Data Analysis (21116)
Degree/study: Degree in International Business Economics
Year: 1st
Term: 1st
Number of ECTS credits: 6 credits
Hours of studi dedication: 107 hours
Teaching language or languages: English
Teaching Staff: Walter Garcia-Fontes
1. Presentation of the subject
Data Analysis is a course centered in the collection, organization and descriptive analysis of statistical data.
This course is also often called Descriptive Statistics. This is the most basic course in Statistics, but establishes the basis for all the statistical knowledge, and therefore it is a very important course. The acquired competences, though, apart from being useful for the future, are also instrumental for everyday use in all courses. Furthermore statistics is used in a lot of other contexts, such as the media or the administration, and probably every person knows statistics without having taken a specific statistics course.
This is a practical course where statistics is approached from an intuitive point of view, without the use of mathematical tools.
The course not only introduces the concepts and techniques related to descriptive statistics, but also practices the use of the computer for data analysis.
In short, this is a course where the basic concepts of descriptive statistics are learnt and where these concepts are worked out through practical cases and applied to the analysis of various datasets with the help of the computer.
Requirements for the learning process
The course contains all the elements to be followed, and does not presuppose any previous knowledge in statistics.
No previous mathematical knowledge are required either, except for basic mathematics needed with the most elemental algebraic operations, as well as known formulae manipulation, especially with the inclusion of summations.
The course uses the computer intensively as a tool to support the analysis and interpretation of statistical data. It is supposed that students have previous experience in computing environments, despite the fact that its use for data organization and analysis will be practiced and therefore there are no previous requirements in computing.
Value added for students
This is a basic course to get the necessary competences to support decision taking with the use of facts and data about the economic environment. It is part, therefore, of the sequence of courses that work out the instrumental competences of statistical analysis of real phenomena.
Data Analysis is the first course in statistics. This is complemented later with courses that provide the mathematical fundamentals of statistics, as well as other courses specific to business management and economics.
2. Competences to be attained
These are the competences that are worked out in the course:
Competence type |
Evaluation weight |
General/Transversal |
|
1. Oral and written communication |
2% |
competences |
|
2. Analysis and synthesis abilities |
1% |
3. Team work abilities |
1% |
4. Learning by using and |
1% |
experience |
|
5. Application of theoretical knowledge and |
1% |
analysis tools to real situations |
|
6. Abilities to work autonomously |
1% |
Specific |
|
7. Knowledge about numerical and |
|
graphical descriptive and data |
10% |
analysis techniques |
|
8. Application of numerical and |
|
graphical descriptive and data |
25% |
analysis techniques |
|
9. Use of basic computing techniques |
7% |
10. Abilities to use the computer to |
|
apply the basic numerical |
9% |
and graphical techniques |
|
11. Abilities to apply statistical |
|
techniques for problem |
40% |
solving |
|
12. Abilities for searching appropriate |
|
sources and data selection |
1% |
for the course project |
|
13. Abilities to communicate to |
|
non-expert people professional |
1% |
reports with the use of |
|
statistical data |
|
3. Assessment
The highest marks possible is 100, to be obtained according to various continuously evaluated activities and a final evaluation. Both the continuous and final evaluation will test the competences acquired during the course.
3.1. EvaluationType
Continuous evaluation
Weekly completion of tasks: Each week an independent work guide is assigned and is used to practice some of the concepts introduced in class. 5 points can be earned by the successful completion of these tasks.
Weekly tests: Weekly tests will be administered both during lectures (20 points can be earned) and during seminars (20 points can be earned), accounting for 40 points of the final grade. Tests in seminars evaluate mainly competences in the use of computer tools for data analysis which can be only evaluated in seminars, therefore they cannot be substituted by any other activity. Tests in lecture evaluate the continuous learning process during the course, and are similar to the questions to be found in the final exam, therefore they are complementary to the final exam.
It is necessary to obtain a minim of 15 points (out of 40)jointly by the lecture and seminar tests. The lowest grade in tests in lectures, as well as the lowest grade in the tests in class, either because of low performance or absence, will be discarded.
Team project: This is part of the continuous evaluation. A team project has to be developed and 20 points can be earned. The team project consists of the analysis of a consumption product chosen by the team and the use of statistical information to introduce an alternative product into the same market.
Final Evaluation A final exam is written at the end of the quarter where 40 points can be earned. The final exam is compulsory and a minimum of 15 points have to be earned.
If all lecture tests have been taken (with one absence allowed), the grades in lecture tests will be taken into account only if they improve the average with the final exam, otherwise the final exam will count 60 points (being in this case the minimum required grade 25 points).
The final exam will be composed by 8 practical questions to be answered during two hours.
