MonMap
A course mapper by Monash Association of Coding (MAC)
Statistical thinking
ETC5242
Synopsis
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.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 5
- Audience
- Postgraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites
No prereqs in the handbook graph.
What it unlocks (7)
Offerings (2)
- First semesterClayton · ON-CAMPUS
- Second semesterClayton · ON-CAMPUS