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Course Information

Applied Quantitative Methods forBusiness (MBA 502W)

Term: 2024-2025 Spring

Faculty

Pong (Paul) Chao D.B.A.
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Description

This is an applied regression analysis course in the theory and application of regression analysis of economic and other social science data. It is designed to build on the basics of introductory statistics so that students can apply advanced regression analysis techniques and demonstrate the ability to do hypothesis testing. Students develop the necessary skills to build a parsimonious model that conforms to the assumptions of classical linear regression (CLR). The course is intended to provide more of a “hands on” than theoretical approach to quantitative analysis. Students transform data to test hypotheses using different forms of regression analysis. This analysis is evaluated for attributes of a good model (parsimony, identifiability, goodness of fit, theoretical consistency, and predictive power). During a students’ evaluation of model specification, they learn how to identify and address violations of (CLR). At the completion of this course, students will have the ability to per