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