11

STATISTICS FOR BUSINESS STATISTICS FOR BUSINESS DECISION MAKINGDECISION MAKING

Academic year 2015-2016Academic year 2015-2016University of SienaUniversity of Siena

Dott. Francesca GagliardiDott. Francesca Gagliardi

22

ISSUES OF THE COURSEISSUES OF THE COURSEThe course provides a panoramic view of The course provides a panoramic view of the most important statistical tools that the most important statistical tools that allow performance measurement. allow performance measurement. It allows students to reach the necessary It allows students to reach the necessary skills in order to take decisions under skills in order to take decisions under uncertainty when a large amount of uncertainty when a large amount of quantitative and qualitative information quantitative and qualitative information are available. are available. The core of the course are statistical The core of the course are statistical methods for business decision making. methods for business decision making.

33

BACKGROUNDBACKGROUND

It is a course of advanced statistics, It is a course of advanced statistics, even if more conceptual aspects are even if more conceptual aspects are given than mathematical-statistical given than mathematical-statistical ones. ones.

Elements of basic Elements of basic descriptive and descriptive and inferential statistics are inferential statistics are neededneeded..

44

MATERIAL FOR THE COURSEMATERIAL FOR THE COURSE

There is not a unique book.There is not a unique book.

Slides from the professor will be Slides from the professor will be provided for each lesson and with provided for each lesson and with them also references to textbooks.them also references to textbooks.

55

GENERAL INFORMATIONGENERAL INFORMATION

SCHEDULED LESSONSSCHEDULED LESSONSThe course begin the 28th of September 2015 with The course begin the 28th of September 2015 with

the following timetable:the following timetable:– Monday 8.30 Room A11Monday 8.30 Room A11– Tuesday 10.00 Room A1Tuesday 10.00 Room A1– Friday 8.30 Room A11. Friday 8.30 Room A11.

66

GENERAL INFORMATIONGENERAL INFORMATION

EXAMEXAM– MID TERM EXAMSMID TERM EXAMS

Two mid term written exams are Two mid term written exams are foreseen. The first at the end of the 6 foreseen. The first at the end of the 6 credit program, the second at the end of credit program, the second at the end of the course.the course.

– FINAL EXAMSFINAL EXAMS

All the exams are written.All the exams are written.

77

GENERAL INFORMATIONGENERAL INFORMATION

MEETING WITH PROFESSORMEETING WITH PROFESSORThe professor can meet students every The professor can meet students every Tuesday before the lesson from 9 to 10 Tuesday before the lesson from 9 to 10 a.m.a.m.

CONTACTSCONTACTS– E-mail: E-mail: gagliardi10@unisi.it– Phone: 0577 232646Phone: 0577 232646

88

Review of basic statisticsReview of basic statistics

The course begins with a review of The course begins with a review of basic statistical concepts needed for basic statistical concepts needed for the development of the program. It is the development of the program. It is a very quick review of statistical a very quick review of statistical concept that you should already concept that you should already know.know.

99

Then, we will deal with…Then, we will deal with…Marketing samplesMarketing samplesSimple and multiple linear Simple and multiple linear regresssionregresssionIndex numbersIndex numbersBalanced scorecard systemBalanced scorecard systemPerformance measurmentPerformance measurmentFrontier production analysisFrontier production analysisTotal and partial productivity indexesTotal and partial productivity indexes

1010

……

External efficiencyExternal efficiency

Here the course for 6 CFU ends.Here the course for 6 CFU ends.

Then for the remaining 3 CFU:Then for the remaining 3 CFU:

Logit modelLogit model

Factor analysisFactor analysis

For all: PC applicationsFor all: PC applications