ETC2420 · Monash University
Statistical thinking
- Credit points
- 6
- Level
- 2
- Workload
- ≈ 12 h / week
- Faculty
- Business and Economics
What it covers
This unit presents data analysis, statistical modelling and decision-making in the presence of uncertainty, using a computational approach. You will use different frameworks of probability that are helpful for analysing real-world problems. Topics covered will include probability distributions, statistical inference (classical & Bayesian), simulation, permutation and randomisation methods, regression models, decision theory, and model assessment and diagnosis.
Assessment
| Task | Type | Weight |
|---|---|---|
| 3 - Project | Project | 20% |
| 2 - Quiz / Test | Quiz / Test | 20% |
| 1 - Exercise | Exercise | 20% |
| 4 - Examination | Examination | 40% |
When and where
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On-campus |
| First semester | Clayton | On-campus |