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Statistics

and Data Management 1



COURSE MANUAL

Course name Statistics and Data Management 1

Course code 30J115-B-6

Number of credits 6 ECTS

Program B.Sc. International Business Administration

Position in Program Year 1, Semester 2

Academic Year 2020-2021

Language of instruction English

READ THIS MANUAL THOROUGHLY BEFORE THE START OF THE COURSE


Minor changes are possible; these changes will be published on Canvas.

© 2021 Tilburg University, Serhan Sadikoglu.

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Contents
Course description ................................................................................................................... 3
Teaching staff .......................................................................................................................... 3
Course learning outcomes ....................................................................................................... 4
Position in the program ............................................................................................................ 4
Relation with international business ................................................................................. 4
Relation with other courses in the program ...................................................................... 4
Course material ....................................................................................................................... 4
Assessment ............................................................................................................................. 4
Study Load............................................................................................................................... 7
Code of conduct....................................................................................................................... 7
Course structure ...................................................................................................................... 8
Forms of tuition ................................................................. Error! Bookmark not defined.
Course schedule............................................................... Error! Bookmark not defined.

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Course description
The course Statistics and Data Management 1 (30J115-B-6) is compulsory for (first year)
students International Business Administration who have started their studies in 2016-2017
or later. The course takes place in the Spring semester. The course is 6 EC. This course
provides a statistical basis that can be used in other courses both in the first year and in later
years of the study program. The course treats the following subjects:

• Probability theory (the classical definition of probability, computational rules);


• Random variables, probability distributions, probability density functions;
• Expectation, variance, standard deviation, covariance, correlation;
• Sampling theory;
• Descriptive statistics: population and sample statistics, graphs;
• Estimators, confidence intervals and hypothesis tests.

Teaching staff
Coordination and lectures

If you have any general question about the course, please first check Canvas, it might be the
case that your answer can be found there. Otherwise, you can contact the course
coordinator:

Name: Serhan Sadikoglu

E-mail: S.Sadikoglu@tilburguniversity.edu

Tutorials: Johan Bonekamp, Mingjia Xie, Wojciech Zielinski, Gul Gurkan, Fatih Burak Akcay

Question Time: Gul Gurkan

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Course learning outcomes
The objectives of the course are to introduce students to probability theory, descriptive
statistics and inferential statistics. The course not only builds a solid theoretic frame but it
also shows the connections between statistics and real life economic situations. After the
course, students have acquired knowledge about probabilities, commonly used probability
distributions, statistical parameters as expectation and variance, random samples and they
can perform calculations relating to these notions. They can summarize data and use data to
estimate parameters, to create confidence intervals and to perform hypothesis tests.
Furthermore, they have the knowledge to interpret the corresponding results. They also
show some basic abilities in the field of IT, especially Excel.

Position in the program

Relation with international business


The course Statistics and Data Management 1 introduces the basics of statistical methods to
conduct quantitative business research (gathering, analyzing, interpreting and presenting
data and information) in the field of international business.

Relation with other courses in the program


The methods and techniques learned in this course will be applied in many other courses.
We specifically mention Statistics and Data Management 2 (which uses this course as a
starting point and develops regression theory) and Marketing Management for IBA (as part of
developing the research plan and analyzing the data).

Course material
To be purchased:
• Nieuwenhuis, G., ‘Statistical Methods for Business and Economics’, Mcgraw-Hill
Education - Europe, 2009, 1st edition, ISBN-13: 9780077109875

Available via Canvas:


• Slides for the lectures. Per course week there will be one set of slides.
• Old exams and corresponding solutions.
• Solutions of the exercises from the book.
• Datasets of the book.
• Handouts and manual for the use of Excel
• Information on the Team Assignment (more information will be posted on Canvas
around course week 8).

