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, 3

Passtime

None

Level Limit

Letters and science

College
Unlocks PSTAT 176 PSTAT 276
PALANIAPPAN V
V. PALANIAPPAN
3.5
8 reviews
HSSB 1227
M W
09:30 AM - 10:20 AM
0 / 20

HSSB 1210
M W
11:00 AM - 11:50 AM
0 / 20

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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 Zhu Zimu Spring 2024 Total: 106
PSTAT 160B Mouti S Winter 2024 Total: 73
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8
3.5
pstat160a . Palaniappan V 5 Days Ago

The first two lectures were daunting, as he went through ~60 slides each. After that it was toned down to 20 on average. He gave lots of examples (mostly from book though) and exercises (mostly from book). He is also a very nice guy and wanted his students to succeed.

0 helpful 0 unhelpful
pstat160a . Palaniappan V 2 Months Ago

very approachable professor and ensures that you learn for the sake of learning rather than for the grade. important to show up to lecture since he will sometimes give additional information on topics that won't be on the slides

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pstat160a . Palaniappan V 2 Months Ago

Dr. Palaniappan cares about his students doing well. He does above and beyond the required content for 160A, but his tests, quizzes, and hw are reasonable. Attending TA OH is super helpful. He isn't helpful with hw in oh, but if you have conceptual questions he is great. His lectures do drone on a bit, but what he doesn't say is in the slides

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pstat160a . Palaniappan V 3 Months Ago

curved a lots, he reads the slides but explain well. three quizzes can drop one. go to lecture and section then you will be fine.

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pstat160a . Palaniappan V 3 Months Ago

He was generous with the grading, but didn't engage in any teaching during class, just reading slides. Even the TAs pointed out errors in his exam solutions. Still, if you're okay with that, you might be satisfied.

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pstat160a . Palaniappan V 3 Months Ago

Vellaisamy demonstrated growing support / compassion for his students, but there is a huge disconnect between his theoretical lectures and the application-based exams / quizzes, consisting of 80% of the overall grade. This made his course very tricky to follow half of the time and hard to study for, but he curved the final grades very generously.

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