Overview
Offerings
Requisites
Contacts
Chief Examiner(s)
Unit Coordinator(s)
Learning outcomes
Understand the basic concepts of probability including conditioning and independence, univariate and multivariate probability distributions, expectations, generating functions and limit theorems;
Appreciate the relevance of probability models to a variety of areas including Science, Engineering, Actuarial Science and Finance;
Derive means, variances, moments and distributions in a variety of univariate and multivariate contexts;
Use conditioning and moment generating functions to solve a variety of problems involving two or more events or random variables;
Understand the way random numbers are generated;
Formulate in probabilistic terms real-life situations involving uncertainty.
Assessment summary
Examination (3 hours and 10 minutes): 60% (Hurdle)
Continuous assessment: 40% (Hurdle)
Hurdle requirement: If you would otherwise have passed the unit but you do not achieve at least 45% in the end of semester written examination and continuous assessment you will receive a Hurdle Fail (NH) grade and a mark of 45 on your transcript.
Workload requirements
Other unit costs
Costs are indicative and subject to change.
Miscellaneous Items Required (Unit Course Reader,Printing, Stationery)- $120.
Availability in areas of study
Financial and insurance mathematics
Mathematical statistics
Mathematics
Pure mathematics