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Courses - Spring 2023
STAT
Statistics and Probability Department Site
STAT650
Applied Stochastic Processes
Credits: 3
Grad Meth: Reg, Aud
Prerequisite: STAT410; or students who have taken courses with comparable content may contact the department.
Basic concepts of stochastic processes. Markov processes (discrete and continuous parameters), Random walks, Poisson processes, Birth and death processes. Renewal processes and basic limit theorems. Discrete time martingales, stopping times, optional sampling theorem. Applications from theories of stochastic epidemics, survival analysis and others.