STAT 253/317: Introduction to Probability Models

Announcements

• The final exam will take place from 12:30 p.m. to 2:30 p.m. on March 7th in Eckhart Hall 133.

• The second midterm will take place on Feb. 15th. Here are the mind maps for Poisson processes and continuous-time Markov chains

• The first midterm will take place on Jan. 30th. Here is a mind map for Markov chains.

• The first lecture will be at 12:30 pm on Thursday in Eckhart Hall 133 .

About STAT 253/317

The course will introduce stochastic processes that are popular in scientific applications, such as discrete time Markov chains, Poisson processes, continuous time Markov processes, renewal processes, queuing models, and Brownian motion.

Prerequisites

STAT 24400, STAT 24410 or STAT 25100, or master's student in Statistics or Financial Mathematics, or instructor's consent.

Reminder

Students can take at most one of the three courses: MATH 235, STAT 253/317, and STAT 312. These three will be counted as one toward the Statistics major.