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
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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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).
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
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.
- Any Intermediate unit in Mathematics
You cannot enrol in this unit as well as the following:
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.
|Links||Booktopia textbook finder|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.