Continuous models. Continuous time stochastic processes: Poisson process, Markov chains, Renewal process, Brownian motion, including simulation of these processes. Applications to Black-Scholes model, insurance and ruin problems and related topics.

Prerequisites: PSTAT 120B and PSTAT 160A, both a grade of C or better

4

Units

Optional

Grading

1, 2

Passtime

None

Level Limit

Letters and science

College
Unlocks PSTAT 176 PSTAT 276
These majors only finms stsds actsc stsap stats
Alexander Shkolnik
3.7
14 reviews
ILP 4205
R
14:00 PM - 14:50 PM
29 / 29 Full

ILP 4205
R
15:00 PM - 15:50 PM
28 / 28 Full

GIRV 2119
R
16:00 PM - 16:50 PM
28 / 28 Full

GIRV 2112
R
17:00 PM - 17:50 PM
28 / 28 Full

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Winter 2024 . Mouti S
HSSB 1173
M W
17:00 PM - 18:15 PM
Spring 2024 . Zhu Zimu
NH 1006
T R
17:00 PM - 18:15 PM
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PSTAT 160B Shkolnik A D Winter 2023 Total: 81
PSTAT 160B Shkolnik A D Winter 2022 Total: 72
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14
3.7
PSTAT160B . 2 Years Ago

The course is very difficult, but Alex taught it in the most engaging and understandable way possible. Homework is hard but fair. Quizzes and midterm are difficult but manageable if you actually do the homework instead of freeloading off your groupmates. Reach out to him on Discord or during office hours. He will go out of his way to help you.

1 helpful 0 unhelpful
PSTAT160B . 2 Years Ago

Best professor ive had. Alex feels like a real human being instead of just a lecturer. Grade is heavy on group HW which get pretty difficult. VERY accessible outside of class and very approachable. Works hard to give us extra resources (writing extra practice exams/extra credit) You can tell he loves what he does & wants us to enjoy class & succeed

2 helpful 0 unhelpful
PSTAT160B . 2 Years Ago

Very generous grading scheme, 60% hmwk, 25% midterm and 15% final project, 80% overall and above for an A. The hmwk is all in a group, but they're all incredibly hard. Super accessible outside of class, the man lives on discord and is very helpful. Good and chill lectures, tons of extra credit. Overall prolly my fave stats professor so far, big fan

2 helpful 0 unhelpful
PSTAT160B . 2 Years Ago

Very accessible outside class. Super lenient grading, easy A if you put in efforts. You can tell Alex really cares about students, and unlike most professors, he will actually spend hours outside the class, writing additional practice midterms, answering questions on discord. Overall pretty good professor. He deserves a 5.

2 helpful 0 unhelpful
PSTAT160B . 3 Years Ago

Pros: 1)Great Lectures 2)Lenient Grading(curve) 3)Nice & Understanding 4)Take Home Midterm(but not final) 5)EC Opportunity Cons: 1)HWs are group works, very heavy. Some ppl are lazy cuz you share the same grade. 2)Take home midterm. It's kinda hard but doable. Final is extremely hard and I got like only 40%. Best Prof. Hardest Course. Love him!

0 helpful 0 unhelpful
PSTAT160B . 3 Years Ago

Met with project groups often to make sure everyone was on track and gave good feedback about work done. Going to office hours with him or TAs is helpful to complete the difficult homework assignments.

1 helpful 0 unhelpful
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