MI2023E PROBABILITY AND STATISTICS

Version: 2024.2.0
1. GENERAL INFORMATION
Course ID: MI2023E
Credits: 4

Workload: Theory: 45 hrs Exercise: 30 hrs Practice: 0 hrs Self-study: 120 hrs

Prerequisites: Calculus 1, Calculus 2, Algebra

Co-requisites: None
Program Business Analytics
Level Second-year students
Materials, lecture slides, and assignment in English;
Level of using
English in Examination in English;
teaching Lectures in English.
2. COURSE DESCRIPTION
The course provides students with the knowledge of probability such as concepts and
inference rules for probability as well as random variables and common probability distributions (one-
dimensional and two-dimensional); basic concepts of mathematical statistics which help students in
dealing with statistical problems in estimation, hypothesis testing, simple linear regression, and
correlation. Through the acquired knowledge, students are given a methodology for approaching
practical models and finding an appropriate solution.
3. COURSE LEARNING OUTCOMES
Learning
Program Learning
Outcomes Descriptions
Outcomes
(LO)
M1 Understand and be able to solve statistics and probability
problems
M1.1 Recognize principal notions and rules of probability, conditional [1.1-1.4]
probability, and independent events. Apply the total probability
formula and Bayes’ rule.
M1.2 Identify discrete and continuous random variables, and their [2.1; 2.2]
probability distributions (probability mass functions, cumulative
distribution functions, and probability density functions).
M1.3 Identify uniform, binomial, Poisson distributions, and [2.4]
exponential distributions. Determine the critical values for well-
known distributions: normal distribution, chi-squared
distribution, t-distribution, and F-distribution.
M1.4 Compute the characteristics: mean, variance, covariance, and [2.3; 3.1-3.5]
correlation coefficient. Determine marginal distributions.
Recognize independence.
M1.5 Identify the important role of random samples, and their [3.6; 4.1; 4.2]
 Learning
Program Learning
Outcomes Descriptions
Outcomes
(LO)
characteristics (sample mean, sample variance), particularly of a
normal sample. Apply the Central Limit Theorem and Laws of
Large Numbers.
M1.6 Estimate parameters using point estimators and confidence [4.3; 4.4]
intervals.
M1.7 Test statistical hypotheses, and explain the probability of type I [5.1-5.3]
and type II errors.
M1.8 Be able to explain simple linear regression and correlation. [6.1-6.5]
Apply the regression model and correlation model
M2 Apply statistics and probability knowledge to modeling and
analysis
M2.1 Understand and apply statistics and probability to analyze and [1.1-1.4; 2.1-2.4;
create some models for real problems 3.1-3.5; 4.1-4.4;
5.1-5.3; 6.1-6.5]
M2.2 Recognize simple statistical models and apply them to solve [4.1-4.4; 5.1-5.4;
economic and engineering problems 6.1-6.5]
M2.3 Understand and apply to reading specialized materials [1.1-1.4; 2.1-2.4;
3.1-3.5; 4.1-4.4;
5.1-5.3; 6.1-6.5]
M3 Capacity to synthesize and present a statistics and
probability problem as well as understanding responsibility
and professional ethics
M3.1 Capacity to work in groups, write reports and present [1.1-1.4; 2.1-2.4;
presentations on the results of homework 3.1-3.5; 4.1-4.4;
5.1-5.3; 6.1-6.5]
M3.2 Understanding responsibilities, professional ethics
4. CONTENTS
Random events and probability formulas, random variables (one-dimensional and two-dimensional),
probability distributions, statistical estimation theory, statistical decision theory, and simple linear
regression and correlation.
5. TEXTBOOK AND REFERENCES
Textbooks
[1] Yongmiao Hong (2017). Probability & Statistics for Economists. World Scientific
Publishing Company (https://doi.org/10.1142/10675)
[2] Gerald Keller (2022). Statistics for Management and Economics. South-
Western, a part of Cengage Learning (twelfth edition)
References
Vietnamese References
[1] Faculty of Mathematics and Informatics (2024). Workbook. Instituted Materials.
[2] Tong Dinh Quy (2009). Course of Probability and Statistics. Bach Khoa Publication.
 English References
[3] R.A. Johnson (2005). Probability & Statistics for Engineers. Person Education, Inc.,
2005.
[4] R.E. Walpole, R.H. Myers, S.L. Myers, K. Ye (2011). Probability & Statistics for
Engineers and Scientists. Prentice-Hall (ninth edition).
[5] W. Feller (1971). An introduction to Probability theory and its applications. John
Wiley & Sons Publisher.
6. EVALUATIONS
Assessed
Components Evaluation method Description expected Proportion
outcomes
[1] [2] [3] [4] [5]
A1. The process
50%
mark
A1.1. Attendance Attendance and performance M2.3 10%
and performance* in class
A1.2. Continuous Continuous assessment test Online multiple M1.1, M1.2 10%
assessment choice tests
A1.3. Midterm Midterm exam Multiple choice M1.1, M1.2,
exam Content: From the 1st week and constructed M2.1, M2.2, 30%
to the 7th week response test M2.3

