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Thinking with Data (2235.YR.014110.1)

General information

Type:

OPT

Curs:

1

Period:

S semester

ECTS Credits:

3 ECTS

Teaching Staff:

Group Teacher Department Language
Year 1 Uri Simonsohn Operaciones, Innovación y Data Sciences ENG

COURSE CONTRIBUTION TO PROGRAM

This course focuses less on technical aspects of data analysis and more on conceptual ones. Thinking with data is what we do before and after running the statistical tools students learn in other courses. The course content is primarily based on the following three sources of information:
(1) Psychological research on people's incorrect intuitions about data and randomness,
(2) Practical tools empirical researchers have developed, mostly in medicine, economics, and political science, to make firmer causal inferences from data. These tools are useful also for everyday decision making in organizations but solve problems that are typically assumed away in traditional statistical textbooks and courses, and
(3) Foundational statistical concepts which are also useful for everyday decision making in organizations but which are usually too abstractly covered to be implemented in everyday practice (e.g., statistical power, practical vs statistical significance, concluding something does not exist vs failing to conclude it does, etc.).

Course Learning Objectives

Improve students' ability to:
1) Figure out what is the right way to ask a given question from data, and
2) Understanding what question a given analysis is actually answering.
For example, say a company rolls out a promotion to increase sales. Comparing sales before and after the promotion does not tell us if it was successful.
This course helps students better understand what question the before after comparison does answer, and how to adequately asses if the promotion worked.



CONTENT

1. Content

1) A "track record" framework for thinking about statistical inference
2) Simulations, montecarlo & resampling.
3) Statistical challenges in A/B testing
4) Regression to the mean and the evaluation of interventions
5) Getting casuation from correlation
6) Reducing random error

Methodology

Lecture discussion and hands-on analysis of data in class.

Assessment criteria

Quiz 1: 40%
Quiz 2: 40%
Class engagement: 20%
The lowest quiz's weight is lowered by 10%, the highest quiz's weight is increased by 10%

Bibliography

There is no textbook for this course. For most classes background readings will be recommended rather than required.
They will not cover the same material that's covered in class.

Timetable and sections

Group Teacher Department
Year 1 Uri Simonsohn Operaciones, Innovación y Data Sciences

Timetable Year 1

From 2024/2/13 to 2024/2/27:
Each Tuesday from 15:30 to 17:00. (Except: 2024/2/20)
Each Tuesday from 17:15 to 18:45. (Except: 2024/2/20)
Each Friday from 10:30 to 12:00. (Except: 2024/2/16)
Each Friday from 8:45 to 10:15. (Except: 2024/2/16)

From 2024/3/4 to 2024/3/11:
Each Monday from 9:00 to 12:00. (Except: 2024/3/4)
Each Monday from 14:15 to 15:45. (Except: 2024/3/11)
Each Monday from 16:00 to 17:30. (Except: 2024/3/11)

From 2024/3/12 to 2024/3/22:
Each Tuesday from 15:30 to 17:00.
Each Tuesday from 17:15 to 18:45.
Each Friday from 10:30 to 12:00. (Except: 2024/3/15)
Each Friday from 8:45 to 10:15. (Except: 2024/3/15)

Tuesday2024/4/2:
From 15:30 to 17:00.
From 17:15 to 18:45.