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» STAT273
STAT273: Risk and Chance |
This unit consolidates and expands upon the material on probability introduced in 100 level statistics units. The emphasis is on the understanding of probability concepts and their application. Examples will be taken from areas as diverse as biology, medicine, finance, sport, and the social and physical sciences.
Topics covered include the foundations of probability, probability models and their properties, some commonly used statistical distributions, relationships and association between variables, distribution of functions of random variables and sample statistics, approximations including the central limit theorem and an introduction to the behaviour of random processes. Simulation is used to demonstrate many of these concepts.
| Credit Points: | 3 |
| Contact Hours: | 3 |
| When Offered: |
D2 - Day; Offered in the second half-year
E1 - Evening; Offered in the first half-year
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| Staff Contact: |
Statistics Staff |
| Prerequisites: |
STAT170(P) or STAT171(P); HSC Mathematics or any MATH unit in the range MATH123-MATH339; STAT175(P) or GPA of at least 1.50 or enrolment in GradCertStats
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| Corequisites: |
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| NCCWs: | STAT272
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| Unit Designations: |
Technology
Science
| | Assessed As: |
Graded
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| Offered By: |
Department of Statistics |
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