Probability Models & Stochastic Processes (STAT3004)
Information valid for Semester 1, 2024
Course level
Undergraduate
Faculty
School
Mathematics & Physics School
Units
2
Duration
One Semester
Attendance mode
In Person
Class hours
Lecture 3 Hours/ Week
Practical 1 Hour/ Week
3L1P
Prerequisite
(MATH2000 or MATH2001) + STAT2003
Assessment methods
Examination, assignments
Course enquiries
Doctor Thomas Taimre (Semester 1, Regular, St Lucia, In person)
Dr Thomas Taimre
Study Abroad
This course is pre-approved for Study Abroad and Exchange students.
Current course offerings
| Course offerings | Location | Mode | Course Profile |
| Semester 1, 2025 (24/02/2025 - 21/06/2025) | St Lucia | In Person | Course Profile |
Please Note: Course profiles marked as not available may still be in development.
Course description
Description of probability models. Generating functions & transforms. Limit laws. Markov chains in discrete & continuous time. Stochastic models in epidemics, finance, population biology, genetics, reliability & telecommunications. Simulation methods.