3.2. Criteria to earn the course credits
To earn the credits in the course a minimum of 50 points have to be obtained, while also complying with the minim grades stated before.
This is a summary table of the evaluation criteria:
Activity evaluation |
||
Final evaluation |
Final exam
Minimum: |
40 points of the final grade (or 60 points of the grades of the lecture tests do not improve the average with the final exam) A minimum of 15 points in case the final counts over 40 or 25 in case the final counts over 60 |
Continuous Evaluation |
Continuous evaluation tests Weekly task assignments Lecture tests
Seminar tests Minimum |
5 points of the final grade 20 points of the final grade (only taken into account if they raise the final grade) 20 points of the final grade 15 points out of 40 for lecture and seminar tests |
Team project |
15 points of the final grade |
|
Total points to be earned |
100 points (A minimum of 50 points are needed and the minimum requirements for the final exam and for the weekly tests have to be met) |
4. Bibliography and teaching resources
1. Textbook: The Basic practice of statistics, David S. Moore 2nded. , W.H. Freeman, 2000.
2.Data analysis software: ODStatistics, available to download and in all computer rooms at UPF (running under Open Office).
3.Theory dossier prepared by the instructor
5. Methodology
Course organization
These are the different activities during the course:
1. 10 sessions in large lecture group for the introduction of concepts and its basic applications.
2. 8 sessions in seminar group to practice interactively the different statistical concepts introduced in the course.
3. 10 sessions of autonomous individual work.
4. Autonomous team work and team members interaction.
5. Final exam preparation.
6. Final exam writing
The work load of these different activities is the following:
1. Lectures (2 hours a week)
2. Seminars (1 hour a week, starting the third week)
3. Independent work (suggested time: 4 hours a week)
4. Team work (suggested time: 3 hours a week)
5. Final exam preparation (suggested time: 15 hours before the final exam)
6. Final exam (2 hours)
The following table shows the time that students will dedicate to this course (in average):
|
Lecture Group |
Seminar Group |
Individual Work |
Team Work |
Exam Study |
Exam load |
Weekly |
Week 1 |
2 |
|
3 |
|
|
|
5 |
Week 2 |
2 |
|
3 |
|
|
|
5 |
Week 3 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 4 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 5 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 6 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 7 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 8 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 9 |
2 |
1 |
4 |
3 |
|
|
10 |
Week 10 |
2 |
1 |
4 |
3 |
|
|
10 |
Exam Preparation |
|
|
|
|
15 |
|
15 |
Final Exam |
|
|
|
|
|
2 |
2 |
Total Hours (107) |
20 |
8 |
38 |
24 |
15 |
2 |
|
7. Planning of activities
Course calendar
Week |
Activity |
Resources |
||||
Week 1 Lecture |
Course introduction; What is statistics? |
Moore initial section |
||||
Week 2 Lecture |
Descriptive analysis of data |
Moore pag. 6-20 |
||||
Week 3 Lecture Seminar |
Test 1: Week 1 & 2 Numerical description of one quantitative variable Test: Open Office Calc; Practice case 1: one numerical variable |
Moore pag. 30-51 |
||||
Week 4 Lecture Seminar |
Data transformation; Numerical summaries of grouped data Test: ODStatistics basics; Practice case 2: boxplot |
Dossier pag 1-8 |
||||
Week 5 Lecture Seminar |
Test 2: One numerical variable analysis Computations with normal distribution First team project presentation |
Moore pag. 51-75 |
||||
Week 6 Lecture Seminar |
Analysis with two numerical variables Test: normal distribution computations; Practical case 3 |
Moore pag. 97-173 |
||||
Week 7 Lecture Seminar |
Test 3: Normal distribution Two categorical variables Test: two numerical variables; Practical case 4 |
Moore pag. 173-203 |
||||
Week 8 Lecture Seminar |
Time series Second team project presentation |
Dossier pag 42-69 |
||||
Week 9 Lecture Seminar |
Test 4: two categorical variables and combinations Inequality Test: two categorical variables; Practical case 5 |
Dossier pag. 9-14 |
||||
Week 10 Lecture Seminar |
Index number Last team project presentation |
Dossier pag. 22-41 |
Main events
Each week autonomous guided assignments have to be completed.
Week |
Event |
1 |
Seminar formation |
2 |
Team formation and project election |
3 |
Test 1 in lecture, Test 1 in seminar |
4 |
Test 2 in seminar |
5 |
Test 2 in lecture, First team presentation |
6 |
Test 3 in seminar |
7 |
Test 3 in lecture, Test 4 in seminar |
8 |
Second team presentation |
9 |
Test 4 in class, Test 5 in seminar |
10 |
Third team presentation |