EF » EFnet » Alumni » How does the process of production of analytical models work (from the creation of a credit assessment to its application in practice)

How does the process of production of analytical models work (from the creation of a credit assessment to its application in practice)

19.04.2017Comments are closed.

Data grows remarkably fast. Nowadays, it is pretty standard to call it ‘Big Data’. Robert Petrič, a guest from the Bisnode Company who deals with formulating risk profiles and analysis of data has come to the Faculty of Economics to give a lecture on it. He has given the attendees some guidelines on how to analyse the Big Data.

Petrič has described the classical econometric analysis. He emphasized the importance of knowledge, since data and results are not program-dependent (SAS, R, STATA) and even the scope of data. It is important that we have sufficient knowledge of the theory, which enables us to better understand the real market which we analyze. He paraphrased, ‘Music is not important because of the violin, but because of the violinist.’


Related news

Publish your comment:


RSSUpcoming events

On June 16th, the Dragon Boat Racing organized by Confucius Institute Ljubljana took place by the Ljubljana River. Danijela Voljč, the foreign director of ... >>>
The Research Centre of the Faculty of Economics cordially invites you to a Research Seminar on Tuesday, 26 June 2018 at 1 p.m. in ... >>>
The Research Centre of the Faculty of Economics cordially invites you to a Research Seminar on Tuesday, 3. 7. 2018 at 1 p.m. in the Executive conference room ... >>>