501133 - MARKETING APPLICATIONS

Subject type: Mandatory

Coordinator: Monica Juliana Oviedo León

Trimester: First term

Credits: 4

Fundamental analysis tools within the scope of a Strategic Marketing Plan, through the application of metrics that serve as support in the company's decision-making and in the application of management indicators. Study of the instruments of descriptive statistics to organize, summarize, deepen and present the information coming from secondary or own sources and to make inference by means of the same.

Understand and apply the basic concepts of statistical probability and inference, basic statistical calculations and the computer tools that facilitate them.

Theoretical sessions
MD1.Master class: Expository class sessions based on the teacher's explanation attended by all students enrolled in the subject
MD3. Presentations: Multimedia formats that support face-to-face classes
 

Guided learning
MD5. Seminars: Face-to-face format in small work groups (between 14 and 40). These are sessions linked to the face-to-face sessions of the subject that allow to offer a practical perspective of the subject and in which the participation of the student is key.
MD6. Debates and forums: Face-to-face or online conversations, according to the objectives that the teacher responsible for the subject pursues. 
MD7. Case study: Dynamics that starts from the study of a case, which serves to contextualize the student in a specific situation, the teacher can propose different activities, both individually and in groups, among their students
 

Autonomous learning
MD9. Solving exercises and problems: Non-contact activity dedicated to solving practical exercises based on the data provided by the teacher
MD10. Research and critical reading of articles. Students start from a working hypothesis that they will develop, following the phases of the research methodology, including the critical reading of articles.

 The classroom (physical or virtual) is a safe space, free of sexist, racist, homophobic, transphobic and discriminatory attitudes, either towards students or teachers. We trust that together we can create a safe space where we can make mistakes and learn without having to suffer the prejudices of others.

Topic 1

• Introduction
  • What are and why are marketing metrics important?
  • What is statistical inference.

Topic 2

• Metrics in marketing.
  • Basic metrics.
  • Web and social media metrics.

Topic 3

• Estimation of population parameters
  • Distribution of the mean of random variables: Central Limit Theorem.
  • Punctual estimation of the population average.
  • Punctual estimation of the population proportion.
• Confidence intervals of population parameters
  • Standard error. Estimation by intervals. Confidence level. Estimation error.
  • Confidence intervals of the population average.
  • Confidence intervals of population proportion.
  • Confidence intervals of the difference in population averages.
  • Confidence intervals of the difference in population proportions
• The sample size
  • Relationship between sample size and estimation error.
  • Calculation of sample size to estimate the mean or population proportion.

Topic 4

• Contrast of statistical hypotheses
  • Concepts of null hypothesis and alternative hypothesis. Significance level, Type I error (alpha), Type II error (beta). P-value. Critical value. Zone of rejection of the null hypothesis.
  • Contrast of the population average.
  • Contrast of the population proportion.
  • Contrast the difference in population means for independent samples.
  • Contrast the difference in population proportions for independent samples

Topic 5

• Analysis of variance to a factor
  • Comparison of more than two population averages.
  • Analysis of variance (ANOVA).
• Contingency Tables
  • Attribute independence test.
  • The Ji-Square distribution.

Topic 6

• Multivariate analysis (I)
  • Regression Analysis
  • Factor analysis
  • Cluster analysis

AF1. Theoretical sessions
AF3. Work in group
AF4. Individual work
AF5. Personal study
AF10. Search, read and prepare reviews / text comments on bibliography / information through ICT / virtual platform.

- SE2. Individual and Group Work 30% (Theoretical Exercises within each topic)

- SE5. (Portfolio), SE3 (Presentations and Exhibitions) 10% (Case Studies, Reading Control, Presentation of the results of the Group Exercises, Discussion of Articles and Class Participation)

- SE4. 60% Final Exam

To pass the course you must obtain a grade equal to or higher than 4/10 in the final exam, and that the average of the continuous assessment and the exam is higher than 5/10.

There will be a recovery at the end of the quarter. Only the Final Exam grade will be recovered, so 40% of the grade is unrecoverable.

Kohler, U. and Kreuter, F. (2012) Data Analysis Using State, Third Edition, State Press

Farris, Paul W., Neil T. Bendle, Phillip E. Pfeifer, and David J. Reibstein (2015). Marketing Metrics: The Definitive Guide to Measuring Marketing Performance. 3rd ed. Pearson Education.

Backhaus, K., Erichson, B., Gensler, S., Weiber, R., & Weiber, T. (2021). Multivariate Analysis. Wiesbaden: Springer Gabler. in Springer Fachmedien Wiesbaden GmbH.

Lind, DA; Marchal, WG; Wathen, SA, et. at the. (2012) Statistics applied to business and the economy, 15ª ed. Mc Graw Hill.

Doncel, Alejandro Domínguez, and Gemma Muñoz Vera (2010). Marketing Metrics. Pozuelo De Alarcón (Madrid): ESIC.

J., Arriaza Gómez A. et. At the. (2008) Basic Statistics With RY R-Commander. Cádiz: Universidad De Cádiz, Servicio De Publicaciones.