Quantitative Methods for Business and Management (STT 503)

Struggling with Each Quantitative Methods for Business and Management (STT 503) case study and assignment questions? Get Expert Case Study Assignment Help and Business Analytics Assignment Help from professionals. Our tailored solutions ensure accuracy, clarity, and top grades. Whether you need help with statistical analysis, data interpretation, or business decision-making models, we’ve got you covered. Don’t let complex quantitative methods hold you back—boost your academic performance today! Place an Order Now!

Task 1: Case study: Use of regression model in a business case

By using a case study on subprime car finance (available on LMS), perform the following tasks:

1. Highlight the issue. What is the issue that the study investigated, and why?
2. Why this issue is important in the car credit market?
3. What factors are important in modelling the issue of subprime car finance highlighted by the study?
4. Develop a statistical model (simple regression or logit) of default and determine the signs/relationships (signs of regression parameters)
5. Use the data and estimate the model (MS Excel sometimes does not allow you to use more than 16 independent variables in one. Hence, use 16 each time, note down statistically significant variables and then move to the next 16. Then, refine the list by keeping only 16 variables (which were statistically significant) and running regression
6. Explain the findings and compare and contrast them with the theory and results presented in the study.
7. What lessons were learned, and what would you recommend to car finance companies?

 

 

For REF…Use: #getanswers2002703