Quantitative Methods · Mathematical Foundations

RegressionLab: Model Building & Interpretation

Interactive workshop where students build, diagnose, and interpret regression models across 4 business applications: house pricing, customer churn, sales forecasting, and advertising effectiveness. Students learn that regression is about correctly representing the data-generating process, not maximizing R-squared.

8 rounds MBA & Masters
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Preview

Who it is for

An intermediate simulation for participants who already know the core concepts of the subject, designed for master's and MBA programmes.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 8 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Model Specification
  • Diagnostic Action

What participants track

What participants follow on screen as the rounds go by:

  • Diagnostic Feedback

Subjects covered

Designed for courses in Mathematical Foundations.

  • Regression Analysis

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