ØAMET2200 Business Decision-Making Using Data Emneplan

This course aims to provide students with an understanding of how data and statistical analysis can improve economic, managerial and business decision making. Students will learn how to develop empirical questions, collect and organize relevant quantitative data, apply appropriate statistical methods, and ultimately, make better business and policy decisions. The course will draw on a wide range of business and economic applications, such as finance, advertising, internet retailing, and human resources.

ØAMET1100 or equivalent

Vurderingen skjer i form av en individuell oppgave, gitt som hjemmeeksamen over 1 dag (24 timer), i slutten av semesteret.

• Knowledge: The student has
  • A theoretical understanding of quantitative methods for analyzing data
  • An understanding of the role of empirical evidence in evaluating economic, managerial, and business problems
  • An understanding of the strengths and weaknesses of different statistical methods
• Skills: The student can
  • Formulate empirical questions
  • Gather, obtain, and organize quantitative data
  • Conduct statistical analysis using software
  • Interpret statistical results
• General Competence: The student can
  • Think critically and understand the role of assumptions in arguments
  • Communicate effectively about economic, managerial, and business issues
  • Develop a well-organized argument that states assumptions and hypothesis, which are supported by evidence
  • Use and appropriately cite different data sources

Gradert skala A-F.

Ekstern sensor vil, i tillegg til å godkjenne eksamensoppgaven, sensurere besvarelsene sammen med intern sensor.

An individual, written 4-hour exam will be held at the end of the semester.

A list of reference aids allowed will be published on our website.

Letter grading A to F.

The exam papers will be assessed by an internal and an external examiner. A selection of at least 25% of the exam papers will be assessed by two examiners. The grades awarded to exam papers assessed by the external and internal examiner will be used to determine the level of all exam papers.