Applied Analytical Models

Learning Outcomes

By the end of this unit students will be able to:

LO1. Examine applied analytical modelling methods.

LO2. Prepare a large data set for use in an applied analytical model.

LO3. Demonstrate the use of an analytical model with a large data set.

LO4. Investigate improvements to an applied analytical model.

D1 Using a case study example, critically evaluate the derived benefits from the use of an applied analytic model.

D2 Discuss the primary reasons for carrying out data transformation before input to an applied analytical model.

D3 Discuss the results of the investigation, assessing the quality of the obtained knowledge.

D4 Present the results of your investigation promoting the benefits of using applied analytical models in a business.