Term Paper Topics
Quantitative Methods for Business
MAT540 @ Strayer University
by
Tristan Hübsch
General
 Goal
 To demonstrate the use of a concept or
formula from class
 To apply it to a “real life” situation
 Format
 Title page
 4–6 pages (1.5-spaced, 12pt font)
 Plus literature and any tables/graphs that
are larger than 1/2 page.
1
General (cont’d)
 Organization
 Introduction: motivate the problem
 Main part
 Present some data
 Calculate some characteristics
 Conclusions
 Last but not least:
 Try to communicate your understanding of the
topic you have chosen to show off
 No collaboration between students on the final
product, but you may seek feedback and opinions
while preparing to write the paper.
 Give proper credit (Books, journals, the internet…)2
Probability & Statistics
 Probability in games of chance
 Bayesian analysis & dependent events
 Binomial distribution
 Normal probability distribution
 Sample mean, expected value & standard
deviation, as a coarse description of the
probability distribution
3
Decisions and Forecasting
 Decision-making without probability
 Decision-making with probability
 Decision analysis with additional
information
 Decision-making using simulation
 Methods of smoothing time-series
 Trend analysis with and without
seasonal adjustment
4
Linear Programming & More
 A simple optimization problem
(with at least three independent and
nontrivial inequalities)
 Computer solutions and sensitivity
 Integer programming
 0-1 (Boolean) programming
 Transportation, transshipment and
assignment
5