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Course Info

Module [Module Number] SpM Analytics for Business I
[1277MSAFB1]
 
Regular Cycle Winter Term
Teaching Form Lecture and practice
Examination Form Written test: Portfolio
Teaching Language English
ECTS 6
Instructor Prof. Dr. Markus Weinmann, Sercan Demir
KLIPS 2.0 Link

 

Module Content

  • The course on Bayesian Data Analytics provides a broad introduction to the concept of Bayesian statistics and modeling.
  • Topics: model building and evaluation, MCMC simulation, generalized linear models, bino- mial/Poisson regression, and multilevel models.
  • The course will also discuss recent Bayesian data projects, and students will learn to set up their Bayesian projects using R.

Learning Objectives

Students …
  • know and understand the relevant methods and theories for the points mentioned above under „Module content“.
  • understand advanced, specialized theories / methods in the area of Bayesian Data Analytics.
  • analyse current questions and challenges in the area of Bayesian Data Analytics.
  • assess and discuss findings and research results of specialized theories / methods.
  • discuss scientific topics in a professional manner and appropriate to the situation with (non-) specialists.
  • act responsibly considering ecological, social and ethical criteria.