ETW3232

Forecasting for business (6 points)

(BUS)

Leader: Dr H. (Mindi) Nath

Offered:
Berwick Second semester 2004 (Day)
Gippsland Second semester 2004 (Day)
Berwick Second semester 2005 (Day)
Gippsland Second semester 2005 (Day)
Peninsula Second semester 2005 (Day)

Synopsis:

Objectives: On the completion of this unit students will be able to demonstrate an understanding of time series data, its principal components and limitations of a forecasting model. They will be able to apply an appropriate forecasting technique; evaluate competing forecasting models; use Excel and SPSS for modelling a time series. Students will be able to show their ability to apply smoothing, decomposition, causal and ARIMA techniques for generating forecasts.

Assessment: Two assignments:40%+ Examination(2hours): 60%.

Contact Hours: Two 1-hour lectures and one 1-hour laboratory/tutorial per week.

Prerequisites: ETW1102, ETX1100 or ETW1000

Prohibitions: ETX3231, ETC2450, MAT3257.