UnitLevel 2Undergraduate

ETM2100 Principles of statistical inference

Faculty of Business and Economics

ETM2100 Principles of statistical inference is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 1 and Semester 2 at Malaysia. It needs ETW1001 and unlocks 4 units, leading on to 45 units in all.

Credit points
6
Offered in 2024
Semester 1, Semester 2
Malaysia
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2024 handbook entry. See the 2027 entry.

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Requisites

Overview

Uncertainty is the basic element of statistical science. Various theories and methods (including algorithms) in econometrics, business statistics, and business analytics focused on the understanding of uncertainty and its subsequent use in optimal decision-making. In this unit, you will learn different approaches in the conduct of statistical inference. Specifically, you will be exposed to various paradigms of estimation and hypothesis testing, their utilisation and limitations. Upon unit completion, you will also develop statistical thinking process, an important element that will contextualise your progression in the study of Econometrics and Business Statistics or in Business Analytics.

Offerings in 2024

Teaching periodCampusMode
First semesterMalaysiaOn campus
Second semesterMalaysiaOn campus

Assessment

  • Within semester assessment
    100%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    recognise uncertainty as basic element in statistical science

  2. 2

    characterize and articulate various paradigm of statistical inference

  3. 3

    identify strength and limitations of different estimation procedures and approaches in hypothesis testing

  4. 4

    develop statistical thinking process in the conduct of statistical inference.

Workload and teaching

  • Tutorials24 hours
  • Teaching approachProblem-based learning
  • Teaching approachActive learning
  • Teaching approachEnquiry-based learning
  • Teaching approachResearch activities

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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.

This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.

Where it fits

ETM2100 is part of 5 areas of study in the 2024 handbook.

Contacts

Chief Examiners
Professor Erniel Bayhon Barrios

Common questions

What are the prerequisites for ETM2100?

You need ETW1001 before you enrol.

What can I take after ETM2100?

ETM2100 is a prerequisite or corequisite for 4 units, including ETW2420, ETW2440, ETW2510 and ETW3483. Those lead on to 45 units in all.

When is ETM2100 offered?

In 2024, ETM2100 runs in Semester 1 and Semester 2 at Malaysia.

How much work is ETM2100?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ETM2100 have an exam?

No. ETM2100 has 1 assessment task and no exam.

Which majors and minors include ETM2100?

ETM2100 is part of Applied economics; Business analytics; and Econometrics and business statistics.

More details

Credit points
6
Level
2
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Econometrics and Business Statistics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 1
Study abroad
Available
Handbook years
2024202520262027