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Probability Theory and Applications (STAT201)

Course description

This course is to develop knowledge of the fundamental probability theory for quantitatively assessing the uncertain events. The focus in each teaching topic is on the applications of the probability concepts in everyday life. But practical problems encountered in actuarial science and finance are particularly emphasized. Topics include overview of probability, probability distributions, mathematical expectation, some special discrete distributions, some continuous distributions, functions...


Seminar Required

Graded, 1.0 Credit Units

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