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Faculty of Science Handbook, Academic Session 2025/2026
record a reflection of their experiences SIT3005
before, during and after the field work at TIME SERIES AND
the community partner and to submit their FORECASTING METHODS
record with the group project report at the
end of the semester. Students are also Introduction to time series and forecasting.
required to do a group presentation based Time series graphics. Simple forecasting
on the project. methods. Transformation and adjustments.
Fitted values, residuals and prediction
Assessment: intervals. Time series regression. Time
Continuous Assessment:100% series decomposition. Exponential
smoothing. ARIMA models. ARCH and
SIT3003 GARCH models.
COMPUTER INTENSIVE METHODS IN
STATISTICS Assessment:
Continuous Assessment: 40%
Computer generation of uniform and non- Summative Assessment: 60%
uniform random variables. Monte Carlo
evaluation of integrals. Variance reduction SIT3008
techniques. Bootstrap and jackknife INTRODUCTION TO SURVEY SAMPLING
methods; Applications in confidence
interval construction. Maximum likelihood This course focuses on statistical sampling
estimation of model parameters via the methods with applications in the analysis of
Expectation-Maximization (EM) algorithm. sample survey data. The sampling methods
The Markov Chain Monte Carlo method. include simple random sampling, stratified
random sampling, systematic sampling and
Assessment: cluster sampling. Estimation of population
Continuous Assessment: 40% parameters for different sampling methods
Summative Assessment: 60% will be fully discussed. Special estimation
techniques, including ratio and regression
SIT3004 estimations, will be introduced in the
APPLIED STOCHASTIC context of simple random sampling and
PROCESSES stratified random sampling. Areas of
application may include social science and
Time reversible Markov chains. Poisson official statistics.
processes. Continuous-time Markov chains
and birth and death processes. Brownian Assessment:
motion. Application to real-world Continuous Assessment: 40%
phenomena, such as in finance. Summative Assessment: 60%
Assessment: SIT3009
Continuous Assessment: 40% STATISTICAL PROCESS
Summative Assessment: 60% CONTROL
Methods and philosophy of statistical
process control. Control charts for variables
and attributes. Time-weighted control
charts. Process capability analysis.
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