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 … For more content click the Read More button below.
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
S1-01-CAULFIELD-ON-CAMPUS
Requisites
Prerequisite
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Dr Denni Tommasi
Teaching approach
Problem-based learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Laboratories
Lectures
Workload requirements
Workload
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $40