Abstract Details
Activity Number:
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408
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Type:
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Topic Contributed
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Date/Time:
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Tuesday, August 11, 2015 : 2:00 PM to 3:50 PM
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Sponsor:
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Section on Statistical Education
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Abstract #315085
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View Presentation
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Title:
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Incorporating Statistical Consulting Case Studies in Introductory Time Series Courses
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Author(s):
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Davit Khachatryan*
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Companies:
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Babson College
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Keywords:
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Business forecasting ;
ARIMA ;
Time Series ;
Experiential Learning ;
Active Learning ;
Case Method
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Abstract:
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Established as a rigorous pedagogical device at Harvard University, the case method has grown into an indispensable mode of instruction at many business schools. Its effectiveness has been praised for increasing student participation during in-class discussions, providing hands-on engagement in real-world business problems, and increasing long-term retention rates. This presentation will explain how novel case studies that mimic real-life statistical consulting engagements can be incorporated in the curriculum of an undergraduate, introductory time series course. The assessment of learning objectives as well as pedagogical implications when teaching using statistical consulting case studies will be elucidated. The presentation will also lay out guidelines for adopting statistical consulting case studies should the interested audience choose to incorporate the case method into the curricula of courses that they teach. A sample case study which the presenter has successfully used in his classroom instruction will be described in the talk.
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Authors who are presenting talks have a * after their name.
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