Learning objectives / skills:
After completing this module, students are able to transfer business/management-related questions into suitable experimental designs, to model and evaluate them using appropriate software and to interpret the results with regard to the application. They work on problems independently in small groups using statistical software (R, Jamovi, SPSS) and briefly present their results. After completing this module, students recognize the necessity of an understanding of the quantitative aspects behind business management issues.
Contents:
- Repetition of the concept of statistical tests
- Two-sample t-test, paired t-test, Kruskal-Wallis test
- Decomposition of total variance, internal and external variance
- Normal distribution, t-distribution, chi-squared distribution, F-distribution and relations between distributions
- One-way and factorial ANOVA
- Blocking factors, repeated measures
- Random and fixed effects
- Post hoc tests
- Model adequacy checking, in particular residual analysis
Teaching and learning methods:
- Seminar-based teaching
- Self-directed learning