Introduction The objective of this course is not only that you understand the theory (math) behind statistical
Introduction
The objective of this course is not only that you understand the theory (math) behind statistical analyses, but also that you demonstrate how to apply them appropriately to practical situations in business. As such, the term project is a vital component of the course and should represent the pinnacle of your work in this course (more so even than the final exam).
For the term project, you will
- Choose a data-driven, business-related topic you are interested in from the list below;
- Investigate and do background research on the issue;
- Gather data (or find suitable pre-existing datasets);
- Perform appropriate in-depth statistical analyses on the data (e.g., in Excel);
- Present your results in a 15-min in-class presentation; and
- Present your results in a well-written, clearly organized paper.
In the business world you will often (nearly always) need to work in teams, and so in this project you will be expected to work in teams of 2-4 students. Everyone in your group will get the same mark for the project, and once the project proposal is submitted, the team cannot be disbanded -- so choose your teammates wisely! Learning how to work in a team is one of the main objectives of this project; it is not easy, but it is important and worth the effort
Topics
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Multiple Regression
(possibly with non-linear variables):
Conduct a multiple regression study, and report on the results. Be sure to examine and discuss possible interaction effects.
Deliverable: Word Document
