STA 425 - Elements of Stochastic Processes

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Random walk models, Markov chains and processes, birth and death processes, queuing processes, diffusion processes and non-Markov processes.
Prerequisite(s): STA 427 with a grade of 2.0 or higher or permission of instructor; APM 255 with a grade of 2.0 or higher (or 257 with a grade of 2.0 or higher) recommended.