IAM542 STOCHASTIC PROCESSES
| Course Code: |
9700542 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
8.0 |
| Department: |
Institute Of Applied Mathematics |
| Language of Instruction: |
English |
| Level of Study: |
Graduate |
| Course Coordinator: |
|
| Offered Semester: |
Fall or Spring Semesters. |
Course Content
This course is a nonmeasure theoretic introduction to stochastic processes, and as such assumes a knowledge of calculus and elementary probability. Some of the theory of stochastic processes is presented and diverse range of its applications is indicated. Outline of Topics: Poisson process, Renewal Theory, discrete-time Markov chains, continuous-time Markov chains, martingeles, random walks, Brownian motion. Applications to queuing and ruine problems.