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Assessment

Graded summative Weight Date/periods for exams Minimal Pass Possibility
assessments or submission grade and
deadlines assessment
type for re-
sit

Yes, see re-


Test 1 40% April 6 (2 hours) No
exam*
No re-sit
Team Assignment 15% May 21 No
possible
5.0 Yes, see re-
Test 2 45% June 14 (2 hours)
(unrounded) exam*
Re-exam 85% July 12 (3 hours) No

The final grade is a weighted average of the different components. The final grade is
determined by the weighted average of Test 1 (40%), Test 2 (45%) and Team Assignment
(15%). To pass this course, the unrounded weighted average of the above examinations
should be at least 5.5 and the unrounded grade for Test 2 should be at least 5.0.

*Re-exam
The students, who fail the course, will have a re-sit opportunity at the end of the semester.
The re-exam replaces Test 1 and Test 2. To be clear: It is not possible to do a resit for just
one test and there is one re-exam for the two tests at the same time. In this case your re-
exam counts for 85% of your final score and your team assignment for 15%.

Regulations for students who have succesfully participated in the Econasium


If you have succesfully participated in the Econasium, you can get an exemption for the
Team Assignment (TA) of Statistics and Data Management 1. If you want to make use of this
exemption, you need to send an email to the coordinator Serhan Sadikoglu
(s.sadikoglu@tilburguniversity.edu). In this e-mail you indicate:
- Your name + SNR (student number)
- The course you participate in (Statistics and Data Management 1)
- The fact that you want to make use of the exemption for the TA, because you have
successfully participated in the Econasium.
This e-mail should be sent at the latest Friday, April 23. The TA will be published around two
weeks before this date, such that students can first read the assignment, before they decide
whether they want to make use of the exemption. Note that for students with an exemption
for the TA, Test 2 counts for 60% instead of 45% (see also the corresponding exam

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regulations described above). If you have done the Econasium, but you do not want to make
use of the exemption (and hence participate in the TA), you do not have to indicate this
separately.

Course material covered in the tests

Test 1:
Ø Book Chapters 6, 7, 8, 9, 10 and 11 (See weekly schedule for details and omissions).
Ø You only need to give a final answer and, if explicitly asked, a short explanation.

Test 2:
Ø All material discussed during the course, but emphasis will be on the last six course
weeks (See weekly schedule for details and omissions).
Ø You need to provide your complete solution to the questions explicitly indicated (so
including explanation and calculations).

Re-exam:
Ø All material discussed during the course
Ø You need to provide your complete solution to the questions explicitly indicated (so
including explanation and calculations).

All tests (Tests 1-2 and the Re-exam) are closed book exams. It is allowed to use a
calculator, but only the Casio FX82 or the Texas Instruments TI30 (except the TI30X-Pro)
series are allowed.

About a week before each test a document will be posted on Canvas that summarizes the
important information about the exam (like which questions from old exams can be practiced,
what is expected from you in giving the answers etc.).

Team Assignment
In this assignment you and your team members (3 students per team) learn to use Microsoft
EXCEL to describe and analyse data.

This team assignment (TA) is mandatory for ALL students. A team consists of exactly three
students who all do the same course. So students BE, FE and EBE can work together since
they all do the same course Inleiding Data-Analyse, however, they cannot form a mixed
group with IBA or ECO students. You are allowed to choose your own team members. A
team consisting of less than 3 persons is not allowed, unless explicit permission is granted
by the course coordinator (Serhan Sadikoglu). Permission will only be granted if special
circumstances apply.

A detailed description of the assignment will appear on Canvas during the second half of the
course.

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Group or Team work: avoiding free-riding
Should any free-riding or social loafing occur during your group work, it is crucial to
address this issue early on. In such cases, (1) address your concerns with that group
member as early as possible via email, and copy the coordinator on the email. (2)
Agree upon a way in which that person can contribute to the group and notify the
the coordinator of your resolution by email. (3) If the problem persists, make an
appointment for your group to meet with the coordinator. We will attempt to resolve the
issue together. (4) If this attempt fails, leave the person’s name off the title page of
the class project. (5) We will inform the group member that s/he will fail the team
project. Note that we will only give a fail if steps 1-4 have been followed.

