Applied Business Statistics

2022/2023

Content, progress and pedagogy of the module

The module introduces different types of data with relevance to business economists. In addition, the student is enabled to read and understand, process and present and critically relate to statistics at a basic level in relation to statistical material of relevance to business economists. 

The student is introduced to basic statistical concepts and methods in order to present different variables (e.g. numerical and categorical) as well as the relationship between two variables.

Learning objectives

Knowledge

The objective is that the student after the module possesses the necessary knowledge on:

  • different data types and sources of relevance to business economists.
  • methods for processing and presenting different types of variables.
  • techniques for presenting and interpreting the relationship between two variables.

Skills

The objective is that the student after the module possesses the necessary skills in:

  • retrieving relevant data from databases and processing and preparing data, including data cleansing, conversions and processing missing observations.
  • making simple statistical calculations for one and two variables using software.
  • presenting data (including visually) and critically engage with the presentation of descriptive statistics of one or two variables.

Competences

The objective is that the student after the module possesses the necessary competences in:

  • independently apply descriptive statistics as an analytical tool for business issues.
  • carry out data processing in a business context, including the preparation, presentation and interpretation of descriptive statistical analyses.
  • critically evaluate the meaning of basic descriptive statistics (including the statistical distribution of variables) and the relationship between two variables.

Type of instruction

For information see § 17.

Exam

Prerequisite for enrollment for the exam

  • It is a prerequisite for exam participation that the student has handed in specified assignments.
  • If the student has not fulfilled the above prerequisite for participation in the ordinary examination, then it must be fulfilled to participate in the re-examination.

Exams

Name of examApplied Business Statistics
Type of exam
Written or oral exam
Individual examination.
ECTS5
Assessment7-point grading scale
Type of gradingInternal examination
Criteria of assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Facts about the module

Danish titleAnvendt statistik for erhvervsøkonomer
Module codeBAEØK20223
Module typeCourse
Duration1 semester
SemesterAutumn
ECTS5
Language of instructionDanish
Location of the lectureCampus Aalborg
Responsible for the module

Organisation

Study BoardStudy Board of Economics and Business Administration
DepartmentAAU Business School
FacultyFaculty of Social Sciences and Humanities