C401 Probability and Statistics
Professor: Theodoros KOUTSOBINAS
The objective of this course is to provide an introduction to the methods of statistical analysis. This is achieved with the analysis of the underlying rationale of various statistical concepts, and the development of familiarity with the methods and techniques of statistics. Furthermore, the course contributes to the acquisition on the part of students of knowledge and skills in analyzing probabilities, statistical estimates and economic forecasts for decision-making. The course offers the opportunity to students to exploit the advantages of well-known Excel spreadsheet for statistical analysis. In this manner, students are supported to learn in a comprehensible manner the fundamental statistical functions and the utilization of data analysis by utilizing examples and through gradual application of statistical techniques. Finally, statistical issues of interest with regard to economic activities of cultural units such as the analysis of sample surveys, qualitative analysis as well as management decisions with the support of regression results are examined.