Türkçe English Rapor to Course Content
COURSE SYLLABUS
STATISTICAL DECISION THEORY
1 Course Title: STATISTICAL DECISION THEORY
2 Course Code: EKO2202
3 Type of Course: Compulsory
4 Level of Course: First Cycle
5 Year of Study: 2
6 Semester: 4
7 ECTS Credits Allocated: 7
8 Theoretical (hour/week): 3
9 Practice (hour/week) : 0
10 Laboratory (hour/week) : 0
11 Prerequisites: No
12 Recommended optional programme components: None
13 Language: Turkish
14 Mode of Delivery: Face to face
15 Course Coordinator: Prof. Dr. Nuran Bayram
16 Course Lecturers:
17 Contactinformation of the Course Coordinator: E-posta : nuranb@uludag.edu.tr
Telefon: 0 224 2941126
Adres: Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Ekonometri Bölümü,16059, Görükle/Bursa.
18 Website:
19 Objective of the Course: The aim of the course is to gain knowledge about different models and decision analysis techniques for decision-making under certainty and uncertainty using concepts such as statistical decision theory, utility theory, decision trees, Bayes theorem.
20 Contribution of the Course to Professional Development
21 Learning Outcomes:
1 To be able to know the basic concepts of statistical decision theory.;
2 To be able to define the problem of decision-making.;
3 To be able to solve cost structure decision problems;
4 To be able to know the rules and concepts of game theory. ;
5 To be able to apply analysis of decision making under uncertainty and risk.;
6 To be able to apply the decision tree analysis.;
7 To be able to use knowledge of sampling when statistical making-decisions. ;
8 To be able to use Bayes theorem when statistical making-decisions.;
9 To be able to apply the markov analysis.;
10 To be able to know multi-criteria decision making methods.;
22 Course Content:
Week Theoretical Practical
1 The definition and characteristics of decision making
2 Elements and stages of decision-making
3 Present the decision-making problem
4 Types of Decision-making
5 Cost-structured decision problems
6 Decision making under uncertainty
7 Decision making under risk
8 Decision-tree analysis
9 Bayes theorem and decision-making with knowledge of sampling
10 Discrete distributions in decision-making with Bayesian approach
11 Continious distributions in decision-making with Bayesian approach
12 Game theory
13 Markov analysis
14 Multi-criteria decision-making methods
23 Textbooks, References and/or Other Materials: 1.Necmi Gürsakal, Bayesgil İstatistik, Uludağ Üniversitesi Yayınları, 1992.
2.Zerrin Aladağ, Karar Teorisi, Umuttepe Yayınları, 2011.
3.James Berger, Statistical Decision Theory and Bayesian Analysis, Springer-Verlag, 1980.
4.Mustafa Aytaç, Necmi Gürsakal (editörler), Karar Verme, Dora Yayınları, 2015.
24 Assesment
TERM LEARNING ACTIVITIES NUMBER PERCENT
Midterm Exam 1 40
Quiz 0 0
Homeworks, Performances 0 0
Final Exam 1 60
Total 2 100
Contribution of Term (Year) Learning Activities to Success Grade 40
Contribution of Final Exam to Success Grade 60
Total 100
Measurement and Evaluation Techniques Used in the Course
Information
25 ECTS / WORK LOAD TABLE
Activites NUMBER TIME [Hour] Total WorkLoad [Hour]
Theoretical 14 3 42
Practicals/Labs 0 0 0
Self Study and Preparation 14 4 56
Homeworks, Performances 0 0 0
Projects 0 0 0
Field Studies 0 0 0
Midtermexams 1 20 20
Others 2 20 40
Final Exams 1 25 25
Total WorkLoad 183
Total workload/ 30 hr 6,1
ECTS Credit of the Course 6
26 CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 PQ12
LO1 3 4 4 5 3 4 4 4 2 4 3 4
LO2 3 4 4 4 5 3 2 4 2 3 4 3
LO3 2 3 4 4 3 4 5 3 4 3 3 4
LO4 3 4 5 5 4 4 3 5 4 4 3 3
LO5 5 5 5 4 4 3 4 4 3 3 4 3
LO6 4 3 3 4 4 5 4 4 3 4 3 3
LO7 3 4 3 4 4 3 4 4 3 4 3 4
LO8 3 3 4 3 4 4 3 3 4 3 4 3
LO9 3 4 5 4 4 4 4 5 5 4 4 3
LO10 4 4 4 4 4 4 3 3 3 4 3 3
LO: Learning Objectives PQ: Program Qualifications
Contribution Level: 1 Very Low 2 Low 3 Medium 4 High 5 Very High
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