UMKC Department of Mathematics and Statistics

STAT 5561 - Time Series Analysis
(3 Credit Hours)

Prerequisites:
  • Stat 441 (Introduction to Mathematical Statistics II), or
  • Consent of the Instructor.
Offered: Every other Winter.

Text: Current Mathematics Textbooks


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Beyond the Catalog: Notes or Advice

Course Description: This course is intended to present the basis models, methods and concepts of time series analysis to students with a good background of intermediate mathematical statistics. Some elementary knowledge of basic linear regression analysis would also be helpful. The presentation will be balanced between theory and data analysis, with sufficient theory to understand the basis of the methods and models. Case studies will be drawn from business and economics, engineering, meteorology, etc., and data will be analyzed by students using existing computer programs (Minitab and SAS).

Topics to be covered may include stationary stochastic processes, autocorrelation, partial autocorrelation, representation of dynamic relations by difference equations, AutoRegressive Integrated Moving Average (ARIMA) models, structural component models, identification of models, estimation and diagnostic checking of time series models, model selection procedures, tests for (unit root) nostationarity, noninvertibility, seasonal models, theory of prediction and forecasting, elements of spectral analysis, time series regression analysis with autocorrelated errors, dynamic regression models and transfer function models, intervention analysis models and outlier detection, linear filters and their spectral properties, state-space model forms and Kalman filtering and smoothing methods, nonlinear and (AutoRegressive) Conditional Heteroskedastic (ARCH) time series models, and long memory and fractional ARIMA models. Due to time constraints, not all the latter topics mentioned will be covered in the course.

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UMKC Degrees and Courses Requiring this course

Degrees requiring this course
  • None.
This course is prerequisite to the following courses:
  • None.

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Who Teaches this course?

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