Apr 13, 2024  
2018-2019 Graduate Catalog 
    
2018-2019 Graduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

STAT 583 - Stochastic Processes I


Review of probabilistic tools including conditioning for joint distributions. Random sums. Finite-dimensional properties of discrete-time Markov chains. Homogeneous, and non-homogeneous, Poisson and compound Poisson processes. Thinning and summing of independent Poisson processes. Brownian motion processes. Introduction to the SDE and Ito’s lemma.

Prerequisites & Notes
PRQ: STAT 570 or consent of division.

Credits: 4