QUANTITATIVE METHODS FOR MANAGEMENT
QUANTITATIVE METHODS FOR MANAGEMENT
Carmela Donato, Fabian Kurt Falk Homberg, Martina Di Cioccio
Obiettivi formativi
A central task for managers is to interpret and analyze data in order to make informed decisions that are beneficial for their firms. In order to make evidence-based decisions managers need to be able to collect, analyze and interpret data relevant to the problems their organizations face. The course thus introduces basic procedures for leveraging descriptive statistics and inference statistics to make business decisions.
Risultati di apprendimento attesi
At the completion of this course, students will be able to:
Develop research for evidence-based managerial problem solving
Compare strengths and weaknesses of different statistical procedures
Illustrate findings from statistical analyses effectively
Perform different types of data-analyses such as OLS regressions, Analysis of Variance and tests of mean differences
Interpret results of multivariate data-analysis techniques (e.g., regression, factor analysis, ANOVA)
Knowledge and understanding. The course examines the specific issues involved in developing and implementing a quantitative research to solve a managerial decision problem. Students will obtain computer skills such as SPSS for Statistics. Knowledge from this course can be also used for writing a master thesis. Students will understand how to structure a quantitative research using Qualtrics and how to test specific hypotheses using SPSS for Statitstics software.
Applying knowledge and understanding. On the basis of the theoretical classes students will be able to understand given a managerial problem which statistical technique to use in order to solve it. In particular, students will be able to understand when is the case to use a regression, an ANOVA analysis or a Factor Analysis.
Making Judgements. At the end if the course students will be able to support managerial decision making using reliable secondary and academic data, and more importantly to interpret statistical outputs aimed at providing trustworthy decisions in a managerial context characterized by uncertain environments.
Communication Skills. Students will develop a statistical vocabulary that will allow them to better communicate meaningful advice to management decision making. In particular, students will be familiar with concepts as “p-values”, “significance”, “correlation”, “causation” etc. and will be able to effectively transfer their meaning in their working environments.
Learning Skills. Will be provided, among others, team assignments in which they are called to apply the theoretical concepts discussed during the class to real business cases. In such a way students will develop organizational, time management and strategy development skills, among others.
Contenuti Del Corso
The course introduces techniques for quantitative analysis and prepares the students for their research project.
Testi Di Riferimento
Field, A. (2017). Discovering statistics using IBM SPSS statistics. London: Sage.
Hinton, P., McMurray, I., & Brownlow, C. (2014). SPSS explained. RoutledgeLinks to an external site.. (available online through Perlego)
Malhotra, N.K., “Marketing Research, An applied approach, Global Edition”, Seventh edition, ISBN-10:1292265639, ISBN-13: 978-1292265639, Pearson Prentice Hall
Metodologie Didattiche
The main teaching modalities used in this course are:
Mix synchronous and asynchronous sessions
TA consultations
Team assignments
Quizzes
One-minute essays
Modalità di verifica dell'apprendimento
Students will be evaluated on the following activities:
Graded Quiz in Week 3 covering material from week 1 to week 3 (weight 15%)
Graded Team Assignment to be submitted in week 5 (20%)
In-person evaluation (10%)
Final Quiz-Exam at the end of the course covering weeks 4-12 (30%)
You can earn up to 2 bonus point throughout the semester for completing the following activities can make you earn up to 2 bonus points at the end of the course:
W2 Problem Submission (0.5 bonus points)
W3 Survey Completion (0.5 bonus points)
W11 Moderation Analysis - Supplemental Activity (1 bonus point)
The remaining 25% of your final mark will be earned through your research project (to be developed after the quantitative methods course ends)
Criteri per l’assegnazione dell’elaborato finale
High performance in research project assignment.
