ETF5600 Quantitative analysis of limited dependent variables
Faculty of Business and Economics
ETF5600 Quantitative analysis of limited dependent variables is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 at Caulfield. It needs ETF2100, ETF5910, ETC2410, ETS2410, ETC3440 or ETW2410.
- Credit points
- 6
- Offered in 2020
- Semester 1
- Caulfield
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
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Requisites
Before ETF5600
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ETF5600
No unit lists ETF5600 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 |
Learning outcomes
When you finish this unit, you should be able to:
- 1
demonstrate a solid understanding of regression analysis; modelling and analysing relationships with binomial, unordered and ordered multinomial and duration dependent variables
- 2
apply skills and knowledge of the above topics to real situations in areas such as marketing, economics and management
- 3
use the relevant software to help with the analysis of the above topics.
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
ETF5600 is part of 1 area of study in the 2020 handbook.
Contacts
- Chief Examiners
- Associate Professor Vasilis Sarafidis
Common questions
What are the prerequisites for ETF5600?
You need ETF2100, ETF5910, ETC2410, ETS2410, ETC3440 or ETW2410 before you enrol.
When is ETF5600 offered?
In 2020, ETF5600 runs in Semester 1 at Caulfield.
How much work is ETF5600?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Which majors and minors include ETF5600?
ETF5600 is part of Financial and risk management.