# ST406 - Applied Stochastic Processes with Advanced Topics

**Module code:**ST406**Module name:**Applied Stochastic Processes with Advanced Topics**Department:**Statistics**Credit:**15

Content and teaching | Assessment | Availability

## Module content and teaching

###### Principal aims

To provide an introduction to concepts and techniques which are fundamental in modern applied probability theory and operations research: Models for queues, point processes, and epidemics. Notions of equilibrium, threshold behaviour, and description of structure.

###### Principal learning outcomes

At the end of the course students will: Be able to formulate continuous-time Markov chain models for applied problems; Be able to use basic theory to gain quick answers to important questions (for example, what is the equilibrium distribution for a specific reversible Markov chain?); Be able to solve for the transition probabilities for Markov chains on a finite state space.

###### Timetabled teaching activities

3 hours per week plus 1 hour supervision in weeks 3, 5, 7, 9.

###### Departmental link

http://www2.warwick.ac.uk/fac/sci/statistics/courses/modules/years3-4/st406

###### Other essential notes

Prerequisite(s): ST202 Stochastic Processes. Availability: Only available to students who have not taken ST333.

## Module assessment

Assessment group | Assessment name | Percentage |
---|---|---|

15 CATS (Module code: ST406-15) | ||

D (Assessed/examined work) | Coursework | 10% |

2 hour examination (Summer) | 90% |

## Module availability

This module is available on the following courses:

###### Core

N/A

###### Optional Core

- Undergraduate Mathematics and Statistics (BSc MMathStat) (G1G3) - Year 3

###### Optional

- Undergraduate Mathematics and Statistics (BSc MMathStat) (G1G3) - Year 4
- Master of Advanced Study in Mathematical Sciences (G1PE) - Year 1
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G300) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G300) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30A) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30A) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30A) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30B) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30B) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30B) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30C) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30C) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30C) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30D) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30D) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (G30D) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30E) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30E) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30E) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30F) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30F) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30F) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30G) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30G) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30G) - Year 5
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30H) - Year 3
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30H) - Year 4
- Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated (G30H) - Year 5
- Undergraduate Discrete Mathematics (G4G3) - Year 4
- Postgraduate Taught Statistics (G4P1) - Year 1
- Postgraduate Taught Statistics (G4P1) - Year 2