ST425     
Statistical Inference: Principles, Methods and Computation

This information is for the 2023/24 session.

Teacher responsible

Dr Nicholas Cron TBA

Availability

This course is compulsory on the MSc in Statistics, MSc in Statistics (Financial Statistics), MSc in Statistics (Financial Statistics) (Research), MSc in Statistics (Research), MSc in Statistics (Social Statistics) and MSc in Statistics (Social Statistics) (Research). This course is available on the MRes/PhD in Management (Marketing) and MSc in Social Research Methods. This course is available with permission as an outside option to students on other programmes where regulations permit.

Pre-requisites

A knowledge of probability and statistics to the equivalent level of ST102 Elementary Statistical Theory. 

Previous programming experience is not required but students who have no previous experience in R must complete an online pre-sessional R course from the Digital Skills Lab before the start of the course (https://moodle.lse.ac.uk/course/view.php?id=7745)

Course content

The course provides a comprehensive coverage of fundamental aspects of methods and principles in probability and statistics, as well as linear regression analysis. Real data illustrations with the statistical package R forms an integral part of the course, providing a hands-on experience in simulation and data analysis.

Teaching

This course will be delivered through a combination of classes, lectures and Q&A sessions totalling a minimum of 60 hours across AutumnTerm. This course does not include a reading week, instead Week 11 will be used as a revision week.

Formative coursework

A pre-sessional self-study R course taking about 10 hours needs to be completed by the start of the term. Students will complete weekly assessed problem sheets. They will also complete R practice exercises following instructions from the weekly computing workshop.

Indicative reading

L. Wasserman, All of Statistics.

Y. Pawitan, In All Likelihood

K. Knight, Mathematical Statistics

A. Zuur et al., A Beginner's Guide to R. (Available online from LSE Library.)

N. Venables et. al., An Introduction to R (http://cran.r-project.org/doc/manuals/R-intro.pdf)

Assessment

Exam (85%, duration: 3 hours) in the January exam period.
Project (15%) in the AT.

Student performance results

(2019/20 - 2021/22 combined)

Classification % of students
Distinction 30.8
Merit 34
Pass 22.6
Fail 12.6

Key facts

Department: Statistics

Total students 2022/23: 53

Average class size 2022/23: 45

Controlled access 2022/23: No

Lecture capture used 2022/23: Yes (MT)

Value: One Unit

Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

  • Leadership
  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Specialist skills