Courses & Units

Probability Models 3 KMA305

Hobart

Note:

Introduction

The unit develops foundation skills for the analysis of real-life systems with elements of uncertainty, useful for careers in the Physical and Biological Sciences, Operations Research, Statistics, 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; limit theorems. 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. Students will use MATLAB for the numerical experimentation.

Summary

Unit name Probability Models 3
Unit code KMA305
Credit points 12.5
College/School College of Sciences and Engineering
School of Natural Sciences
Discipline Mathematics
Coordinator Associate Professor Malgorzata O'Reilly
Available as student elective? Yes
Delivered By University of Tasmania
Level Advanced

Availability

Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 21/2/2022 22/3/2022 11/4/2022 29/5/2022

* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Construct suitable probability models for a range of real-world situations.
  • Apply problem-solving and analytical techniques for the analysis of abstract and real-world problems.
  • Read and communicate in relevant mathematical language and notation to an audience of peers.
  • Supply and use formal definitions and properties of fundamental mathematical structures encountered in the unit, in the context of rigorous analysis.
Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
010101 $498.00 $498.00 not applicable $2,402.00
  • Available as a Commonwealth Supported Place
  • HECS-HELP is available on this unit, depending on your eligibility3
  • FEE-HELP is available on this unit, depending on your eligibility4

1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
3 Please refer here for eligibility for HECS-HELP
4 Please refer here for eligibility for FEE-HELP

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to this page to get an indicative course cost.

Requisites

Prerequisites

Any Intermediate unit in Mathematics

Teaching

Teaching Pattern

3 x 1-hr lectures, 1 x 1-hr tutorial , 1 x 1-hr lab weekly

AssessmentExamination (50%)|Assignment (multiple) (50%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Required readings will be listed in the unit outline prior to the start of classes.

Recommended

• S. M. Ross, Introduction to Probability Models
• G. Grimmett and D. Stirzaker, Probability and Random Processes
• S. K. Karlin, A First Course in Stochastic Processes
• W. Feller, An Introduction to Probability Theory and Its Applications, vol. I
• Qi-Ming He, Fundamentals of matrix-analytic methods.

LinksBooktopia textbook finder

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