ACETry ACE ↗
← Back

STAT 416Stochastic Modeling

3 credits · Statistics · Penn State

Review of distribution models, probability generating functions, transforms, convolutions, Markov chains, equilibrium distributions, Poisson process, birth and death processes, estimation.

Before you enroll

Prerequisites

You need one from each line:

Where it fits

Where it sits in degree plans

Suggested plans most often put it in Year 4 · Spring (2 programs).

What it opens up

Courses that list STAT 416 as a prerequisite (1)

  • IE 475 Modeling and Optimization of Stochastic Service Systems