NİĞDE VOCATIONAL SCHOOL OF SOCIAL SCIENCES / BANKING AND INSURANCE / BAN1008 - STATISTICS
 
Learning Outcomes Of the Course 
ÖÇ1Defines the fundamental concepts of statistics (population, sample, parameter, statistic) and applies them to financial data sets.
ÖÇ2Summarizes and interprets financial data using appropriate tables and graphs (histogram, box plot, bar chart).
ÖÇ3Calculates measures of central tendency (mean, median, mode) and variability (variance, standard deviation, range) and uses them in financial risk and return analysis.
ÖÇ4Applies the rules of probability and conditional probability to topics such as insurance risk calculation and credit default probability.
ÖÇ5Defines discrete and continuous random variables, the concepts of expected value and variance, and uses distributions in finance and insurance (Binomial, Poisson, Normal).
ÖÇ6Explains sampling distributions and the Central Limit Theorem and interprets them as the basis of statistical inference.
ÖÇ7Estimates financial parameters (average loan amount, average insurance benefit) using point and interval estimation methods (confidence intervals).
ÖÇ8Establishes the hypothesis testing structure; performs hypothesis tests (z-test, t-test) regarding ratios and means using statistical software and interprets the results.
ÖÇ9Performs correlation and simple linear regression analysis, models the relationship between two financial variables, and interprets them for risk management.
ÖÇ10Enters data, performs basic analyses, and reports outputs using statistical software (SPSS, Excel Data Analysis, R, or similar).