Course

Statistical Modeling and Simulation (STA510)

Facts

Course code STA510

Credits (ECTS) 10

Semester tution start Autumn

Language of instruction English

Number of semesters 1

Exam semester Autumn

Time table View course schedule

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Introduction

This course provides a foundation for problem solving in technology, science and economy using statistical modeling, simulation and analysis.

Content

The course focuses on methods to model and analyze a variety of random phenomena. The analysis will in practice often be done by simulation, but also the theoretical analysis is important. Students shall be able to implement statistical models on a computer, generate, interpret and present results. Topics that are appropriate to address: the general statistical model building, assessing the goodness of the model, estimation of distribution and parameters of the model and assess the uncertainty of estimates, bootstrap, number generators, variance reduction techniques, modeling and simulation of dependencies, modeling and simulation of stochastic processes, basic Bayesian statistics and Markov chain Monte Carlo. The course will have several exercises with the use of computers and the program R.

Learning outcome

After completing this course the student will:

Knowledge

  • be able to make and use statistical models for a number of problems in technology, natural science and economics
  • have knowledge of the strengths and limitations of some key techniques for statistical modeling og simulation

Skills

  • be able to implement the models (in R)
  • carry out simulations of statistical models, analyze the results statistically, and
  • be able to make assessments of uncertainty in the results

General competence​

  • be able to solve complicated problems using programming and computers
  • present results in a proper manner

Required prerequisite knowledge

None

Recommended prerequisites

Mathematical Methods 1 (MAT100), Mathematical Methods 2 (MAT200), Probability and Statistics 1 (STA100)

Exam

Written exam

Weight 1/1

Duration 4 Hours

Marks Letter grades

Aid Standard calculator

Written exam is with pen and paper

The exam is given in English and may be completed in English or Norwegian.

Coursework requirements

Compulsory assignments
Two mandatory assignments must be approved in order to have access to the exam. Mandatory assignments may be completed in English or Norwegian.

Method of work

4 +2 hours of lectures and problem solving/data lab per week, self study. Language of instruction: English.

Open for

City and Regional Planning - Master Computer Science - Master Environmental Engineering - Master Industrial Economics - Master Structural and Mechanical Engineering - Master Mathematics and Physics - Master Mathematics and Physics - Master Offshore Field Development Technology - Master of Science Degree Programme Industrial Asset Management - Master Marine and Offshore Technology - Master Petroleum Engineering - Master
Exchange programme at The Faculty of Science and Technology

Admission requirements

Must meet the admission requirements of one of the study programmes the course is open for.

Course assessment

The faculty decides whether early dialogue will be held in all courses or in selected groups of courses. The aim is to collect student feedback for improvements during the semester. In addition, a digital course evaluation must be conducted at least every three years to gather students’ experiences.
The course description is retrieved from FS (Felles studentsystem). Version 1