May 26, 2024  
2022-2023 University Catalog 
2022-2023 University Catalog [ARCHIVED CATALOG]

STAT 51600 - Basic Probability And Applications

Credit Hours: 3.00. A first course in probability, intended to serve as a background for statistics and other applications. Sample spaces and axioms of probability, discrete and continuous random variables, conditional probability and Bayes’ theorem, joint and conditional probability distributions, expectations, moments and moment generating functions, law of large numbers, and central limit theorem. (The probability material in course one of the Society of Actuaries and the Casualty Actuarial Society is covered by this course.) Typically offered Fall Spring.Credits: 3.00