STAT 2501 - Probability and Stochastic Processes

Institution:

University of Minnesota-Morris

Subject:

Description:

Same as Math 2501. Probability theory; set theory, axiomatic foundations, conditional probability and independence, Bayes' rule, random variables. Transformations and expectations; expected values, moments, and moment generating functions. Common families of distributions; discrete and continuous distributions. Multiple random variables; joint and marginal distributions, conditional distributions and independence, covariance and correlation, multivariate distributions. Properties of random sample and central limit theorem. Markov chains, Poisson processes, birth and death processes, and queuing theory.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.morris.umn.edu/

Phone Number:

(320) 589-6035

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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