What is Modeling?

2.2 Action Required:

Watch the short video in the following link:

https://www.youtube.com/watch?v=hGnnLJ93OPg

2.3 Test your Knowledge (Question):

• What is Modeling? Write the different types of models.

List the five Benefits of Business Models.

2.4 Instructions 

Answer both questions in test your knowledge section.

Post your answer in the discussion board using the discussion link below (Week 2: Interactive learning Discussion)

3.2 Action Required:

Watch the short video in the following link:

• 3.3 Test your Knowledge (Question):
• Explain the Modelers’ Roles in the Problem-Solving Process

List the Six Stages of Problem-Solving Process.

3.4 Instructions

Answer both questions in test your knowledge section.

• Post your answer in the discussion board using the discussion link below (Week 3: Interactive learning Discussion)
• 4.2 Action Required:
  Read the following chapter of your Textbook.Chapter 3: Spreadsheet Engineering 4.3 Test your Knowledge (Question):
   
• Explain that the spreadsheet engineering is similar to structural and civil engineering.

Define the Phases of spreadsheet Modeling.

4.4 Instructions

Answer both questions in test your knowledge section.

Post your answer in the discussion board using the discussion link below (Week 4: Interactive learning Discussion)

• 5.2 Action Required:
  Read the following chapter of your Textbook.Chapter 4: Spreadsheet Analysis  5.3 Test your Knowledge (Question):
   

Explain the Base Case Analysis.

• List the five categories of spreadsheet analysis.

5.4 Instructions
 

Answer both questions in test your knowledge section.

Post your answer in the discussion board using the discussion link below (Week 5: Interactive learning Discussion)

6.2 Action Required:
Read the following chapter of your Textbook.Chapter 5: Data Exploration and Visualization   6.3 Test your Knowledge (Question):
 

   Explain various types of Categorical and Numerical Data with examples.

   Discuss the Data Exploration process.

6.4 Instructions
 

• Answer both questions in test your knowledge section.
• Post your answer in the discussion board using the discussion link below (Week 6: Interactive learning Discussion)
• 7.2 Action Required:
  Read the following chapter of your Textbook.Chapter 8: Non-Linear Optimization  7.3 Test your Knowledge (Question):
   

    Explain the various types of constraints.

    Describe the Portfolio Optimization Model.

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