Content, progress and pedagogy of the
module
Learning objectives
Knowledge
- Have knowledge about fundamental concepts in probability,
including conditional probability and independence
- Have knowledge about discrete and continuous random variables
and relevant properties of these
- Have knowledge about various examples of descriptive statistics
and graphics, e.g. histograms, boxplots, scatterplots, lag plots
and auto covariance plots
- Have knowledge about statistical inference, including
estimation, confidence intervals and hypothesis testing
- Have knowledge about basic concepts related to stochastic
processes such as stationarity, correlation function and spectral
density
- Have elementary knowledge about wiener processes, white noise
and linear stochastic differential equations
- Have comprehension of a concrete example of a model for a
simple stochastic process
Skills
- Be able, given specific data, to specify a relevant statistical
model and account for the assumptions and limitations of the chosen
model
- Be able to use relevant software for carrying out the
statistical analysis of given data and be able to interpret the
results of the analysis
- Be able to use statistical models, like linear regression
(simple and multiple) and analysis of variance
Competences
- Be able to judge the applicability of statistics within own
area
- Be capable of performing a critical evaluation of the results
of a statistical analysis
- Be capable of communicating the results of a statistical
analysis to people with no or little background within
statistics.
Type of instruction
Lectures in combination with practical exercises and self-study,
e-learning or similar.
Extent and expected workload
Since it is a 5 ECTS course module, the work load is expected to
be 150 hours for the student.
Exam
Exams
Name of exam | Probability Theory, Stochastic Processes and Applied
Statistics |
Type of exam | Written or oral exam |
ECTS | 5 |
Permitted aids | Der henvises til den pågældende
semesterbeskrivelse/modulbeskrivelse |
Assessment | 7-point grading scale |
Type of grading | Internal examination |
Criteria of assessment | The criteria of assessment are stated in the Examination
Policies and Procedures |