Checking date: 12/04/2018

Course: 2018/2019

Statistics II
Study: Bachelor in Finance and Accounting (201)


Department assigned to the subject: Department of Statistics

Type: Compulsory
ECTS Credits: 6.0 ECTS


Students are expected to have completed
Statistics I
Competences and skills that will be acquired and learning results. Further information on this link
SPECIFIC SKILLS: Students will acquire knowledge and skills necessary to: 1. Perform statistical inference in one population 2. Understand the key concepts in hypothesis testing 3. Become familiar with the issues of comparing two populations 4. Interpret and apply the concepts of the simple linear regression model 5. Carry out the abovementioned analyses in statistical software GENERAL SKILLS Students will be able to: 1. Develop their ability to think analytically 2. Become familiar with a statistical software 3. Establish a framework to solve problems 4. Develop their interactive skills 5. Enhance their critical thinking 6. Improve their learning skills and communication
Description of contents: programme
Chapter 1. Inference in one population 1.1 Introduction: parameters and statistical inference 1.2 Point estimators 1.3 The estimation of the mean and variance 1.4 The sampling distribution of the sample mean 1.5 Estimation using confidence intervals 1.5.1 Confidence interval for the mean of a normal population with known variance 1.5.2 Confidence interval for the mean in large samples 1.5.3 Confidence interval for the mean of a normal population with unknown variance: t distribution 1.5.4 Confidence interval for the variance of a normal population Chapter 2. Basic concepts in hypothesis testing 2.1 Definition of a test of hypothesis 2.2 The null and alternative hypotheses 2.3 Type I and type II errors, power of the test 2.4 The concept of p-value and decision-making 2.5 Main steps needed to perform a test of hypothesis Chapter 3. Comparing two populations 3.1 Independent samples from two populations 3.2 Inference for the population means in small samples 3.3 Inference for the population means in large samples 3.4 Comparing the variances of two normal populations: the F distribution Chapter 4. Regression analysis: the simple linear regression model 4.1 The goal of regression analysis 4.2 The specification of a simple linear regression model 4.3 Least-squares estimators: construction and properties 4.4 Inference in the linear regression model 4.5 Inference for the slope 4.6 Inference for the variance 4.7 Mean response and confidence intervals 4.8 New response and prediction intervals Chapter 5. Regression analysis: assumptions, model diagnostics, multiple linear regression model 5.1 The residual analysis 5.2 The ANOVA decomposition 5.3 Nonlinear relationships and linearizing transformations 5.4 The linear regression model in matrix form 5.5 Introduction to multiple linear regression
Learning activities and methodology
Theory (3 ECTS): During theoretical sessions, the contents of the course will be introduced, explained and illustrated with examples. Teaching materials will be provided on the Internet. Practice (3 ECTS): During practical sessions, black-board exercises will be solved. Software-related activities will take place in the computer labs. In the 15th week of the term, a group-review session for the final exam will be held.
Assessment System
  • % end-of-term-examination 60
  • % of continuous assessment (assigments, laboratory, practicals...) 40
Basic Bibliography
  • Cheng-Few Lee, John C. Lee, Alice C. Lee. Statistics for Business and Financial Economics. World Scientific Press. 1999
  • Daniel Peña. Regresión y Diseño de Experimentos. Alianza Editorial. 2002
Additional Bibliography
  • Sheldon Ross. Introductory Statistics. Elsevier Academic Press. 2005

The course syllabus and the academic weekly planning may change due academic events or other reasons.

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