- Code STAT7018
- Unit Value 6 units
- Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
Second Semester 2014
- Course subject Statistics
- Areas of interest Actuarial Studies
- Academic career Graduate
- Dr Boris Buchmann
This course introduces students to the theory of basic discrete and continuous time Markov processes and also Gaussian processes including Brownian motion and related processes.
Topics include: Review of random variable characterisations, including cumulative distribution functions, probability density and mass functions, moment generating functions, joint, marginal and conditional distributions and conditional expectations and variances; Markov chains, including state-space decomposition, first-step analysis and determination of stationary and steady state distributions; Markov jump process theory, including embedded Markov chains, homogeneous and inhomogeneous Poisson processes and birth and death processes; Gaussian processes, including Brownian motion, geometric Brownian motion, Brownian bridges, integrated Brownian motion and White Noise.
On completion of this course students should have an understanding of and be able to apply the techniques outlined in the course description.
- Mid-semester assignment 20%
- Final exam (3 hours) 80%
10 hours per week.
Requisite and IncompatibilityTo enrol in this course you must have completed STAT2001/STAT6039 or enrolment in the Master of Applied Statistics
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT7018.pdf
Please refer to Course Website
Tuition fees are for the academic year indicated at the top of the page. Tuition fees will be published by 1 October for the next year.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Band 2
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Domestic fee paying students
International fee paying students
Second Semester, 2014
|Class number||Class start date||Last day to enrol||Census date||Class end date|
|7816||21 Jul 2014||08 Aug 2014||31 Aug 2014||30 Oct 2014|