Available in 2021
Course code

STAT3040

Units

10 units

Level

3000 level

Course handbook

Description

Time series analysis is a statistical methodology to exploit historical data generated by real world systems to forecast the future of these systems. This course presents both theory and applications of time series analysis at a level accessible to a wide variety of students and practitioners in statistics, economics and finance, science, engineering and quantitative social sciences. Emphasis is placed on the development and choice of appropriate models, how to estimate and test model parameters and forecast future values.


Availability2021 Course Timetables

Callaghan

  • Semester 1 - 2021

Learning outcomes

On successful completion of the course students will be able to:

1. Explain the concepts of time series analysis in the time domain;

2. Identify and apply appropriate models for the real life datasets;

3. Have developed skills in statistical computing of time series problems.


Content

  • Introduction and Review
  • Fundamental concepts in Time Series (TS)
  • Model Stationary TS
  • Model Nonstationary TS
  • Model specification TS
  • Model estimation TS
  • Model diagnostics TS
  • Model forecasting TS

Assumed knowledge

STAT1070 or STAT1300 or STAT2110


Assessment items

Written Assignment: Written assignments

Project: Project

Formal Examination: Final Examination


Contact hours

Callaghan

Computer Lab

Face to Face On Campus 2 hour(s) per Week for 12 Weeks

Lecture

Face to Face On Campus 2 hour(s) per Week for Full Term

The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.