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ACSC12-200: Mathematical Statistics


This is an intermediate level subject in statistics. It extends STAT11-111 in the topics of probability, discrete and continuous random variables, multivariate random variables, concepts of estimation, confidence interval estimation and hypothesis testing. Topics such as moment generating functions are also included.

Subject details

FacultyBond Business School
Semesters offered
  • May 2018 [Standard Offering]
  • September 2018 [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, cumulant generating functions and cumulants, and use them to evaluate moments.
3. Define, apply and simulate basic discrete and continuous distributions.
4. Explain and apply the concepts of simple and multivariate random variables, and their probability distributions.
5. Describe and apply the main methods of estimation and the main properties of estimators.
6. Construct a variety of confidence intervals and test a variety of hypotheses.
7. Understand 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