A2. Final exam Final exam Essay M1.1, M1.2, 50%

M2.1, M2.2,
M2.3
*Attendance and performance in class are evaluated according to the Rule of Faculty of Mathematics
and Informatics accompanied with the Regulations of Higher Education of Hanoi University of
Science and Technology.
7. TEACHING PLAN
Teaching & Learning
Week Topics LO Assessment
Activities
[1] [2] [3] [4] [5]
1 Chapter 1: Random Events and M1.1 Teacher: A1.1
Probability Calculation M2.1 - Giving lectures A1.2
1.1. Basic Notions M2.3 - Providing lecture A1.3
1.1.1. Events and Sample Space M3.1 notes, assignments A2
1.1.2. Events Relation (Union, M3.2 - Leading discussions
Intersection, Mutually Exclusive Events, Student in class:
Complement, Mutually exclusive and - Participating in class
Exhaustive Events) activities
1.1.3. Methods of Counting - Answering questions
(Multiplication Rule, Permutation, Student at home:
Combination, Repeated permutation) - Reading documents
Problems - Chapter 1 - Do homework
 Teaching & Learning
Week Topics LO Assessment
Activities
[1] [2] [3] [4] [5]
2 1.2. Probability M1.1 Teacher: A1.1
1.2.1. Theoretical Probability Definition M2.1 - Giving lectures A1.2
1.2.2. Frequentist Definition M2.3 - Providing lecture A1.3
1.3. Additive and the Multiplicative Rules M3.1 notes, assignments A2
1.3.1. Conditional Probability M3.2 - Leading discussions
1.3.2. Additive Rules Student in class:
1.3.3. The Multiplicative Rules - Participating in class
1.3.4. Bernoulli Trial Calculator activities
Problems - Chapter 1 - Answering questions
Student at home:
- Reading documents
- Do homework
3 1.4. Bayes' Theorem M1.1 A1.1
1.4.1. Law of Total Probability (LOTP) M1.2 A1.2
1.4.2. Bayes’ Rule M2.1 A1.3
Chapter 2. Random Variables and M2.3 A2
Probability Distributions M3.1
2.1. Random Variables M3.2
2.1.1 Discrete Random Variables
2.1.2 Continuous Random Variables
Problems - Chapter 1
4 2.2. Probability Distributions M1.2 Teacher: A1.1
2.2.1. Probability Mass Functions M2.1 - Giving lectures A1.2
2.2.2. Cumulative Distribution Functions M2.3 - Providing lecture A1.3
2.2.3. Probability Density Functions M3.1 notes, assignments A2
Problems - Chapter 2 M3.2 - Leading discussions
Student in class:
- Participating in class
activities
- Answering questions
Student at home:
- Reading documents
5 2.3. Mathematical Expectations M1.4 - Do homework A1.1
2.3.1. Expectation M2.1 A1.2
2.3.2. Variance and Standard Deviation M2.3 A1.3
Problems - Chapter 2 M3.1 A2
M3.2
 Teaching & Learning
Week Topics LO Assessment
Activities
[1] [2] [3] [4] [5]
6 2.4. Important Probability Distributions M1.3 Teacher: A1.1
2.4.1. Uniform Distribution M2.1 - Giving lectures A1.2
2.4.2. Binomial Distribution M2.3 - Providing lecture A1.3
2.4.3. Poisson Distribution M3.1 notes, assignments A2
Problems - Chapter 2 M3.2 - Leading discussions
Student in class:
7 2.4.4. Exponential Distribution M1.3 - Participating in class A1.1
2.4.5. Normal Distribution M2.1 activities A1.2
2.4.6. Chi-Square Distribution M2.3 - Answering questions A1.3
2.4.7. Student's t-Distribution M3.1 Student at home: A2
Problems - Chapter 2 M3.2 - Reading documents
- Do homework
8 Chapter 3. Pairs of Random Variables M1.2 Teacher: A1.1
3.1. Joint Probability Distributions M1.4 - Giving lectures A1.2
3.1.1. The Discrete Case M2.1 - Providing lecture A2
3.1.2. The Continuous Case M2.3 notes, assignments
3.2. Marginal Probability Distributions M3.1 - Leading discussions
3.2.1. The Discrete Case M3.2 Student in class:
3.2.2. The Continuous Case - Participating in class
3.3. Conditional Probability Distributions activities
3.3.1. The Discrete Case - Answering questions
3.3.2. The Continuous Case Student at home:
Problems - Chapter 3 - Reading documents
- Do homework

