Beruflich Dokumente
Kultur Dokumente
Business Statistics
Spring , 2018
Department of Information Systems,
Business Statistics and Operation Management
(Preliminary Draft)
Instructor: Prof. Xuhu Wan, LSK Building, Room 4072, Ext.7731, imwan@ust.hk.
Course Description
Main Contents: This course is about how to reach a conclusion from uncertainty. We not only discuss
theoretical concepts and methods of statistics, also focus on processing real data, building regression
models with python, finally validating and testing models with new data.
Theoretically, we will discuss variables, relation between variables, conditional expectation, estima-
tion, testing of significance, regression. More than that, industry-oriented examples are given to help
students learn the problem-solving skills in real situation. For examples, we will use python to
• download stock data and preprocess data
• analyze the mean and variance of a portfolio of assets
• select the important variables for prediction model
• use regression-model based signal to trade
We will use python throughout this course, assignment and exams as well.
Objectives: •
• Measure relation between two variables and select important variables
• Apply python in data analytics
• Use and evaluate regression models
• Apply regession models in different scenarios
Course Materials
B. All topics and assigned projects require the installation of python package ”Anaconda”.
C. A course website (http://canvas.ust.hk ) is maintained which contains lectures notes, assignments, and
links of videos and data.
Evaluation
B. In-class Midterm(15%): The midterm must be done independently. You can refer to notes, books and
internet, but are forbidden to communicate with other humans or AIs.
C. Final(35%): The final must be done independently. You can refer to notes, books and internet, but are
forbidden to communicate with other humans or AIs.
Course Organization
2
– Trade with multiple stock indices
– Evaluation of performance of prediction-based strategy
• Part IV: What is next
Grievance Procedure
If you disagree with grades that have been assigned to your work, you have the possibility to meet
instructors within one week after the grades have been published on the course website. Be specific about
what it is that you don’t agree with.
Academic Integrity
Academic dishonesty includes, but is not limited to, cheating, plagiarizing, fabricating of information fa-
cilitating acts of academic dishonesty by others, having unauthorized possession of examinations, submitting
work of other groups, or tampering with the academic work of other groups. All exam answers must be your
own, and you must not provide any assistance to other students during exams.