# Statistics and data science

MGT-499 / **4 credits**

**Teacher(s): ** Chiarotti Edoardo, Gallea Quentin, Thurm Boris

**Language:** English

**Withdrawal:** It is not allowed to withdraw from this subject after the registration deadline.

## Summary

This class provides a hands-on introduction to statistics and data science, with a focus on causal inference, applications to sustainability issues using Python, and dissemination of scientific results to a broad audience.

## Content

- Exploratory Data Analysis: Data acquisition and cleaning; Descriptive Statistics; Data Visualization; Data Ethics, Bias, and Fairness
- Causal Inference: Linear Regression; Fixed effects; Non-linear Regression; Randomized Control Trial; Regression Discontinuity Design; Difference-in-Differences; Instrumental Variables
- Applications in Python to sustainability issues

## Keywords

Data Science, Statistics, Econometrics, Causal Inference, Regression, Python, Sustainability, Scientific dissemination

## Learning Prerequisites

## Recommended courses

- Analysis
- Algebra
- Probability and statistics
- Econometrics
- Introduction to Python

## Important concepts to start the course

- Basic probability and statistics knowledge (random variable, expectation, mean, conditional and joint distribution, independence, Bayes' rule, central limit theorem)
- Basic linear algebra (matrix multiplication, system of linear equations)
- Multivariate calculus (derivative w.r.t. vector and matrix variables)
- Basic programming skills (labs will use Python, basic knowledge will help)

## Learning Outcomes

By the end of the course, the student must be able to:

- Describe the main pitfalls behind data analysis
- Investigate dataset, and the problems and bias behind the data
- Explore and clean datasets
- Visualize datasets
- Decide which statistical/econometrics methods to use for a given problem
- Implement these methods in Python
- Estimate model parameters from empirical observations and confidence bounds
- Test hypothesis
- Synthesize their findings to a broad audience

## Transversal skills

- Plan and carry out activities in a way which makes optimal use of available time and other resources.
- Demonstrate the capacity for critical thinking
- Use a work methodology appropriate to the task.
- Access and evaluate appropriate sources of information.

## Teaching methods

- Lectures
- Exercice sessions: coding lab sessions
- Group projects

## Expected student activities

The students are expected to:

- attend and actively participate in lectures and lab sessions
- work on the weekly theory and coding exercises
- collaborate on group projects making use of the theory learned during lectures and code developed during lab sessions (graded)

## Assessment methods

The evaluation consists of one group project. Students will have to apply the data science and econometrics techniques learned during the class to causally answer a question related to sustainability. The grade is made of 2 deliverables:

- Mid-term project (20%): Students will have to submit a short deliverable to motivate their research question, present their exploratory data analysis, and discuss the potential issues they will face in their causal analysis;
- Final report (80%): Students will have to write a short article to present their work, targeting a broad audience.

## Supervision

Office hours | No |

Assistants | Yes |

Forum | Yes |

## Resources

## Virtual desktop infrastructure (VDI)

No

## Bibliography

- [not mandatory]
*Mostly Harmless Econometrics*, by Angrist, Josh and Steve Pischke (2008), Princeton University Press, EPFL library - [not mandatory]
*Python Data Science Handbook: Essential Tools for Working with Data*, by Jake VanderPlas (2016), O'REILLY, EPFL library - [not mandatory]
*Introduction to Computation and Programming Using Python, Revised And Expanded Edition*, by John V. Guttag (2013), The MIT Press, MIT Press - [not mandatory]
*A Primier on Scientific Programming with Python*, by Hans Petter Langtangen (2016), Springer, Springer Link

## Ressources en bibliothèque

- Introduction to Computation and Programming Using Pytho / Guttag
- Python Data Science Handbook / VanderPlas
- A Primer on Scientific Programming with Python / Langtangen
- Mostly Harmless Econometrics / Angrist

## Notes/Handbook

Slides will be made available on a Moodle page. Notebooks will be made available in a GitHub repository.

## Moodle Link

## Prerequisite for

Data Science and Machine Learning (MGT-502)

## In the programs

**Semester:**Fall**Number of places:**50**Exam form:**During the semester (winter session)**Subject examined:**Statistics and data science**Lecture:**2 Hour(s) per week x 14 weeks**Exercises:**2 Hour(s) per week x 14 weeks**Type:**mandatory