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 316-206 Quantitative Methods 2

Note

Students may not gain credit for both 316-206 Quantitative Methods 2 and 316-205 Introductory Econometrics.

Credit Points

12.5

HECS Band

2

Coordinator

Dr R Dixon

Prerequisites

316-129 Business Statistics or 316-130 Quantitative Methods 1.

Semester

1, repeat 2, Summer (view timetable)

Contact

Semester 1 and 2 - Two 1-hour lectures and a 1-hour tutorial a week; Summer Semester - One 2-hour lecture/workshop three days per week for six weeks

Subject Description

This subject provides students with background mathematical and statistical skills necessary for solving a wide range of commerce problems. It draws heavily on examples from accounting, economics, finance, management and marketing. Topics include: review and some extensions to calculus, including constrained and unconstrained optimisation; review of statistics; simple and multiple regression for use wtih time series and cross section data, including interpretation of estimates, hypothesis testing and forecasting, an introduction to diagnostics, an interpretation of logit regressions; an introduction to time series forecasting methods; seasonality and index numbers.

Assessment

A 2-hour end-of-semester examination (80%); assignments not exceeding 20 pages in total (10%); and a mark based on tutorial attendance and participation (10%).

Prescribed Texts

To be advised.



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