Probability Distributions

Faculteit Economie en Bedrijfskunde
Jaar 2020/21
Vakcode EBP038A05
Vaknaam Probability Distributions
Niveau(s) propedeuse
Voertaal Engels
Periode semester II a
ECTS 5
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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