincich, T., Statistics For Business And Economics, 7th Eition, Prentice Hall, New Jersey, 1998.	English
Runyon, R.P., Haber, A., Pittenger, D.J., Coleman, K.A., Fundamentals of Behavioral Statistics, The McGraw Hill Companies Inc., Eighth edition, 1996.	English
Barrow, M., Statistics For Economics Accounting and Business Studies, Longman, Second Edition, England, 1996.	English
Johnson, R.A., Bhattacharyya, G.K., Statistics: Principles and Methods, JohnWiley & Sons Inc., Fourth edition, USA, 2001.	English
Apaydın, A., Kutsal, A., Atakan, C., Uygulamalı İstatistik, Baran Ofset, Ankara, 1994.	Türkçe
Akdeniz, F., Olasılık ve İstatistik, Nobel Yayınevi, 11. Baskı, Adana, 2004.	Türkçe
Turanlı, M., Güriş, S., Temel İstatistik, Der Yayınları, 2. Baskı, İstanbul, 2005.	Türkçe

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	50	Final Exam
Midterm Exam	50	Midterm Exam

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student