Settimana 1
Week 1 - Addressing managerial problems through evidence-based management
Asynchronous or synchronous lesson
Outline why it is necessary to be knowledgeable about statistics when making business decisions
Formulate answerable questions
Outline the characteristics of different research designs
E-tivities
Self-check quiz
Online Poll
TA Session with Case Discussion
Related Material
Barends, E., Rousseau, D. M., & Briner, R. B. (2014). Evidence-based management: The basic principles
Lecture slides
Settimana 2
Week 2 - Defining Research Problems
Asynchronous or synchronous lesson
Formulate research question
Perform a literature review relevant to a chosen problem
Explain the role of theory for solving a managerial decision problem
E-tivities
Mini Literature Review (assignment)
TA Session
Research Question Quiz
Related Material
Asynchronous videos
Lecture Slides
Settimana 3
Week 3 - Theory Testing
Asynchronous or synchronous lesson
Explain the role of theory for solving a managerial decision problem
Develop hypotheses from theory
Formulate hypotheses
E-tivities
Quiz covering Module 1-3
Hypothesis Building
TA Session
Related Material
Asynchronous videos
Van de Ven, A. H. (2007). Engaged scholarship: A guide for organizational and social research. Oxford University Press. Chapter 1&3
Lecture Slides
Settimana 4
Week 4 - Variables, Measurement, Scale, Survey Design and Descriptive Statistics
Asynchronous or synchronous lesson
Recognize different types of variables
Choose between different scales for the measurement of constructs
Create (online) surveys using Qualtrics
Having an overview of SPSS
Identify, interpret and compute descriptive statistics on SPSS
E-tivities
Self-check quiz
Quizzes embedded in asynchronous videos
Self-check one-minute essay
Team assignment
Related Material
Asynchronous videos and podcasts
Lecture slides
Malhotra Book Chapters 6, 8, 9 and 10
Settimana 5
Week 5 - Factor and Reliability Analysis
Asynchronous or synchronous lesson
Understand and perform exploratory factor analyses on SPSS
Understand and perform reliability analyses on SPSS
Judge the results of exploratory factor analyses and reliability analyses
E-tivities
Self-check quiz
Quizzes embedded in asynchronous videos
Self-check one-minute essay
Self-check team assignment
Related Material
Asynchronous videos and podcasts
Lecture slides
Malhotra Book Chapter 19
Settimana 6
Week 6 - Introduction to Inference Statistics & Test Hypothesis
Asynchronous or synchronous lesson
Apply different sampling techniques
How to go from sample to the population
Discuss the meaning of significance level (i.e., difference between α and p)
How to test hypotheses by using one-sample t-tests and chi-square tests on SPSS
E-tivities
Self-check quiz
Quizzes embedded in asynchronous videos
Self-check one-minute essay
Self-check team assignment
Related Material
Asynchronous videos and podcasts
Lecture slides
Malhotra Book Chapters 7, 11 and 15
Settimana 7
Week 7 - One-way ANOVA
Asynchronous or synchronous lesson
Explain the purpose on Analysis of Variance
Understand the differences between t-test and ANOVA test
Perform a one-way ANOVA on SPSS
Interpret results of procedures on SPSS
The importance of conducting a pre-test and how to build it
Introduction to two-way ANOVA
E-tivities
Self-check quiz
Quizzes embedded in asynchronous videos
Self-check one-minute essay
Self-check team assignment
Related Material
Asynchronous videos and podcasts
Lecture slides
Paper: Amatulli, C., De Angelis, M., & Donato, C. (2019). Communicating the luxury dream: The moderating role of brand prominence on the effect of abstract versus concrete language on consumer responses.
Malhotra Book Chapter 16
Settimana 8
Week 8 - Two-way ANOVA
Asynchonous or synchronous lesson
Explain the purpose of two-way ANOVA (i.e., moderation)
Perform a two-way ANOVA on SPSS
Interpret results of ANOVA procedures on SPSS
Perform a two-way ANOVA with a continuous moderator on PROCESS
E-tivities
Self-check quiz
Quizzes embedded in asynchronous videos
Self-check one-minute essay
Self-check team assignment
Related Material
Asynchronous videos and podcasts
Lecture slides
Paper: Amatulli, C., De Angelis, M., & Donato, C. (2019). Communicating the luxury dream: The moderating role of brand prominence on the effect of abstract versus concrete language on consumer responses.
Malhotra Book Chapter 16
Settimana 9
9 – Moderation and mediation analysis
Asynchonous or synchronous lesson
Clarify the difference between a moderator and a mediator
Codifying and creating on SPSS the variables from a 2x2 experiment
Explain the purpose of mediation analysis (total, direct, and indirect effects)
Perform a moderation (continuous moderator) and a mediation on PROCESS (Models 1 and 4)
Interpret results of moderation and a mediation analysis on PROCESS
E-tivities
Self-check quiz
Quizzes embedded in asynchronous videos
Self-check one-minute essay
Self-check team assignment
Office Hour
Related Material
Asynchronous videos and podcasts
Lecture slides
Paper: Amatulli, C., De Angelis, M., & Donato, C. (2019). Communicating the luxury dream: The moderating role of brand prominence on the effect of abstract versus concrete language on consumer responses.
Malhotra Book Chapter 16
Settimana 10
Week 10 - Linear Regression
Asynchronous or synchronous lesson
Explain the purpose of OLS regression
Perform OLS regression (in Excel & SPSS)
Interpret OLS regression coefficients
Interpret OLS regression model fit statistic
E-tivities
Regression on self-collected dataset
Assessment Quiz on Regression Output
Related Material
Arkes, J. (2019) Regression Analysis. 1st edn. Taylor and Francis
Lecture Slides
Settimana 11
Week 11 - Integrating Moderation effects into regressions
Asynchronous or synchronous lesson
Explain moderation effects
Perform moderation analysis as part of OLS regression (in Excel & SPSS)
Interpret results of moderation analysis
E-tivities
Regression on self-collected dataset
Data crunching with TA
Related Material
Asynchronous videos
Regression with a moderator 101
IBM SPSS for Intermediate Statistics Chapter 7
Settimana 12
Week 12 - Logistic Regression
Asynchronous or synchronous lesson
Understand the purpose of logistic regression
Perform logistic regression
Interpret logistic regression coefficients
Interpret logistic regression model fit statistics
E-tivities
Supplemental Activity: Logistic Regression
Logistic Regression Demonstration with TA
Final Graded Quiz
Related Material
Asynchronous videos
Lecture slides
Chapter 10 from Denis, D. J. (2018). SPSS data analysis for univariate, bivariate, and multivariate statistics. John Wiley & Sons.