NMAD01	Markov and Renewal Processes, 7,5 ECTS-points /MARKOV- OCH FÖRNYELSEPROCESSER/ Advancement level: D
	Aim: The course will give a view of how probability theory, in particular Markov processes and renewal processes, can be applied to various problem areas like physics, technology and operations research. Prerequisites: Basic course in mathematical statistics. Knowledge about conditioning. Good mathematical knowledge including e.g. integration, convergence and limit concepts, basic difference and differential equations. Course organization: Seminars where the participants will contribute with presentation of articles and problem solutions. Course content: General probability theory, Markov processes, Renewal theory, various applications, paradoxes. Course literature: Ross: Introduction to Probability Models, Academic Press. Articles.
TEN1	Written examination
TEN2	Written or oral examination of theory.

Course language is swedish.