STAT 51600 - Basic Probability And Applications

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 1 of the Society of Actuaries and the Casualty Actuarial Society is covered by this course.)

Prerequisite(s) for Course
P: MA 26100 with a grade of C- or better.

Cr. 3.
Student Learning Outcomes