ETF3600 Quantitative analysis of limited dependent variables
Faculty of Business and Economics
ETF3600 Quantitative analysis of limited dependent variables is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 at Caulfield. It needs ETS2410, ETC2410, ETW2410, ETC3440 or ETF2100.
- Credit points
- 6
- Offered in 2020
- Semester 1
- Caulfield
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review ETF3600.
Requisites
Before ETF3600
After ETF3600
No unit lists ETF3600 as a prerequisite in the 2020 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
Examples of interesting business problems include predicting and/or explaining consumer choices, loan discrimination and default, corporate bond ratings, bank failures, and selection of services. All of these phenomena are measured with data whose range is restricted. This unit covers the basic tools for estimating models with such data, known as limited dependent variables.
Topics to be covered include: probit and logit, ordered logit and multinomial probit, Tobit model, censored and truncated regression, count data and duration. Computer software will be used to apply these techniques to real world problems.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| First semester (Fully flex) | Caulfield | Flexible |
Learning outcomes
When you finish this unit, you should be able to:
- 1
provide a solid understanding of regression analysis including relationships with dependent variables that can be binary, in unordered categories, in ordered categories and duration variables
- 2
analyse these relationships using a software package
- 3
analyse, interpret and communicate the business value of results.
Workload and teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Where it fits
ETF3600 is part of 2 areas of study in the 2020 handbook.
Contacts
- Chief Examiners
- Associate Professor Vasilis Sarafidis
Common questions
What are the prerequisites for ETF3600?
You need ETS2410, ETC2410, ETW2410, ETC3440 or ETF2100 before you enrol.
When is ETF3600 offered?
In 2020, ETF3600 runs in Semester 1 at Caulfield.
How much work is ETF3600?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Which majors and minors include ETF3600?
ETF3600 is part of Business statistics.