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This is a first course in probability which provides basic concepts related to modelling of chance events in practical life. It provides preparation for further courses in stochastic processes, statistics, statistical mechanics and an understanding of the probability concepts essential for students who want to pursue studies in physical sciences, social sciences, economics, and engineering. The course starts with an introduction of probability terms and methods of computing simple and conditional probabilities. The concepts of discrete and continuous random variables are covered. Special discrete and continuous probability distributions are explored with their real life applications.
Having successfully completed the course the students will be able to:




Dr Sultan Sial received the MSc. Mathematics degree from Carleton University and the PhD. degree…

Dr Sultan Sial received the MSc. Mathematics degree from Carleton University and the PhD. degree…
In this module, you will learn about basic set-theoretic concepts that form the mathematical foundation of probability.
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In this module, you will learn about counting principles, permutations, and combinations used to enumerate possible outcomes.
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In this module, you will learn how to define sample spaces, events, and probability axioms for computing event probabilities.
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In this module, you will learn about conditional probability, total probability, and Bayes’ theorem for updating probabilities.
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In this module, you will learn about random variables and their probability distributions, covering both discrete and continuous models commonly used in practice. The module explores expectation, variance, and functions of random variables, along with important distributions such as Bernoulli, Poisson, Normal, Exponential, and Log-normal, emphasizing real-world applications.
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In this module, you will learn about joint distributions and conditional distributions of multiple random variables.
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In this module, you will learn about expectation, variance, covariance, correlation, moment generating functions, and probability inequalities.
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In this module, you will learn about fundamental results describing long-run behavior of random variables and averages.
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In this module, you will learn about discrete-time Markov chains and stochastic processes with memoryless behavior.
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Questions? Email us at contactlumsx@lums.edu.pk
or call us on +92 42 3560 8000 | Ext: 8567 or 0321-0667775
