Descriptive Statistics and Introduction to Inference Statistics

Degree program: BSc Managment

In this course, we will understand informed decision-making in business as a research process and statistics as a tool to reduce data complexity and inform decision-making. The course follows the general approach to a research process: defining the management problem, collecting data, analyzing data, and reporting. The biggest part of the course will focus on basic concepts of statistics that can be applied to analyze data in the field of business (but potentially also in other fields). Emphasis will be placed on applying statistics to real world business problems.