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PSTAT160B

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PSTAT 160B - Applied Stochastic Processes

Statistics & Applied Probability College of Letters and Science

Full Course Title

Applied Stochastic Processes

Instructor Name(s)

STAFF

Course Description

Continuous models. Continuous time stochastic processes: Poisson process, Markov chains, Renewal process, Brownian motion, including simulation of these processes. Applications to Black-Scholes model, insurance and ruin problems and related topics.

Unit Value

4

Maximum number of times course can be repeated for additional credit

0

Maximum Units

4

Prerequisites

PSTAT 120B and PSTAT 160A, both a grade of C or better

Programs

PSTAT160B is a completion requirement for: