The unit develops foundation skills for the analysis of real-life systems with elements of uncertainty, useful for careers in Statistics, Physical and Biological Sciences, Operations Research, Engineering, Computer Science, Finance and Economics. The unit covers major topics from Probability Theory, with the focus on developing in-depth knowledge from both theoretical and modelling points of view.
Topics: Axiomatic probability theory: sample space, event, probabilities on events, independent events, Bayes' formula; Random variable, probability distribution, expectation, conditional probability; Distribution functions: discrete, continuous; joint distribution; probability generating function; Laplace transform; moment generating function. Stochastic Processes: Bernoulli process; Poisson process; discrete-time Markov Chains: Chapman-Kolmogorov equations, classification of states, recurrence, limiting probabilities; continuous-time Markov Chains: Kolmogorov differential equations, embedded chains, equilibrium distributions.
|Unit name||Probability Models 3|
|Faculty/School||College of Sciences and Engineering
School of Natural Sciences
|Discipline||Mathematics & Physics|
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
Please check you System Requirements if you are attending via Distance/Off-Campus.
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Special approval is required for enrolment into TNE Program units.
|Study Period||Start date||Census date||WW date||End date|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2018 are indicative and subject to change. Finalised census dates for 2018 will be available from the 1st October 2017.
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|2||2018: $1,148.00||2018: $2,243.00||010101|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
- Any Intermediate unit in Mathematics
3 x 1-hr lectures, 1 x 1-hr tutorial , 1 x 1-hr lab weekly
3hr exam (70%), assignments (30%)
|Timetable||View the lecture timetable | View the full unit timetable|
Information about any textbook requirements will be available from mid November.
Co-op Bookshop links
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.