Course detail

Statistical Methods and Risk Analysis

FP-smarPAcad. year: 2011/2012

Random Variables, methods of Mathematical Statistics, Statistical Process Control,
Process Capability Indices, Acceptance Sampling, Inventory Management.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Learning outcomes of the course unit

Students will be made familiar with the methods of mathematical statistics, to evaluate and control the production process with methods of statistical process control and process capability index, to evaluate the characterics of acceptance sampling and inventory management.

Prerequisites

Fundamentals of probability theory and mathematical statistics.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

COURSE-UNIT CREDIT: The course-unit credit is awarded on the following conditions:
- participation in seminars,
- submitting answers to theoretical questions,
- submitting answers to elaboration calculating projects.

EXAM: The exam has a written form.
In the first part of the exam student solves 4 examples within 70-80 minutes. (It is allowed to use recomended literature.)
In the second part of the exam student works out answers to 3 theoretical questions within 15 minutes.
The mark, which corresponds to the total sum of points achieved (max 100 points), consists of:
- points achieved in control tests,
- points achieved to calculating projects elaboration,
- points achieved by solving examples,
- points achieved by answering theoretical questions.

The grades and corresponding points:
A (100-90), B (89-80), C (79-70), D (69-60), E (59-50), F (49-0).

Course curriculum

Topics of lectures are the following:
- Discrete Random Variables
- Continuous Random Variables
- Data samples
- Testing statistical hypothesis
- Statistical Process Control
- Process Capability Index
- Acceptance Sampling
- Inventory Management

The topics of exercises correspond to the topics delt with the lectures.

Work placements

Not applicable.

Aims

The objective of the course is to learn students to work with the random variables, to work with statistical data sets, to use methods of statistical process control, process capability indices, acceptance sampling and inventory management.

Specification of controlled education, way of implementation and compensation for absences

Attendance at lectures is not compulsory but is recommended. Attendance at exercises is required and checked by the tutor. An excused absence of a student from seminars can be compensated for by submitting solution of alternate exercises.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

KROPÁČ, J. Statistika B. 3. vyd. CERM, Brno: FP VUT, 2012. ISBN 978-80-7204-822-9. (CS)

Recommended reading

KROPÁČ, J. Statistika. 5. vyd. CERM, Brno: 2013. ISBN 978-80-7204-835-9. (CS)

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-EP , 3. year of study, summer semester, compulsory

Type of course unit

 

Lecture

13 hours, optionally

Teacher / Lecturer

Exercise

26 hours, compulsory

Teacher / Lecturer