STATISTICS

This course is one of the core educational activities of the Business Administration and Management degree program that allows students to acquire the knowledge and understating of the main statistical concepts used in management disciplines.
The aim of the course is to provide the basic knowledge of descriptive and inferential statistics and develop skills that allow the students to structure and analyze data in problems characterized by uncertainty such as in economics, finance, quality control and marketing.

At the end of the course, students are expected to have acquired the basic knowledge of statistics to develop descriptive and inferential analyses of business phenomena through tools and statistical methods suitable for the analysis, as for example graphics and numerical synthesis, punctual or interval estimates, hypothesis tests. In particular, students should:
1. Knowledge and understanding
- know the terminology and basic concepts of descriptive and inferential statistics for business phenomena;
- understand the strengths and limitations of the statistical approaches used to analyze business phenomena.
2. Ability to apply knowledge and understanding
- know how to determine the best statistical methods for the analysis of real phenomena;
- understand the main aspects of the descriptive and inferential statistical analyses;
3. Making judgements
- be able to critically assess under which circumstances the analyses are reliable;
- be able to assess the goodness of the achieved results.
4. (Lifelong) learning skills
- be able to critically consult reference books and online material in the fields of statistics and analysis of data for business phenomena.

Ross, Sheldon M. (2010) Introductory statistics (3rd ed.)

Written examination

Standard blackboard teaching

English

written