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Quantitative Analysis (6 points)


Leader: Dr Alistair Carr and Associate Professor Philip Rayment

Gippsland Second semester 2003 (Day)
Gippsland Second semester 2003 (OCL)
Hong Kong Second semester 2003 (OCL)
Singapore Second semester 2003 (OCL)
Gippsland Second semester 2004 (Day)
Gippsland Second semester 2004 (OCL)
Hong Kong Second semester 2004 (OCL)
Singapore Second semester 2004 (OCL)

Synopsis: Topics covered include: The processes of modelling and analysis as a basis for decision making. Solution of linear systems, introduction to linear programming and its applications. Financial calculations relating to simple and compound interest, annuities, amortisation. Statistics: collection, presentation and interpretation of data; simple linear regression and correlation. Probability, random variables and their distributions, application to decision-making and simple inventory problems. Populations and samples: sampling distribution of the sample mean; interval estimation for a population mean and for the difference between two means.

Assessment: Assignments and class test: 40% + Examination: (3 hours): 60%

Contact Hours: Three 1-hour lectures and two 1-hour tutorials per week

Prohibitions: MAT1060, MTH1210, ETX1642, GAS1751, STA1010, ETW1102

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