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Faculty of Mining and Geology

ECTS Course Overview



Applied statistics in mineral resources and mining industry

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code545-0154/02
Number of ECTS Credits Allocated5 ECTS credits
Type of Course Unit *Optional
Level of Course Unit *First Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionEnglish
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
SOU70RNDr. Radmila Sousedíková, Ph.D.
Summary
After completing the course, students will be able to describe and analyze univariate statistical sets, data from sample surveys, perform regression and correlation analysis, and time series analysis. The analyses are performed on data on minerals and mining companies.
Learning Outcomes of the Course Unit
The student will acquire theoretical knowledge about basic procedures and methods of processing statistical files and apply them in the analysis of statistical data in the raw materials industry.
Course Contents
1.Basic statistical terms, statistical variable classification, classification of economic activities CZ-NACE
2.Methods of data collection, monthly statement of industry data Prům 1-12
3.Basic processing of statistical data: frequency distribution and class interval, application to frequency distribution of wages in mining company
4.Statistical plots – graphical representation of technical and production indicators of mining company
5.Quantiles, quartiles, deciles and centiles, basic processing of technical and production indicators of mining company
6.Measures of central tendency: means, median, mode, application to wages in mining company
7.Measures of variability: range, variance, standard deviation, variation coefficient, application to wages in mining company
8.Point and interval estimation, financial ratio estimation for mining company
9.Hypothesis testing, financial ratio testing for mining company
10.Regression analysis: regression function, estimation of regression function parameters, application to analysis of mining company cost
11.Correlation analysis: quality of regression function and intensity of dependency, application to analysis of mining company cost
12.Time series: basic characteristics of time series
13.Time series models, trend function, trend analysis of hard coal production


Recommended or Required Reading
Required Reading:
MCCLAVE, James T.; BENSON, George a SINCICH, Terry. Statistics for business and economics. 14th edition. Harlow: Pearson, [2022]. ISBN 978-1-292-41339-6.
NEWBOLD, Paul; CARLSON, William Lee a THORNE, Betty. Statistics for business and economics. 8th ed., global ed. Always learning. Harlow: Pearson Education, c2013. ISBN 978-0-273-76706-0.
ANDERSON, David Ray; SWEENEY, Dennis J. and WILLIAMS, Thomas Arthur. Modern business statistics with Microsoft Office Excel. 5th ed. Stamford: Cengage Learning, 2015. ISBN 978-1-305-08218-2.
ALWAN, Layth C.; CRAIG, Bruce A. and MCCABE, George P. The practice of statistics for business and economics. Fifth edition. New York: W. H. Freeman and Company, 2020. ISBN 978-1-319-32481-0.
HINDLS, Richard; ARLTOVÁ, Markéta; HRONOVÁ, Stanislava; MALÁ, Ivana; MAREK, Luboš et al. Statistika v ekonomii. [Průhonice]: Professional Publishing, 2018. ISBN 978-80-88260-09-7.
NEUBAUER, Jiří; SEDLAČÍK, Marek a KŘÍŽ, Oldřich. Základy statistiky: aplikace v technických a ekonomických oborech. 3., rozšířené vydání. Praha: Grada Publishing, 2021. ISBN 978-80-271-3421-2.
SOUSEDÍKOVÁ, R. Aplikovaná statistika v surovinovém průmyslu: e-learningová podpora. VŠB-TU Ostrava, 2018.
MCCLAVE, James T.; BENSON, George a SINCICH, Terry. Statistics for business and economics. 14th edition. Harlow: Pearson, 2022. ISBN 978-1-292-41339-6.
Recommended Reading:
SOUSEDÍKOVÁ, Radmila. Business statistics. Ostrava: Vysoká škola báňská - Technická univerzita, 2015. ISBN 978-80-248-3660-7.
MOORE, David S. a NOTZ, William. Statistics: concepts and controversies. Tenth edition. New York: Macmillan International Higher Education, [2020]. ISBN 978-1-319-32483-4.
RHINEHART, R. Russell a BETHEA, Robert M. Applied engineering statistics. Second edition. Boca Raton: CRC Press, Taylor & Francis Group, 2022. ISBN 978-1-032-11948-9.
BRASE, Charles Henry; BRASE, Corrinne Pellillo a EL-IRAKI, Aly. Understanding basic statistics. Eighth edition. [Austrálie]: Cengage, [2019]. ISBN 978-1-337-78218-0.
NEUBAUER, Jiří; SEDLAČÍK, Marek a KŘÍŽ, Oldřich. Základy statistiky: aplikace v technických a ekonomických oborech. 2., rozšířené vydání. Praha: Grada, 2016. ISBN 978-80-247-5786-5.
MAREK, Luboš. Statistika v příkladech. Druhé vydání. Praha: Kamil Mařík - Professional Publishing, 2015. ISBN 978-80-7431-153-6.
JANÁČEK, Julius. Statistika jednoduše: Průvodce světem statistiky. Grada, 2022. ISBN 978-80-271-6640-4.
SOUSEDÍKOVÁ, Radmila. Business statistics. Ostrava: Vysoká škola báňská - Technická univerzita, 2015. ISBN 978-80-248-3660-7.
Planned learning activities and teaching methods
Lectures, Individual consultations, Tutorials
Assesment methods and criteria
Tasks are not Defined