MAT3262

Stochastic processes

(SCI)

Coordinator: Dr Tom Hall

4 points + Two 1-hour lectures and one 1-hour support class per week + Second semester + Clayton + Prerequisites: MAT2061 + Recommendations: MAT2211 + Prohibitions: MAS3431

Synopsis: Evolution of chance phenomena in continuous time, including the Poisson process, other continuous-time Markov processes, and simulation and application of stochastic processes to operations research problems.

Assessment: Examination (2 hours): 90% + Assignments and/or tests: 10%