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Stochastic models,conditonal probability and independence, combinatorics. Expected values, variance and standard deviation. Binomial, Poisson and Exponential distribution.
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Interval estimation and Testing of hypothesis in Normal. Binomial, Poisson and Exponential distribution in 1 and 2 variables and linear regression. Company costs and income. Demonstrate a basic knowledge and skills in the economic activity of a company.
Be able to carry out costs- and income calculations. Make product- and investment calculations, planning and budgeting.
SMF2251 – Statistics and basic economics
Find profitable solutions to economic problems within a company. Understand the relevance of probability and statistics in economy and engineering problem solving.
Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department. Admission to a programme of study is required: Formelsamling i Statistikk, HiG.
Intermediate course, level II. Department with academic responsibility Department of Industrial Economics and Technology Management. For more information regarding registration for examination and examination procedures, see “Innsida – Exams”.
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About Examination arrangement Examination arrangement: Learning outcome Demonstrate a basic knowledge and skills in the economic activity of a company. Further on evaluation Re-sit of written exam in August. Specific conditions Exam registration requires that class registration is approved in the same semester.
More on the course No. Contact information Course coordinator: If more than one room is listed, you will find your room at Studentweb. Examination For more information regarding registration for examination and examination procedures, see “Innsida – Exams”.