Description Discrete Markov chains with a finite number of states, random walks, single-server queues, continuous-time Markov chains, Poisson processes, branching processes, birth and death process, M/M/n queues, Monte-Carlo simulation may be introduced. Prerequisites (STA260H5 or STA238H1 or ECO227Y5) and (MAT223H5 or MAT240H5) Exclusions STA347H1 or STA447H1 or STAC63H3 Enrolment Limits Priority is given to students enrolled in Applied Statistics Specialist or Major programs. Distribution Requirement Science Total Instructional Hours 36L/12T Mode of Delivery In Class Program Area Statistics, Applied