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ACSC12-200: Mathematical Statistics


This is an intermediate level subject in the theory and practice of statistical inference. It extends STAT11-112 in the areas of probability and distribution theory, discrete and continuous random variables and joint distributional behaviour, as well as introducing principles of likelihood theory, estimation, confidence intervals and hypothesis tests. In addition, topics such as moment and cumulant generating functions are introduced, as well as an introduction to random sums and Central Limit Theorem based large-sample distributional approximations.

Subject details

FacultyBond Business School
Semesters offered
  • May 2018 [Standard Offering]
  • September 2018 [Standard Offering]
  • May 2019 [Standard Offering]
  • September 2019 [Standard Offering]
Study abroadAvailable to Study Abroad students
Study areas
  • Actuarial Science
Subject fees
  • Commencing in 2017: $4,205
  • Commencing in 2018: $4,247

Learning outcomes

1. Explain the concepts of probability and calculate probabilities in a variety of scenarios.
2. Define and derive probability generating functions, moment generating functions and cumulant generating functions and use them to evaluate moments and cumulants and recognise distributions.
3. Define, apply and undertake calculations relating to basic discrete and continuous distributions.
4. Explain and apply the concepts of multivariate random variables, and their joint probability distributions.
5. Describe and apply the main methods of estimation and the main properties of estimators.
6. Construct and interpret a variety of confidence intervals and test a variety of hypotheses.
7. Apply simple and basic multiple regression


Students must have successfully completed STAT11-112 Quantitative Methods or equivalent prior to undertaking ACSC12-200

Subject outlines

Subject dates

Enrolment opens19/03/2017
Semester start15/05/2017
Subject start15/05/2017
Cancellation 1?29/05/2017
Cancellation 2?05/06/2017
Last enrolment28/05/2017
Last withdrawal?09/06/2017
Teaching census?09/06/2017
Enrolment opens16/07/2017
Semester start11/09/2017
Subject start11/09/2017
Cancellation 1?25/09/2017
Cancellation 2?02/10/2017
Last enrolment24/09/2017
Last withdrawal?06/10/2017
Teaching census?06/10/2017
Standard Offering
Enrolment opens18/03/2018
Semester start14/05/2018
Subject start14/05/2018
Cancellation 1?28/05/2018
Cancellation 2?04/06/2018
Last enrolment27/05/2018
Last withdrawal?08/06/2018
Teaching census?08/06/2018