Rsch Sch of Finance, Actuarial Studies & App Stats · ANU College of Business and Economics
This course offers an introduction to modern statistical approaches for complicated data structures, and is designed for students who need to do advanced statistical data analyses and statistical research. There has been a prevalence of “big data” in many different scientific fields. In order to tackle the analysis of data of such size and complexity, traditional statistical methods have been reconsidered and new methods have been developed for extracting information, or "learning", from such data. Due to the wide of range of topics which could be considered, this course, each offering, will cover only a few of the potential topics. Some of the topics that may be considered are: regularisation and dimension reduction, clustering and classification, non-independent data, and causality. Emphasis is placed on methodological understanding, empirical applications, as well as theoretical foundations to a certain degree. As the extensive use of statistical software is integral to modern data analysis, there will be a strong computing component in this course.
Typical assessment may include, but is not restricted to: exams, assignments, quizzes, presentations and other assessment as appropriate
Learning outcomes 1, 2, 3, 4, 5, 6
Students are expected to commit 130 hours of work in completing this course. This includes time spent in scheduled classes and self-directed study time.
Information about the prescribed textbook will be available via the Class Summary.