# MET 3590 Method and Statistical Data Analysis

## MET 3590 Method and Statistical Data Analysis

The course gives an introduction to the research methods of social sciences and multivariate statistical data-analysis from a business-economics perspective.

After the course, the students will have obtained knowledge about:

- Knowledge of important methodological concepts and research methods (both qualitative and quantitative)
- Basic multivariate analysis
- How multivariate analysis can be used to solve problems in business-economics (research, quality control, forecasting, logistics and control, etc.)
- Limitations when the underlying statistical assumptions are violated
- The plurality of interpretation, and the uncertainty associated with multivariate data-analysis
- Programming

After the course the students will be able to:

- Understand and assess analysis and research in relation to scientific principles
- Evaluate which approaches that best suits a specific research question
- Collect, process and analyse data on the basis of scientific research methods
- Conduct multivariate data-analysis with statistical software
- Conduct and interpret the results of multiple hypothesis testing, also in the cases where the classical assumptions are not fulfilled
- Undertake model diagnostics and model selection
- Write simple programs (simple coding)

The students should acquire a conscious and critical attitude towards data, towards the results of multivariate analysis, and towards the assessment and interpretation of others' results

- Research methods and philosophy of science
- Simple and multiple regression
- Variation in functional form
- Regression with qualitative right-hand side variables via dummy variables
- Heteroscedasticity
- Analysis of categorical variables
- Dynamic analysis
- Model selection, learning and "artificial intelligence"

The course consists of 42 lecture hours, where the lectures are combined with exercises and the use of statistic software.

__E-Learning__

Where the course is delivered as an online course, the lecturer will, in collaboration with the study administration, arrange an appropriate combination of digital learning resources and activities. These activities will correspond to the stated number of teaching hours delivered on campus. The total time students are expected to spend completing the course also applies to online studies.

STATA in used the lectures, but the students are in principle free to use (for example) R, Gretl or similar instead.

__Re-sit examination__

Students that have not gotten approved the coursework requirements, must re-take the exercises during the next scheduled course.

Students that have not passed the written examination or who wish to improve their grade may re-take the examination in connection with the next scheduled examination.

Higher Education Entrance Qualification

**Disclaimer**

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

MET 2920 Statistics for economists, MET 3431 Statistics, or the equivalent.

Mandatory coursework | Courseworks given | Courseworks required | Comment coursework |
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Mandatory | 2 | 2 | As a means towards learning, two obligatory exercises must be solved and handed in during the term within deadlines that are announced before the start. Both obligatory and must be approved in order to be allowed to do the final exam. Each of the two exercises are made up of two parts, one case-based part that requires the use of statistical software, and one part that is not case-based. The publication, solution and handing in of the exercises is done via the learning management system (currently It's Learning). Feedback is given either via the learning management system and/or lectures. |

Assessments |
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Exam category: School Exam Form of assessment: Structured Test Exam/hand-in semester: First Semester Weight: 100 Grouping: Individual Support materials: - All printed and handwritten support materials
- BI-approved exam calculator
- Simple calculator
Duration: 3 Hour(s) Comment: A three-hour individual multiple-choice exam concludes the course. The questions on the exam will partially be based on a case that is published two weeks before the exam. The results from the case must be brought to the examination, since the results are needed in order to answer the questions related to the case. However, the results from the case should not be submitted. In addition to questions from case the case, the exam will also include questions from the entire syllabus. Exam code: MET35901 Grading scale: ECTS Resit: Examination every semester |

Activity | Duration | Comment |
---|---|---|

Teaching | 36 Hour(s) | |

Feedback activities and counselling | 6 Hour(s) | Instructions on the use of econometric software |

Group work / Assignments | 70 Hour(s) | |

Student's own work with learning resources | 60 Hour(s) | |

Submission(s) | 15 Hour(s) | Obligatory exercises |

Examination | 13 Hour(s) | Exam case and exam |

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.