9 3.4. Independence M1.4 A1.1

3.4. Functions of Two Random Variables M1.5 A1.2
3.5. Covariance and Correlation M2.1 A2
3.5.1. Covariance. Covariance Matrix M2.3
3.5.2. Correlation Coefficient M3.1
Problems - Chapter 3 M3.2
 Teaching & Learning
Week Topics LO Assessment
Activities
[1] [2] [3] [4] [5]
10 Chapter 4. Sampling Distributions and M1.5 Teacher: A1.1
Estimation of Parameters M2.1 - Giving lectures A1.2
4.1. Random samples M2.2 - Providing lecture A2
4.1.1. Population and Samples M2.3 notes, assignments
4.1.2. Sample Mean M3.1 - Leading discussions
4.1.3. Sample Variance and Sample M3.2 Student in class:
Standard Deviation - Participating in class
4.1.4. Sample Proportions activities
4.2. Sampling Distributions - Answering questions
4.2.1. Sampling Distribution of the Student at home:
Sample Mean and Central Limits - Reading documents
Theorem - Do homework
4.2.2. Sampling Distribution of the Sample
Variance
4.2.3. Sampling Distribution of Sample
Proportions
4.3. Estimation
4.3.1. Classical Methods of Estimation
4.3.2. Properties of Point Estimators
Problems - Chapter 4
An Introduction to Statistical Modelling
11 4.4. Confidence Interval M1.6 Teacher: A1.1
4.4.1. Interval Estimation M2.1 - Giving lectures A1.2
4.4.2. Confidence Interval on the Mean of M2.2 - Providing lecture A2
a Normal Distribution, Variance Known M3.1 notes, assignments
4.4.3. Confidence Interval on the Mean of M3.2 - Leading discussions
a Normal Distribution, Variance Student in class:
Unknown - Participating in class
4.4.4. Confidence Interval on the Variance activities
and Standard Deviation of a Normal - Answering questions
Distribution Student at home:
4.4.5. Large-Sample Confidence Interval - Reading documents
for a Population Proportion - Do homework
Problems - Chapter 4
12 Chapter 5. Hypothesis Testing M1.7 A1.1
5.1. Introduction to Hypothesis Testing M2.1 A1.2
5.1.1. Statistical Hypotheses M2.2 A2
5.1.2. Tests of Statistical Hypotheses M3.1
5.2. Tests of Hypotheses for a Single M3.2
Sample
5.2.1. Tests on the Mean of a Normal
Distribution, Variance Known
 Teaching & Learning
Week Topics LO Assessment
Activities
[1] [2] [3] [4] [5]
5.2.2. Tests on the Mean of a Normal
Distribution, Variance Unknown
5.2.3. Large-Sample Test
5.2.4. Tests on the Variance and Standard
Deviation of a Normal Distribution
5.2.5. Tests on a Population Proportion
(Large-Sample)
Problems - Chapter 5
13 5.3. Tests of Hypotheses for Two-Sample M1.7 Teacher: A1.1
5.3.1. Hypothesis Tests on the Difference M2.1 - Giving lectures A1.2
in Means, Variances Known M2.2 - Providing lecture A2
5.3.2. Hypothesis Tests on the Difference M3.1 notes, assignments
in Means, Variances Unknown (Large- M3.2 - Leading discussions
Sample and Small-Sample) Student in class:
5.3.3. Hypothesis Tests on the Ratio of - Participating in class
Two Variances activities
5.3.4. Large-Sample Tests on the - Answering questions
Difference in Population Proportions Student at home:
Problems - Chapter 5 - Reading documents
An Introduction to Statistical Modelling - Do homework
14 Chapter 6. Simple Linear Regression M1.8 A1.1
and Correlation M2.1 A1.2
6.1. Simple Linear Regression M2.2 A2
6.1.1. Model Simple Linear Regression M2.3
6.1.2. Fitted Regression Line M3.1
6.2. Method of Least Squares M3.2
6.2.1. Least Squares Estimator
6.2.2. Properties of the Least Squares
Estimator
Problems - Chapter 6
15 6.3. Hypothesis Test in Simple Linear M1.8 A1.1
Regression M2.1 A1.2
6.4. Confidence Intervals M2.2 A2
6.5. Correlation M2.3
Problems - Chapter 6 M3.1
An Introduction to Statistical Modelling M3.2
16 Review

8. COURSE POLICIES
 Students are expected to follow the regulations of Hanoi University of Technology and School of
Economics and Management
 For any cheating during the exam or exercise, students must be disciplined by the school and get 0
points for the course.
9. DATE OF APPROVAL:
Faculty of Mathematics and Informatics