Introduction to Stochastic Processes
Undergraduate
Undergraduate
MATH 2018
Undergraduate
No
100306
4.5
No
School of Information Technology and Mathematical Sciences
To introduce students to concepts of stochastic processes and their analysis by mathematical techniques and simulation.
Simple Markov chains (discrete time); recurrence, transience, stationary distributions;
Poisson processes (continuous time); Renewal processes, Brownian motion, Elementary stochastic differential equations; Queues and their simple simulations; Modern simulation techniques using Markov Chain Monte Carlo (MCMC).
Taha, H. 2007, Operations Research: an Introduction, 8th edition, Pearson Prentice Hall
Common to all relevant programs | |
---|---|
Subject Area & Catalogue Number | Course Name |
MATH 1054 | Calculus 1 |
MATH 1056 | Linear Algebra |
Nil
Component | Duration | ||
---|---|---|---|
INTERNAL, MAWSON LAKES | |||
Lecture | 2 hours x 13 weeks | ||
Tutorial | 2 hours x 13 weeks |
Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.
Assignment 1, Assignment 2, Final examination
EFTSL*: 0.125
Commonwealth Supported program (Band 2)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)
Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.
Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)
Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.
* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.