A1) Question(s) Question (1): Construct a quantitative model and apply to address a particular business problem! You

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A1) Question(s)

Question (1):

Construct a quantitative model and apply to address a particular business problem! You may select any of the models addressed in the course syllabus depending on the type of problem you want to solve.

Students are invited to prepare their group project in the form of project report in which they will present their findings.

A2) Question(s) link with CLOs:

Question	CLO 1	CLO 2	CLO 3	CLO 4	CLO 5	MARKS
1	30%	30%	0%	0%	40%	15

A3) Description of the student task:

This is group project. Groups must be composed of 3-4 students. In your group project, you should address the following:

Identify one business or general economic problem (e.g. prediction of demand, transportation between locations, sequencing different tasks in projects, or similar)
Based on the identified problem, select the appropriate quantitative decision model (e.g. forecasting, linear regression, critical path method, transport model or similar) and construct a model with variables and justify why you selected the model
Collect your data (secondary resources or your questionnaire)
Analyze the business or general economic problem using the selected
Propose some recommendations for making decision based on findings
statistical analyses should be presented
statistical data should be submitted as an appendix to the assignment

Students can choose among variety of business and economy problem from which they will construct adequate quantitative model.

You may select concrete company or country (or group of countries) to analyze their available data from different statistical databases such as:

World Bank Data https://data.worldbank.org/

World Development Indicators http://wdi.worldbank.org/tables

Global Consumption Database https://datatopics.worldbank.org/consumption/

Leaving Standards Measurements Study https://microdata.worldbank.org/index.php/catalog/lsms

or any other…

You can construct your questionnaireto get data using google forms.

These sections should be included in the report.

Introduction

Research problem should be started here!

Methodology

Model should be presented indicating what are the variables. Also, the way of getting statistical databases should be indicated, which countries (companies) are included, time horizon, etc. Justification of selected method should be highlighted and steps in conducting research.

Research Findings

Full quantitative analysis should be give here including and descriptive elaboration of the findings.

Conclusions

Based on the findings, you should present some recommendations about the research problem and how it can affect business area.

References

Literature and statistical databases used

Appendix

Used statistical data should be given in table view.

A4) Technical notes to students

be creative,
be persuasive
be critical thinker
take care of using an appropriate writing style
address all relevant issues related to the topic
use infographics and tables to improve the visual effect
distribute your text evenly between the margins (align your text from both sides)
You must use your own words and expand your answers always applying class materials and terminology. Link existing literature with practice.
The level of written English should be satisfactory (grammar, syntax)
Be very careful to avoid potential plagiarism since this is not acceptable. For this expectation, you are invited to follow commonly accepted citation & reference models and formats. Maximum similarity allowed is 20% using Safe Assign.
Minimum words 1.000

GRADING RUBRICS

Criteria	Weight	Above average (85-100%)	Average (75-85%)	Adequate (50-75%)	Inadequate (0-50%)
ContextofandPurposeforWriting	30	Demonstrates a thorough understanding of context, audience, and purpose that is responsive to the assigned task(s) and focuses all elements of the work.	Demonstrates adequate consideration of context, audience, and purpose and a clear focus on the assigned task(s) (e.g., the task aligns with audience, purpose, and context).	Demonstrates awareness of context, audience, purpose, and to the assigned tasks(s) (e.g., begins to show awareness of audience's perceptions and assumptions).	Demonstrates minimal attention to context, audience, purpose, and to the assigned tasks(s) (e.g., expectation of instructor or self as audience).
Content development	20	Uses appropriate, relevant, and compelling content to illustrate mastery of the subject, conveying the writer's understanding, and shaping the whole work.	Uses appropriate, relevant, and compelling content to explore ideas within the context of the discipline and shape the whole work.	Uses appropriate and relevant content to develop and explore ideas through most of the work.	Uses appropriate and relevant content to develop simple ideas in some parts of the work.
Genreand DisciplinaryConventions	15	Demonstrates detailed attention to and successful execution of a wide range of conventions particular to a specific discipline and/or writing task (s) including organization, content, presentation, formatting, and stylistic choices	Demonstrates consistent use of important conventions particular to a specific discipline and/or writing task(s), including organization, content, presentation, and stylistic choices	Follows expectations appropriate to a specific discipline and/or writing task(s) for basic organization, content, and presentation	Attempts to use a consistent system for basic organization and presentation.
Sourcesand Evidence	20	Demonstrates skillful use of high- quality, credible, relevant sources to develop ideas that are appropriate for the discipline and genre of the writing	Demonstrates consistent use of credible, relevant sources to support ideas that are situated within the discipline and genre of the writing.	Demonstrates an attempt to use credible and/or relevant sources to support ideas that are appropriate for the discipline and genre of the writing.	Demonstrates an attempt to use sources to support ideas in the writing.
Control of Syntax and Mechanics	15	Uses graceful language that skillfully communicates meaning to readers with clarity and fluency,and is virtually error- free.	Uses straightforward language that generally conveys meaning to readers. The language in the portfolio has few errors.	Uses language that generally conveys meaning to readers with clarity, although writing may include some errors.	Uses language that sometimes impedes meaning because of errors in usage.