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2012/2013  BA-HAS_MIII  Methods III – Statistics and quantitative methods

English Title
Methods III – Statistics and quantitative methods

Course information
Language English
Exam ECTS 7.5 ECTS
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 03-09-2012
Learning objectives
Through this course the students should be able to:
  • Explain different kinds of measurement of characteristics (types of variables), and sampling biases.
  • Illustrate, calculate, and interpret descriptive statistics (mean, median, variance, stan-dard deviation) on numerical variables.
  • Explain and discuss the concept of probability, and relate to measures of critical val-ue, confidence interval and p-value. Understand the concept of inference.
  • Based on these concepts and measures, perform appropriate significance tests for the mean and for comparing means (for example average incomes by two groups).
  • Perform significance tests for proportions of values of categorical variables (fx. shares of votes in an election or preferences for various products), and for the association between two categorical variables (fx. gender and prefe-rences).
  • Explain and illustrate the concept of correlation between numerical variables, and compute a correlation coefficient (for example between household income and spending on a specific product).
  • Explain the logic of regression analysis and explain the difference between correlation and regression analyses. Formulate and discuss adequate regression models for explaining phenomena.
  • Perform simple (linear and non-linear) regression analyses, and further multivariate regression. Interpret regression coefficients (through standard errors, p-values etc.) and the determination coefficient R2, and investigate residuals.
  • Include categorical (dummy) variables as explanatory variables.
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:
Type of test Written Exam
Marking scale 7-step scale
Second examiner Second internal examiner
Exam period Autumn Term
Aids Please, see the detailed regulations below
Duration 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, 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
Course content

The course address established statistical methods for representing and analyzing quantitativedata, primarily survey data. The focus is on application of methods, not on statistical theory.
Students will learn how phenomena are measured statistically and what kind of conclusions statistical research can lead to.
Also, students will learn how to perform these analyses. The statistical software is Microsoft Excel which allows for basic analyses and understanding, and Excel is common software immediately at hand.

Main modules composing the course are:

• Descriptive Statistics
• Probability
• Hypothesis Testing (on differentials in mean and proportions)
• Correlation Analysis
• Regression Analysis (the most extensive topic)
Teaching methods
Lectures and, extensive Homework Exercises.
Student workload
Classes 30 hours
Reading and Homework exercises 140 hours
Preparation for written exam 55 hours
Expected literature
  • Alan Agresti and Christine Franklin: ‘Statistics. The Art and Science of learning from Data’, 3rd Edition. Pearson Education International. Chapters 1, 3, 4, and 6-13. Exclusive of sections 4.3 and 6.3. Section 13.6 is summary reading. 420 pages
     
  • Notes on Excel statistical functions.20 pages(to be downloaded from Learn)

Please note, minor changes may occur. The teacher will upload the final reading list to LEARN two weeks before the course starts.

Last updated on 03-09-2012