Statistics
Descriptive statistics, dispersion, frequency distributions, graphs Probability, combinatorics, conditional probability, Bayes law Binomial distribution, hypergeometric distribution, Poisson distribution Normal distribution and normal approach, the central limit theorem.
Simple regression analysis, estimation, hypothesis testing for regression, prediction. Use of statistical computer programs.
It is possible to apply for admission to the subject as an individual subject. Reservations are made regarding free capacity on the subject. The applicant must meet the applicable admission requirements for the Bachelor in Business Administration, Bachelor in Economics, Digitalisation and Business Development, or Bachelor in Real Estate.
More information about individual subject admissions and deadlines (Norwegian webpage)
Knowledge
The candidate should have:
- knowledge of concepts like estimator, estimate, confidence interval
- knowledge of concepts such as the null hypothesis and alternative hypothesis, rejection and acceptance error, significance, significance probability, strength
Skills
The candidate should:
- be able to calculate probabilities and applying tables using the probability distributions
- be able to analyze and interpret the results of statistical surveys using basic methods of estimation and hypothesis testing
- be able to estimate a simple regression model and assess how well or poorly it functions in a given situation
General competence
The candidate should have:
- a basic overview of issues related to the use of polls and other statistical techniques related to politics, economics and science
Composite assessment, grading rule Letter grades
- Two compulsory assignments, amounts to 0/100 of the grade, grade rule Approved/Not approved
- Written mid-term exam, 3 hours, amounts to 25/100 of the grade, grading rule Letter grades
- Written school exam, 4 hours, amounts to 75/100 of the grade, grading rule Letter grades
Simple calculator and bilingual dictionaries. Generating an answer using ChatGPT or similar artificial intelligence and submitting it wholly or partially as one's own answer is considered cheating.