Fraud and Plagiarism


Having unauthorized notes at your exam, cribbing from a fellow student, manipulating results
and copying text from others without references are examples of fraud. Once fraud is
suspected, the Examination Board will be informed accordingly.
https://www.tilburguniversity.edu/students/studying/regulations/fraud/economics

Study Load
Activity Assessed number of hours
Class hours 50 hours (26 lectures and 7 tutorials)
Preparing lectures, tutorials and homework 98 hours
exercises, and preparation for exams
Assignment 20 hours
Total 168 hours

Code of conduct
Updates and announcements
Canvas will be used intensively for communication during the course. You can expect
announcements on e.g. short-term instructions for preparing a lecture, availability of slides,
changes in the program, grading, exam inspections, etc. It is therefore necessary to frequent
Canvas regularly.

Communication in English
• All instructions in class will be in English;
• E-mails to lecturers should be written in English;
• Speak English with each other when working on assignments as much as you can.

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Communication with lecturers
During mid-class breaks and right after the lectures and tutorials, students can ask questions
to the lecturer. If you have questions about homework exercises, please attend the question
time sessions.

Course structure

Forms of tuition

In total, this course consists of 13 course weeks. This course has lectures, tutorials and
question time sessions. Attendance is not mandatory, but it is strongly recommended to
attend.

Lectures:
Each course week there are two lectures of two hours. In the lecture an overview of the
theory is provided, illustrated with examples. Furthermore, during the lectures, exercises
from the book will be discussed. In the weekly schedule it is indicated per week which theory
is discussed during the lectures and which exercises will be made during the lecture. During
the lectures slides are used. The slides for a course week will be made available on Canvas.

The lectures of this course will be live Zoom sessions in the first half the course. On Canvas,
you can find a Zoom instruction to login into Zoom by using your TiU-account. This is
important, since otherwise you cannot join the Zoom meeting. To view the lecture, you can
click on the link that will be provided via Canvas. After the lecture, the recording of the
lecture will be available on Canvas.

At this moment (27-01), it is not known whether in the second half of the course it will be
possible to allow for physical attendance in some lectures for some students on a registration
base. More information will follow as soon as possible.

Tutorials:
In total there are 7 tutorials of 2 hours each for this course (in course week 2, 4, 6, 7, 9, 11
and 13). In the weekly schedule it is indicated which exercises are discussed during the
tutorials. During the tutorial these exercises will be discussed plenary based on the input
and questions from the group. The group will be actively involved in the discussion of the
exercises. This implies that you are expected to actively participate in the tutorial and
preparing the tutorial exercises at home is mandatory. It is ok if you are not able to
completely solve the exercises at home, this can provide input for the discussion in the
tutorial.

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You do not need to subscribe yourself for the tutorials. You can find the corresponding time
slots in your schedule in My Timetable. First year students are supposed to go the tutorial of
their own group (e.g. if you are in IBA-01, you go to the time slot that is indicated IBA-01).
Repeaters can join a tutorial group of their choice, as long as the teacher agrees that the
group is not too crowded.

The tutorials of this course will also be live Zoom sessions. To join the tutorial, you can click
on the link that will be provided via Canvas.

Question time sessions:


In the weekly schedule there are also exercises that should be made as homework. You are
supposed to make these exercises after the second lecture of the corresponding course
week and before the first lecture of the next course week. If you have questions about these
exercises (or questions about the theory), you can come to one of the question time
sessions. There are five of these sessions planned in course week 3, 5, 7, 10 and 13. During
such a session there is no plenary explanation, but students can ask individual questions
about exercises and theory. You do not necessarily need to be present at the start and you
do not need to attend the whole two hours. You can just join, ask your questions and if you
are finished you can leave. Depending on how many students turn up, it might be the case
that there is a waiting time before your questions will be answered.

The question time sessions will also be live Zoom sessions. To join, you can click on the link
that will be provided via Canvas.

