Northwestern University 1 credit Industrial Engineering & Management Sciences
Introduction to probability theory and its applications. Conditional probabilities and expectation values. Random variables and distributions, including binomial, Poisson, exponential, and normal. Joint distributions and limit laws for foundation of and connection to statistics. Examples in reliability, inventory, finance, and statistics. May not receive credit for both IEMS 302-0 and any of the following: ELEC_ENG 302-0; MATH 310-1, MATH 314-0, MATH 385-0; STAT 320-1, STAT 383-0. Prerequisite: prior completion of or concurrent enrollment in MATH 228-2.
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