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Data, Models and Decisions - ECON5203
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Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
CSS Contribution Charge:Band 3 (more info)
 
   
 
Further Information: See Class Timetable
 
  

Description

Students who are undertaking this course will have some background in basic statistics and quantitative methods.  Using this knowledge as a base, this course will develop probabilistic and statistical concepts, methods and models that are useful in understanding the type of data encountered in business. Methods will include an extensive discussion of regression analysis and some of its extensions and may include methods associated decision theory and simulation. It addition to the development of specific statistical methods and techniques the course will discuss strategies for approaching and solving real problems, will provide experience in learning from associated data and will stress the role that quantitative methods play in the managerial decision making process.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.