Probability I introduces students to some basic ideas in probability and applications in economics
Module learning outcomes
On completion of Probability I, students will be provided with a foundation framework for inferential statistics, studied in Statistics I Students will be familiar with:
The basic tools required to develop and understand Probability ideas and problems
Conditional probability
Some examples of how the probabilistic framework is relevant for economics and finance
Indicative assessment
Task
% of module mark
Online Exam - 24 hrs (Centrally scheduled)
100
Special assessment rules
None
Indicative reassessment
Task
% of module mark
Online Exam - 24 hrs (Centrally scheduled)
100
Module feedback
Information currently unavailable
Indicative reading
Miller, I. & Miller, M. (2013). John E. Freunds Mathematical Statistics with Applications. 8th ed. Pearson Prentice-Hall. Spiegel, M R., Srinivasan, A. and Schiller, J J. (2000). Schaums Outline of Theory and Problems of Probability and Statistics. 2nd ed. McGraw-Hill. ISBN 00 71350047.