STAT 4320 - Probability and Stochastic Processes3 credit hours
Prerequisites: Two semesters of calculus and STAT 3150 (or MATH 2050 ) or consent of instructor. Theoretical basis for stochastic processes and their use as models of real-world phenomena. Topics include Markov chains, Poisson processes, Brownian motion and stationary processes. Applications include Gambler’s Ruin, birth and death models, hitting times, stock option pricing, and the Black-Scholes model.
Click here for the Summer 2019 Schedule of Classes
Click here for the Fall 2019 Schedule of Classes
[Add to Portfolio]