DATA ANALYSIS FOR BUSINESS

Kevyn Stefanelli

Obiettivi formativi

Provide students with practical skills to work with and summarize datasets, aiming to provide business insights.

Prerequisiti

The courses “Statistics” (https://www.luiss.edu/cattedreonline/corso/BA06/C/L25BABASE/2025) and “Applied Business Statistics” (https://www.luiss.it/cattedreonline/corso/BA012/A/L21BABASE/2025) are mandatory prerequisites for this course (first and second year of the degree in Business Administration, respectively). Also, basic Python programming is required.

Risultati di apprendimento attesi

The students will have a great ability to use statistics to provide business insights. Also, the continuous assessment program will enhance the student's skills in Python.

Contenuti Del Corso

Python brief recap; Principal Component Analysis; Panel data regression; Univariate time series models; Basic of Machine Learning.

Testi Di Riferimento

[SW] Stock, J.H. and Watson, M.V. (2020), Introduction to Econometrics, 4th edition (or earlier), Pearson [ISL] James, G., Witten, D., Hastie, T., Tibshirani, R., and Taylor, J. (2023), An Introduction to Statistical Learning with Python, Springer [HA] Hyndman, R.J., Athanasopoulos, G., Garza, A., Challu, C., Mergenthaler, M. and Olivares, K.G. (2026), Forecasting: Principles and Practice, the Pythonic way, freely available online at: https://otexts.org/fpppy/ Course material

Metodologie Didattiche

Theory + Practical classes.

Modalità di verifica dell'apprendimento

Midterm test (30%, written) + Group project (40%, oral presentation) + Final exam (30%, written)

Criteri per l’assegnazione dell’elaborato finale

TBD

Settimana 1

Python recap; Principal Component Analysis ISL chapter 12.2 HA appendix

Settimana 2

Principal Component Analysis ISL chapter 12.2

Settimana 3

Panel regression SW chapter 10.1-10.2

Settimana 4

Panel regression SW chapter 10.3

Settimana 5

Panel regression SW chapter 10.4

Settimana 6

Panel regression SW chapter 10.5

Settimana 7

Time series models SW chapter 15.1-2 HA chapter 9 Midterm test

Settimana 8

Time series models SW chapter 15.3 HA chapter 9

Settimana 9

Time series models SW chapter 15.6-7 HA chapter 9

Settimana 10

Time series models HA chapter 9

Settimana 11

Intro to Machine Learning

Settimana 12

Intro to Machine Learning; Course Recap Project presentations