Course: Basics of Quantitative Methods

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Course title Basics of Quantitative Methods
Course code MUSKM/1ZKME
Organizational form of instruction Lecture + Lesson
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 3
Language of instruction English
Status of course Compulsory, Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Urbánek Tomáš, Ing. Ph.D.
  • Kunčar Aleš, Ing.
Course content
The basics of numerical methods, matrix calculus, linear programming, sensitivity analysis, scenarios and simulations will be discussed in the form of practical tasks in the seminars: - Calculation of Roots of Quadratic Equations - Trend Analysis - Analysis of the Dow Jones Index - Financial Functions, Evaluation of Investment - Analysis of the Functions of Total Costs, Total Revenues, Marginal Revenues, Profit Maximization - Determination of the Optimal Equity Portfolio - Sensitivity Analysis - Integration Methods: Calculating the Price of New Paint Pool - Evaluation of Questionnaire Survey: Descriptive Statistics, Correlation Analysis - Regression Analysis, Using the Matrices - Analysis of Extracts of Telephone Calls

Learning activities and teaching methods
Lecturing, Exercises on PC, Practice exercises
  • Participation in classes - 26 hours per semester
  • Home preparation for classes - 13 hours per semester
  • Preparation for course credit - 62 hours per semester
learning outcomes
Knowledge
Defines the principle of questionnaire survey
Defines the principle of questionnaire survey
Clarifies the differences between data types
Clarifies the differences between data types
Defines the principle of statistical hypothesis testing
Defines the principle of statistical hypothesis testing
Explains the principle of basic statistical tests
Explains the principle of basic statistical tests
Clarifies the concept of data reporting
Clarifies the concept of data reporting
Skills
Develops research questions and hypotheses
Develops research questions and hypotheses
Develops a questionnaire survey
Develops a questionnaire survey
Decides which statistical test is appropriate for statistical hypothesis testing
Decides which statistical test is appropriate for statistical hypothesis testing
Applies software for evaluation of statistical test
Applies software for evaluation of statistical test
Interprets the results of a statistical test
Interprets the results of a statistical test
teaching methods
Knowledge
Practice exercises
Lecturing
Practice exercises
Exercises on PC
Exercises on PC
Lecturing
assessment methods
Analysis of the student's performance
Grade (Using a grade system)
Analysis of the student's performance
Grade (Using a grade system)
Recommended literature
  • Curwin,J., Slater,R., Eadson,D. Quantitative Methods for Business Decisions. 7th ed. Andover, UK, Cengage Learning, 2013. ISBN 978-1-480-6012-4.
  • Knight, Gerald. Analyzing business data with Excel [elektronický zdroj]. Sebastopol, CA : O´Reilly Media, 2006. ISBN 978-0-596-10073-5.
  • Liengme, B. V. A guide to Microsoft Excel 2007 for scientists and engineers. Amsterdam ; Boston : Academic Press/Elsevier, 2009. ISBN 978-0-12-374623-8.
  • MacDonald, Matthew. Excel 2007 [elektronický zdroj] : the missing manual. Sebastopol, CA : Pogue Press/O´Reilly, 2007. ISBN 978-0-596-52759-4.
  • Proctor, K. Scott. Building financial models with Microsoft Excel : a guide for business professionals. 2nd ed. Hoboken, NJ : Wiley, 2010. ISBN 978-0-470-48174-5.
  • Remenyi, D., Onofrei, G., English, J. An introduction to statistics using Microsoft Excel. UK: Academic Publishing, 2010. ISBN 978-1-906638-55-9.
  • Salkind, N. Excel statistics: a quick guide. Los Angeles: SAGE, 2016. ISBN 978-1-4833-7404-8.
  • Triola, M. F. Elementary statistics. 12h ed.. Harlow: Pearson, 2014. ISBN 978-1-292-03941-1.
  • Triola, Mario F. Elementary statistics using Excel. 4th ed. Boston : Addision-Wesley, 2010. ISBN 978-0-321-56496-2.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester