• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Statistics
  • Areas of interest Actuarial Studies, Statistics
  • Academic career PGRD
  • Course convener
    • Abhinav Mehta
    • Dr Xuan Liang
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in First Semester 2021
    Second Semester 2021
    See Future Offerings

This is a course in applied statistics that studies the use of regression techniques for examining relationships between variables. Ordinary linear models and generalised linear models are covered. The course emphasizes the principles of statistical modelling through the iterative process of fitting a model, examining the fit to assess imperfections in the model and suggest alternative models, and continuing until a satisfactory model is reached. Both steps in this process require the use of a computer: model fitting uses various numerical algorithms, and model assessment involves extensive use of graphical displays. The R statistical computing package is used as an integral part of the course.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. Demonstrate a thorough understanding of the R statistical computing language, particularly the graphical capabilities;
  2. Fit simple linear regression models, interpret model parameters and relate these back to the underlying research question;
  3. Analyse and interpret relationships between a response variable and a covariate;
  4. Analyse and interpret relationships between a response variable and several covariates;
  5. Assess and refine simple and multiple linear regression models based on diagnostic measures, including identifying and discuss the implications of outlying and influential data points;
  6. Select and discuss a useful multiple linear regression model from a number of competing models; and
  7. Define and describe the features of a Generalised Linear Model (GLM), fit GLM models, assess and refine the models based on diagnostic measures, and interpret model output.

Indicative Assessment

  1. Typical assessment may include, but is not restricted to: exams, assignments, quizzes, presentations and other assessment as appropriate (100) [LO 1,2,3,4,5,6,7]

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

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.

Inherent Requirements

Not applicable

Requisite and Incompatibility

To enrol in this course you must be enrolled in Master of Actuarial Studies or Master of Actuarial Practice. Incompatible with STAT2008, STAT2014, STAT4038, STAT6038 and STAT7001.

Prescribed Texts

Information about the prescribed textbook will be available via the Class Summary

Assumed Knowledge

The course uses the R statistical package, which uses matrix algebra to implement the regression modelling techniques. An understanding of matrix algebra (equivalent to an introductory mathematics course such as MATH1113) would be helpful in understanding how the R routines work, but such knowledge is not a required prerequisite.

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
2
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2021 $4110
International fee paying students
Year Fee
2021 $5880
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
3280 22 Feb 2021 01 Mar 2021 31 Mar 2021 28 May 2021 In Person N/A

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
6273 26 Jul 2021 02 Aug 2021 31 Aug 2021 29 Oct 2021 In Person N/A

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