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Applied Business Statistics

Niveau

1st study cycle, Bachelor

Learning outcomes of the courses/module

The participants:
• can independently analyze empirical data using suitable statistical methods and interpret the results.
• can explain the differences between descriptive and inferential statistics.
• can identify key statistical procedures and implement them independently.
• can analyze and answer questions from business practice using statistical methods.
• can competently use the Microsoft Excel software package for a variety of data analyses and, if needed, fall back on alternative software such as SPSS or R.
• can create and interpret concentration measures for analyzing, for example, income inequality.

Prerequisites for the course

None

Course content

• Basic concepts of statistics
• Univariate and multivariate data description
• Fundamentals of probability theory and theoretical distributions
• Estimation procedures and statistical tests
• Software such as MS Excel (in depth) and/or SPSS/R (on an illustrative basis)
• Gini coefficient and Herfindahl index

Recommended specialist literature

• Krickhahn, Thomas; Statistik für Wirtschafts- und Sozialwissenschaftler für Dummies. ‎ Wiley-VCH (neueste Ausgabe)
• Lübke, Karsten & Vogt, Martin; Angewandte Wirtschaftsstatistik: Daten und Zufall; Springer Gabler (neueste Ausgabe)
• Wewel, Max & Blatter, Anja; Statistik im Bachelor-Studium der BWL und VWL: Methoden, Anwendung, Interpretation. Pearson Studium (neueste Ausgabe)

Assessment methods and criteria

Portfolio assessment

Language

German

Number of ECTS credits awarded

5

Semester hours per week

Planned teaching and learning method

Blended learning

Semester/trimester in which the course/module is offered

2

Type of course/module

Type of course