ETX5601 · Statistical inference

Overview

This unit provides an introduction to probability theory and statistical inference for graduate studies in econometrics and business statistics and related fields. It is intended to prepare you before you undertake a research program in an area of econometrics and business statistics. The first part will cover basic probability theory and the second half will be concerned with aspects of statistical inference. Some prior exposure to the topics to at least the advanced undergraduate level will be assumed. This unit is designed for those of you who are planning to write a thesis in econometrics or business statistics. It is not intended for students in other disciplines who need to learn some basic quantitative techniques for the empirical section of their dissertations, although students from other departments who are interested in more advanced methods may wish to take this unit.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. understand the essentials of probability theory and statistical inference to be able to read graduate level books and journal articles in econometrics and business statistics
2. provide justification to econometric and statistical ideas and to derive results from first principles, including basic definitions, concepts and the chain of arguments on which the econometric and statistical theory is built.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.