All programmes > Course: Managerial Statistics

Managerial Statistics (B-KUL-D0H19A)

6.0 ECTS Dutch 45.5 Second termSecond term Basic Cannot be taken as part of an examination contract
Croux Christophe
POC Bachelor FEB

Aims

To familarize the business engineering student with the principles of explicative statistics.
Given the insecurity which comes with each business decision, a thorough knowledge of statistics is indispensable for an applied economist.

Previous knowledge

The course requires a thorough mathematical basis as provided in the first candidature of business engineering. A basis of probability calculus is required as well (course "Lineaire programmering en kansrekenen"). Moreover a mentality towards general analytical thinking is a plus.

Course material

Toledo / e-platform
Syllabus

Order of Enrolment


This course unit is a prerequisite for taking the following course units:
D0H26A : Production and Logistics Management (HIR)

Is also included in other courses

Activities

6.0 ects. Managerial Statistics (B-KUL-D0H19a)

6.0 ECTS Dutch 45.5 Second termSecond term
Croux Christophe
POC Bachelor FEB

Content

1. Classical explicative Statistics

  • Sample surveys, sample index numbers, distribution of (functions of) sample index numbers, central limitation
  • Point estimations and their qualities, methods of point estimation
  • Reliability intervals of average(s), variance(s), proportion(s), correlation
  • Tests of hypotheses for average(s), variance(s), proportion(s), correlation
  • Multinomial populations: cross tables, homogenity
  • Tests of postulated distribution function

2. Non-parametric methods
3. Computer-intensive methods: the bootstrap
4. The simple linear regression model
  • Qualities of smallest square estimators
  • Statistical interference

5. The multiple linear regression model
  • Multicollinearity, heteroscedasticity, misspecification, autocorrelation
  • Use of dummy variables

6. Variance analysis

Evaluation

Evaluation : Managerial Statistics (B-KUL-D2H19a)

Mode of evaluation : Written
Category : final examination during examination period
Type of evaluation : Closed book, Assessment exercises