Stochastic Modelling and Survival Analysis
Duration
- One Semester or equivalent
Contact hours
- 60 hours
On-campus unit delivery combines face-to-face and digital learning.
2021 teaching periods
Hawthorn
Higher Ed. Semester 2 | ||
---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
Engineering Mathematics 3A (MTH20004) or
Engineering Mathematics 3C (MTH20006) or
Engineering Mathematics 3A/3M (MTH20007) or
Mathematics 3A (MTH20010) or
Mathematics 3B (MTH20014)
Some familiarity with probability and statistics
Aims and objectives
This unit of study aims to convey the fundamental probability concepts necessary for an understanding of stochastic processes, introduce stochastic processes and some important related concepts, illustrate the usefulness of stochastic modelling by considering various different types of stochastic processes and how they can be applied in a range of scientific, engineering and other contexts, and examine how probability distributions can be used to model system reliability and lifetimes.
Unit Learning Outcomes (ULO)
Students who successfully complete this unit will be able to:
1. Use and interpret the concepts of conditional and joint probability distribution, conditional expectation, covariance and correlation.
2. Recognise situations where different types of stochastic process arise, and apply a sound working knowledge of relevant concepts and methods to solve theoretical and practical problems.
3. Use simple survival analysis methods to model failure rates and investigate failure time distributions.
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
*Scheduled synchronous online learning events (N/A)
Non-scheduled online learning events and activities (N/A)
Non-scheduled learning events and activities including independent study (approx. 90 hours)
Assessment
Types | Individual or Group task | Weighting | Assesses attainment of these ULOs |
Test 1 | Individual | 20-40% | 1, 2 |
Test 2 | Individual | 20-40% | 1, 2 |
Test 3 | Individual | 20-40% | 1, 2, 3 |
Assignment | Individual | 5-20% | 1, 2, 3 |
As the minimum requirement of assessment to pass the unit and meet all Unit Learning Outcomes to a minimum standard, a student must achieve:
• an aggregate mark for the unit of 50% or more.
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
- Problem solving skills
- Analysis skills
- Ability to tackle unfamiliar problems
Content
• Stochastic Processes: Concepts, Types and Applications.
• Survival Analysis and Reliability.
Study resources
- Reading materials.