ENBIS-11 in Coimbra

4 – 8 September 2011 Abstract submission: 1 January – 25 June 2011

Teaching Practical Forecast Methods: Learning by Doing; a Twenty Years Experience

7 September 2011, 12:00 – 12:20

Abstract

Submitted by
Jean-Hugues Chauchat
Authors
Annie MORIN (Université Rennes-1) Jean-Hugues CHAUCHAT (Université Lyon-2)
Affiliation
Universités de Rennes et de Lyon, FRANCE
Abstract
A difficult part of teaching statistics is to push students to make the link between theoretical models and real world situation. A large part of our efforts, at graduate and post-graduate level of statistical education, is to put students in the following situation: they have to understand what a non-statistician client is asking for, to meet client's needs with realistic solutions.
During our lectures of “microeconomics forecasting methods”, our students, in groups of two, have to find a shop, a company, a community organisation, etc., who gives them time series of sales or activities in order to make models and calculate forecast for the future days, weeks or months.
The best situation is when students find their client by themselves. In this situation, students are motivated to work a lot and the teacher becomes the student's "statistical consultant".
We shall present different case studies, the students’ difficulties and what they learn during making forecast for real non-academic clients, in Rennes and Lyon (France) and Kharkov (Ukraine) Universities.
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