Catalog Course Description

This is an introductory course in probability designed to develop a good understanding of uncertain phenomena and the mathematical tools used to model and analyze it. Applications will be given in such areas as reliability theory, risk theory, inventory theory, financial models, and computer science, among others. To complement the theory, the course also covers the basics of stochastic simulation. This course is a probability course and cannot be used to fulfill any engineering unit or elective requirements.

Summer Term

5 hours of Instructor presentation of course materials per week and 15 hours of Outside Work Hours per week and 2.5 hours of The exchange of opinions or questions on course material per week.

Fall Term

3 hours of Instructor presentation of course materials per week and 5 hours of Outside Work Hours per week and 1 hours of The exchange of opinions or questions on course material per week.