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Institution:
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Babson College
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Subject:
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Description:
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3.00 credits QTM2421 Honors Applied Quantitative Modeling (Intermediate Liberal Arts) This course explores ill-defined problems using algebraic, spreadsheet, graphical, and statistical models. The focus is on understanding basic mathematical and modeling principles through the analysis of real data. Emphasize communicating in -context interpretations of the results of analysis in written, visual, and oral form. A foundation in the principles of marginal analysis (differential calculus), introductory statistics, and use of spreadsheets is essential because these concepts are extended and reinforced throughout the course. Topics include multiple linear regression, time series analysis (including decomposition techniques), process control and total quality management, basic decision analysis, simulation, and applied financial modeling. Emphasizes the use of appropriate software and the latest technological methods for accessing data. Students will be expected to produce analyses and write-up cases involving real data. Prequisite: QTM1310 or QTM1311
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(781) 235-1200
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Semester
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