Probability Distributions

Uitgebreide vaknaam	Probability Distributions
Leerdoelen	Upon completion of the course the student is able to: 1. Compute moment generating functions to characterize probability distributions 2. Compute and reason about joint probability distribution function 3. Use transformations to characterize different types of probability distributions 4. Use conditional expectation to simplify and analyze probability problems. 5. Apply inequalities and limit theorems to bound and estimate probabilities.
Omschrijving	This course is a follow-up of Probability Theory, and extends and deepens the probability concepts students learned earlier, and it prepares students for later courses on statistics, risk insurance, queueing theory, and so on. The modeling and analysis of probability problems is the central theme. Students have to invest in developing numerical skills to carry out the (sometimes involved) computations and simulations by means of computers. Finally, students have to be able to place (numerical) results in a practical (business) context. Thus, they develop `number sense' in a probabilistic context.
Uren per week	variabel
Onderwijsvorm	-hoorcollege ,  -werkcollege
Toetsvorm	-schriftelijk tentamen (open vragen),  -tussentijds tentamen (open vragen) (Written Exam 80%, Midterm assignments 20%)
Vaksoort	propedeuse
Coördinator	dr. N.D. van Foreest
Docent(en)	E.R. van Beesten ,dr. N.D. van Foreest
Verplichte literatuur	Titel Auteur ISBN Prijs Introduction to Probability, 2nd edition, 2019, Chapman & Hall/CRC Texts in Statistical Science Blitzstein, Joseph K., Jessica Hwang 9781138369917 ca. €  67,00
Entreevoorwaarden	Admittance to the BSC EOR or pre-MSc EORAS
Opmerkingen	Secretary: Martine Geerlings-Koolman, phone: +31(0)50 36 37018, e-mail: m.a.koolman@rug.nl.
Opgenomen in	Opleiding Jaar Periode Type BSc Econometrics and Operations Research/EOR  (basisprogramma BSc EOR) 1 semester II a verplicht