Business Analytics & Econometrics
Degree program: MSc Logistics & SCM
Which model has the highest explanatory power for a specific case? Is there empirical evidence for a presumed relationship? How to measure relationships among variables with different levels of measurement or among many variables simultaneously? This course will introduce you to setting up and to estimate econometric models that can be used to quantify relationships, to test theories, or to make forecasts. Exercises and the assignment will show you how to apply the statistical tools for real-world problems.