Teaching code

4S00522

Academic staff

Andrea Mercatanti

Coordinatore

Flavio Santi

Credits

6

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-S/03 - ECONOMIC STATISTICS

Period

primo semestre (lauree magistrali) dal Oct 4, 2021 al Dec 17, 2021.

Lessons timetable Moodle Seminars

Learning outcomes

The course aims at providing participants with the knowledge of statistical tools useful for analysing business phenomena, both with reference to market dynamics and management aspects. The contents of the course are structured so as to broaden the participants' statistical knowledge and strengthen the awareness with which they apply the statistical methods to the business context. The course aims to provide the tools for understanding and contributing to all stages of the statistical production process: from the data collection stage and the integration of statistical sources of data, to the analysis and production of results and evidences useful for the decision-making process of firms. The applicative approach of the course favours the development of skills for analysing and interpreting business phenomena through a critical use of statistical methodology.

Program

Data sources and statistical information for business:
- primary and secondary data
- internal and external sources of data
- probabilistic sampling for market survey

Economic and business indicators:
- statistical ratios
- simple and composite index numbers
- turnover rates

Business forecasting:
- smoothing techniques: moving averages and exponential smoothing
- techniques for decomposing economic time series applied to business forecasting

Introduction to statistical quality control:
- process capability ratios
- control charts for variables

Multivariate statistical analysis for business data and company business performances:
- simple linear regression models
- multiple linear regression models
- logistic regression models
- principal components analysis on accounting ratios

Lecture slides and other learning materials are available on the e-learning website.

Bibliography

Examination Methods

The assessment of learning outcomes consists in a written examination and, possibly, an oral examination.

Examination purposes

The written examination assesses the level of knowledge of the course topics, the ability to apply statistical methods for business and the interpretation of results.


Structure of the examination

The examination consists of multiple choice questions, questions which requires a numerical response, and open-ended questions. All kinds of questions may be focussed on theoretical and methodological issues, may consist in exercises, or may require the student to discuss and analyse some practical problem using notions and tools learned throughout the course.

All students getting a grade equal to or larger than 15/30 are allowed to take an optional oral examination which completes the evaluation of the acquired knowledge. The final grade may be equal, higher or lower than the grade got on the written part of the exam.


Assessment criteria

The examination score is on a 30-point scale (passing mark: 18).