Semester: 1
ECTS: 4
Lectures: 30
Practice sessions: 30
Independent work: 60
Module Code: 23-02-502
Semester: 1
ECTS: 4
Lectures: 30
Practice sessions: 30
Independent work: 60
Module Code: 23-02-502

Module title:


Quantitative methods and modeling

Lecturers and associates:


Mirko Talajić, Lecturer
Siniša Urošev

Module overview:


Students will learn the theoretical and practical foundation of quantitative methods.

Students will learn to:
• Choose and apply appropriate methosd of descriptive statistics and interpret results.
• Choose and apply appropriate methods of parameter estimation and statistical tests and interpret results.
• Formulate research hypotheses, evaluate them using statistical methods, and summarize the results in a research paper.

This module will enable students to independently apply quantitative analysis and through examples and exercises develop the knowledge, understanding and skills of modelling realistic problems.


Literature:


Essential reading:
1. Albright, S. Ch., Winston, W. (2015). Business Analytics: Data Analysis and Decision Making, 5th Edition. Andover: CENGAGE Learning.