Spring 2011 Course Syllabus

Course: Mathematics 4033.2.
Course Title: PROBABILITY THEORY II.
Time: MWF 9:00AM TO 9:50AM.
Place: BB 200.
Instructor: Mehta, Jatinder S.
Instructor Office: 438 WACHMAN.
Instructor Email:
Instructor Phone: 1-7283.
Office Hours: MWF 8:00-9:00.
Prerequisites: MATH 3031 OR EQUIVALENT. MATH 3032 OR EQUIVALENT IS ALSO RECOMMENDED.
Textbook: NO TEXT BOOK. I WILL USE MY MANUAL "SOA EXAM MLC POISSON PROCESSES & MARKOV CHAINS: A STUDY GUIDE." THIS STUDY GUIDE IS AVAILABLE FROM ACTUARIAL BOOKSTORE & MADRIVER BOOKSTORES. IN ADDITION YOU CAN DOWNLOAD "MULTI-STATE TRANSITION MODELS WITH ACTUARIAL APPLICATIONS BY JAMES DANIEL FROM THE SOA WEBSITE. CHAPTER 17 ON SIMULATION FROM KLUGMAN,PANJER, WILLMOT TEXT BOOK WILL ALSO BE NEEDED.
Course Goals: TO COVER THE THREE TOPICS OF MARKOV CHAINS, POISSON PROCESSES AND SIMULATION, IN THAT ORDER, WHICH ARE REQUIRED FOR THE EXAM MLC. SIMULATION IS NOT REQUIRED FOR MLC EXAM.
Topics Covered: SEE COURSE GOALS.
Course Grading: THREE CLASS TESTS AND A COMPERHENSIVE FINAL. EACH CLASS TEST ACCOUNTS FOR 20% OF YOUR COURSE GRADE. FINAL ACOUNTS FOR 40% OF YOUR COURSE GRADE. IF YOU MISS FINAL YOUR COURSE GRADE IS AN F. IF YOU MISS TWO CLASS TESTS YOUR COURSE GRADE IS AN F. NO MAKE UP FOR MISSED CLASS TESTS. YOUR GRADE FROM YOUR FINAL TEST IS SUBSTITUTED FOR THE MISSED TEST GRADE.
Exam Dates: TO BE ANNOUNCED.
Attendance Policy: MUST ATTEND ALL LECTURES.

Any student who has a need for accommodation based on the impact of a disability should contact me privately to discuss the specific situation as soon as possible. Contact Disability Resources and Services at (215) 204-1280, 100 Ritter Annex, to coordinate reasonable accommodations for students with documented disabilities.

Freedom to teach and freedom to learn are inseparable facets of academic freedom. The University has adopted a policy on Student and Faculty Academic Rights and Responsibilities (Policy # 03.70.02) which can be accessed here.

Students will be charged for a course unless a withdrawal form is processed by a registration office of the University by the Drop/Add deadline date given below. For this semester, the crucial dates are as follows:

• The first day of classes is Tuesday, January 18.
• The last day to drop/add (tuition refund available) is Monday, January 31.
• Spring recess is the week of Sunday, March 6.
• The last day to withdraw (no refund) is Monday, March 28.
• The last day of classes is Monday, May 2.

During the first two weeks of the fall or spring semester or summer sessions, students may withdraw from a course with no record of the class appearing on the transcript. In weeks three through nine of the fall or spring semester, or during weeks three and four of summer sessions, the student may withdraw with the advisor's permission. The course will be recorded on the transcript with the instructor's notation of "W," indicating that the student withdrew. After week nine of the fall or spring semester, or week four of summer sessions, students may not withdraw from courses. No student may withdraw from more than five courses during the duration of his/her studies to earn a bachelor's degree. A student may not withdraw from the same course more than once. Students who miss the final exam and do not make alternative arrangements before the grades are turned in will be graded F.

The grade I (an "incomplete") is reserved for extreme circumstances. It is necessary to have completed almost all of the course with a passing average and to file an incomplete contract specifying what is left for you to do. To be eligible for an I grade you need a good reason and you should have missed not more than 25% of the first nine weeks of classes. If approved by the Mathematics Department chair and the CST Dean's office, the incomplete contract must include a default grade that will be used in case the I grade is not resolved within 12 months.