Introduction to Probability and Stochastic Processes - MATH5846

Faculty: Faculty of Science

School: School of Mathematics and Statistics

Course Outline: http://www.maths.unsw.edu.au/

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 2

CSS Contribution Charge: 2 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

Probabilistic concepts are necessary to study various complex phenomena arising in Engineering, Biology, Medicine and Economics. The aim of this course is to introduce basic concepts which are needed to analyze such phenomena. In particular we discuss the concepts of random event, random variable, structures of dependence, computation of probabilities using the Central Limit Theorem, simple Markov chains and a Poisson process.