316-206 Quantitative Methods 2

Credit Points

12.5

Coordinator

Dr M Coelli, Assoc Prof J Hirschberg

Prerequisites

316-130 Quantitative Methods 1 or 620-131 Scientific Programming and Simulation or 620-160 Experimental Design and Data Analysis.

Semester

1, repeat 2, Summer (view timetable)

Contact

Semester 1 and 2: Two 1-hour lectures and a 1-hour tutorial per week; Summer Semester: Two 2-hour lectures and two 1-hour tutorials 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, management and marketing and, to a lesser extent, economics and finance. Topics include: review of statistics; tests of the location of populations; simple and multiple regression for use with time series and cross section data, including interpretation of estimates, hypothesis testing and forecasting, an introduction to diagnostics; Logit models; an introduction to time series methods; and seasonality.

Generic Skills

  • High level of development: collaborative learning; statistical reasoning; application of theory to practice; interpretation and analysis; synthesis of data and other information; evaluation of data and other information; use of computer software.

  • Moderate level of development: oral communication; written communication; problem solving; critical thinking; receptiveness to alternative ideas.

  • Some level of development: team work; accessing data and other information from a range of sources.

Assessment

A 2-hour end-of-semester examination (70%), assignments not exceeding 20 pages in total (15%), a mid-semester exam (5%), and a mark based on tutorial attendance and participation (10%).

Prescribed Texts

To be advised.



Status:                   Official 2007
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