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Course schedule

Week Lecture Tutorial Assessment


1 1-5 Feb Lecture 1.1 and 1.2
2 8-12 Feb Lecture 2.1 and 2.2 Tutorial 1
3 22-26 Feb Lecture 3.1 and 3.2
4 1-5 Mar Lecture 4.1 and 4.2 Tutorial 2
5 8-12 Mar Lecture 5.1 and 5.2
6 15-19 Mar Lecture 6.1 and 6.2 Tutorial 3
7 22-26 Mar Lecture 7.1 and 7.2 Tutorial 4
Exam weeks TEST 1
8 12-16 Apr Lecture 8.1 and 8.2 Team Assignment (TA)
is published on
Canvas. Work on TA
9 19-23 Apr Lecture 9.1 and 9.2 Tutorial 5 Work on TA
10 26-30 Apr Lecture 10.1 and 10.2
11 3 -7 May Lecture 11.1 and 11.2 Tutorial 6
12 10-14 May Lecture 12.1 and Work on TA
Lecture 12.2
13 17-21 May Lecture 13.1 and Tutorial 7 Work on and hand-in
Lecture 13.2 TA
Exams TEST 2
Re-exams

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Below we provide a detailed weekly schedule per lecture and tutorial. Please read this to
prepare yourself for each session.

Detailed weekly schedule Statistics and Data Management 1


The book referred to in the schedule is the book ‘Statistical Methods for Business and
Economics’ by Gert Nieuwenhuis. The text of the exercises discussed in the lectures can be
found in the slides of that week or are published separately together with the slides of that
week. the exercises for the tutorials at home. You are supposed to make the homework
exercises yourself after the second lecture of that week and before the first lecture of the
next week.

Week 1 Lectures Theory: Chapter 6


Chapter 7: section 7.1 and 7.3
Exercises in lecture: 6.4, 6.18, 6.20, 7.1, 7.4 a-c
Homework exercises: 6.1, 6.3, 6.8, 6.13, 6.14, 6.17, 7.1, 7.11

Week 2 Lectures Theory: Chapter 7: section 7.2, 7.4 and 7.5


Chapter 8: 8.1
Exercises in lecture: 7.4d-f, 7.10, exercise re-exam 2016
Homework exercises: 7.7, 7.13, 7.20, 7.27
Tutorial Exercises: Week 1: 6.2, 6.6, 6.12,
Week 2: 7.5, 7.6, 7.19

Week 3 Lectures Theory: Chapter 8: section 8.2, 8.3 and 8.4.1


Exercises in lecture: 8.6a, 8.8, 8.18a-c ,8.20
Homework exercises: 8.1, 8.4, 8.6b, 8.11, 8.19, 8.22, 8.29

Week 4 Lectures Theory: Chapter 8: section 8.4.2, 8.5, 8.7


Exercises in lecture: 8.9, 8.12b, 8.15a, 8.24
Homework exercises: 8.7, 8.12a, 8.13a, 8.15bc, 8.17, 8.18de (in d use
integration, not areas)
Tutorial Exercises: Week 3: 8.5a-c, 8.10 (read the introductory text of
7.34), 8.23
Week 4: 8.5d, 8.25a, 8.14ade, in 8.23 also:
determine b such that P(X ≤ b) = 0.99.

Week 5 Lectures Theory: Chapter 9: section 9.1, 9.2.1, 9.2.2 (only intro and
box 9.9, the rest is omitted)
Chapter 10: section 10.1 (except second half
page 311-313).
Exercises in lecture: 9.10, 9.11acd, 10.19, exercise exam May 2014
Homework exercises: 9.1ab, 9.2, 9.3e, 9.5, 9.7, 10.1a-c

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Week 6 Lectures Theory: Chapter 10: section 10.3 (except page 325-327),
Chapter 11: section 11.1
Exercises in lecture: 10.24a-d
Homework exercises: For all exercises: if necessary you can use the
table of page 829:
10.4cd, 10.5, 10.6cd, 10.9, 10.10, 10.24e
Tutorial Exercises: Week 5: 9.6, 9.12 (omit b and h, note that the
table of page 826 contains cumulative
probabilities), 10.2
Week 6 (use the table of page 829): 10.4ab,
10.6ab, 10.11

