Discrete probability models. Review of discrete and continuous probability. Conditional expectations. Simulation techniques for random variables. Discrete time stochastic processes: random walks and Markov chains with applications to Monte Carlo simulation and mathematical finance. Introduction to Poisson process.

Prerequisites: Mathematics 4A or 4AI or 5A, Mathematics 8 or PSTAT 8, and PSTAT 120A. A minimum letter grade of C or better must be earned in each course.

4

Units

Optional

Grading

1, 2

Passtime

None

Level Limit

Letters and science

College
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PALANIAPPAN V
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ILP 4105
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12:00 PM - 12:50 PM
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ILP 4211
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13:00 PM - 13:50 PM
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GIRV 2127
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14:00 PM - 14:50 PM
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Winter 2025 . Palaniappan V
HSSB 1173
T R
09:30 AM - 10:45 AM
Fall 2025 . Palaniappan V
ILP 2101
T R
17:00 PM - 18:15 PM
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PSTAT 160A Palaniappan V Winter 2025 Total: 73
PSTAT 160A Palaniappan V Fall 2024 Total: 126
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PSTAT 160A
72 / 75 Enrolled
Applied Stochastic Processes
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M W
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38.0% A
PSTAT 160B
100 / 100 Full
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17:00 PM - 18:15 PM
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PSTAT 160B
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17:00 PM - 18:15 PM
49.7% A
PSTAT 170
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Introduction to Mathematical Finance
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33.3% A
PSTAT 171
101 / 100 Full
Mathematics of Fixed Income Markets
Hal Pedersen 2.1
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29.1% A
PSTAT 171
36 / 100 Enrolled
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T B A
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12:30 PM - 13:45 PM
29.1% A
PSTAT 173
69 / 77 Enrolled
Risk Theory
Hal Pedersen 2.1
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09:30 AM - 10:45 AM
26.6% A