MATH 547 — Stochastic Processes

Conditional probability and conditional expectation, generating functions. Branching processes and random walk. Markov chains:transition matrices, classification of states, ergodic theorem, examples. Birth and death processes, queueing theory.

• Credits: 4
• Faculty: Faculty of Science
• Department: Mathematics and Statistics
• Prerequisites: MATH 356 and either MATH 247 or MATH 251.