Week 7 Lectures Theory: Chapter 11: section 11.2-11.4


Exercises in lecture: 11.13, 11.14a-c
Homework exercises: 11.3, 11.6, 11.7, 11.9, 11.14de
Tutorial Exercises: Week 6: 10.31 (use the table of page 829)
Week 7: 11.1, 11.2, 11.20 (use the table of page
829), 11.23

Midterm week Test 1 Theory: everything discussed in course weeks 1 - 7:


- Chapter 6 and Chapter 7
- Chapter 8 (except section 8.6)
- Chapter 9: section 9.1, 9.2.1, 9.2.2 (only intro and box 9.9, the rest
is omitted)
- Chapter 10: section 10.1 (except second half page 311-313),
section 10.3 (except page 325-327).
- Chapter 11
At the test the table of page 829 will be available.

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Week 8 Lectures Theory: Chapter 1
Chapter 2: section 2.1, 2.2, 2.3.2, 2.3.3 (except
page 34-35 on unequal class width and frequency
density and page 38 on linear interpolation), 2.4
Chapter 3: 3.1 and 3.2
Exercises in lecture: 2.16, 2.20a-e (adapted version), both with Excel
Homework exercises: 1.1, 1.2, 1.6ab, 1.7, 1.8, 2.1, 2.4, 2.7, 2.14ab,
2.15a-c

Week 9 Lectures Theory: Chapter 3: section 3.3 (except weighted mean


and geometric mean on page 59-65, and
approximation of mean and median with
classified distribution function page 68-69)
Chapter 4: 4.1.1, 4.1.3 (except last paragraph
page 95 and first half of page 96 on linear
interpolation), 4.2-4.6
Exercises in lecture: 4.20 (adapted version)
Homework exercises: 3.1a, 3.2ab, 3.5, 3.18, 4.2, 4.3, 4.4, 4.26ab, 4.28
Team Assignment: Question 3, 4, 5 and 8a
Tutorial Exercises: Week 8: 2.6
Week 9: 4.6ab, 4.7, (omit coefficient of variation
and relative IQR), 4.9, 4.13abde (Excel)
Week 10 Lectures Theory: Chapter 12 (except second half of page 382,
estimators of covariance and correlation
coefficient), Chapter 13
Exercises in lecture: 12.12abc, 13.14
Homework exercises: 12.2, 12.6ac (in a) only for the mean and
standard deviation), 12.9, 13.2, 13.5, 13.6, 13.12

Week 11 Lectures Theory: Chapter 14, Chapter 15.1, 15.2 and Chapter
16.3.1
Exercises in lecture: 14.14 (adapted version), 15.22ab
Homework exercises: 14.1, 14.3, 14.9acd, 15.14a, 16.14a

Tutorial: Week 10: 12.4abd, 13.13abd (see also picture in


13.7, furthermore in c only the first probability will
be discussed)
Week 11: 14.11, 14.12, 15.15

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Week 12 Lectures Theory: Chapter 15.3 and Chapter 16.3.2 (omit example
16.7)
Exercises in lecture: 15.23
Homework exercises: 15.3, 15.4, 15.5, 15.8, 15.12, 15.14b, 16.5,
16.14b

Week 13 Lectures Theory: Chapter 16.1, 16.2, 16.4


Exercises in lecture: Exercises from old exams (see the slides of week
13)
Homework exercises: 16.3, 16.4, 16.5, 16.14ab, 16.15

Tutorial: Week 12: 15.24 (in part a) only determine a CI for


𝜇! ; check yourself with Excel that
𝑥̅ = 74.7190, 𝑦- = 175.8550 and 𝑢- = 39.4823),
16.10
Week 13: 16.11, 16.12ad

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