# 2010/2011  BA-MIII  Methods III – Statistics and quantitative methods

 English Title Methods III – Statistics and quantitative methods

# Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Bachelor
Duration One Quarter
Course Period First Quarter
Time Table Please see course schedule at e-Campus
Study Board
Study Board for BSc in Service Management
Course Coordinator
• Per Vejrup-Hansen - Department of Innovation and Organizational Economics
Main Category of the Course
• Statistics and mathematics
Last updated on 29 maj 2012
Learning Objectives
At the end of this course, the students should be able to:
From the nature of the research problem and the data (sampling method, measurement scale, i.e.), using various descriptive methods, set up and validate a statistical description of the problem.
Translate the research hypotheses into statistical hypotheses on the (population) parameters, estimate the parameters, and assess the sampling error of estimates and its importance for the problem at hand.
Discuss the structure, the function and the features of each descriptive statistics seen during the course
Identify the most suitable statistical technique (among those seen during the lectures) to study a real-life phenomenon
Compute and assess and the main descriptive statistics

• Derive conclusions on the computed statistics
• Explain and discuss the concepts of probability, random variable and distribution
• Discuss the structure of the basic distributions seen during the lectures
• Relate the concepts of p-value, distribution and critical value, and discuss how they can be used to create tests for hypothesis
• Draw and perform tests for verifying hypotheses relative to specific parameters (similar to those seen during the lecture)
• Understand the concept of correlation
• Understand the concepts of regression and its graphical representation
• Explain the difference between correlation and regression
• Compute correlations and run simple regressions (similar to those seen in classes) using the tools employed in the course.
• Interpret the results of a regression (coefficients, standard errors, p-values, R-squared and so on…) and understand how it differs from a correlation
• Choose between the two techniques according to the setting and the asked questions
• Assess the validity of inferences regarding: a) the relation between sample and population to which the inference applies (sample selection), b) non-response and missing values in variables, and c) sample size.
Prerequisite
Students not enrolled in BSc in Business Administration & Service Management must document a level in English equal to TOEFL 575, and A level in mathematics equal to Danish level B
Examination
Methods III – Statistics and quantitative methods
 Marking Scale 7-step scale Censorship Internal examiners Exam Period October • Duration of exam: 4 hours • The written exam takes place on CBS computers • Graphs can be written by hand • Aids: Open book, but please note: • Students have access to their personal files (S-drive on CBS network) • Students do NOT have access to Internet, Site Scape/ LEARN, and other services from CBS (except their personal S-drive on CBS network) • Students are not allowed to bring personal electronic devices to the exam, except a non-programmable calculator. • Re-take examinations and make-up examinations are subject to the same regulations as the ones noted above
Examination
Prerequisites for Attending the Exam
Course Content

The primary objective of the course is to present central statistical tools required to carry out business research, and to make the students capable of discussing these, with reference to empirical contexts.

The course aims to address statistical methods and problems, and to expose students to a variety of established methods for collecting, analyzing and representing data.

In particular, the purpose of the module is twofold. On the one hand, students will learn how phenomena are represented and measured in statistics, how they are analyzed and what kind of conclusions statistical research can lead to. Students will also learn how to perform those analyses. This in turn means that each student will learn how to use the software tools needed to run those studies (e.g. Statistical Software) and will be provided with the necessary framing to be able to form her or his own opinions on the results in terms of reliability, soundness and interpretation. On the other hand, this first module will also implicitly propose to the students the perspective that one needs to apply when dealing with economic phenomena. The aim is making each student able to use in practice what she or he has learnt in theory during the lectures.

Main modules composing the course:

• Descriptive Statistics
• Probability Theory
• Random Variables
• Normal Distribution
• Hypothesis Testing
• Correlation Analysis
• Regression Analysis

Teaching Methods
Lecture, exercises, and group discussions.
Further Information

The course is first offered i the fall 2011

Literature

The book “Statistical Methods for Social Science”, by Allan Agresti and Barbara Finlay, is available at SL Books.