BSc in International Shipping and Trade
Statistics
About the course
What you will learn
The goal is to enable the students to interpret, understand and apply basic statistical concepts as they apply in scientific research as well as in everyday life. The students will become familiar with basic probability theory as a model for randomness, concepts of statistical inference as well as a number of concrete estimators, confidence intervals and test. Statistical software will be introduced. At the completion of this course the students will be able to:
- Identify key theories, models and concepts of probability and statistics.
- Use graphical and numerical methods for exploring and summarizing data
- Describe basic probability and how probability helps us understand randomness in our lives, as well as grasp the crucial concept of a sampling distribution and how it relates to inference methods.
- Choose and justify appropriate descriptive and inferential methods for examining and analyzing data and drawing conclusions.
- Analysis of the association between categorical, discrete, and continuous variables, using contingency tables, correlation, regressions, and analysis of variance.
- Communicate the conclusions of statistical analysis clearly and effectively, i.e identify connections between basic statistics and the real world.