## Statistics and Stochastic Processes Specialisation

The Statistics and Stochastic Processes specialisation gives students a firm foundation in two areas:

- Applied statistics develops, tests and deploys tools that measure, control and reduces the uncertainty in the environment, marketplace or biological entities.
- Stochastic processes provides models for random processes in the environment such as financial markets, living organisms, populations, genetics, epidemics, queues and earthquakes.

In the first three semesters of your degree your program depends upon your studies and results at VCE level.

VCE Study Score | Semester 1 | Semester 2 | Semester 3 |
---|---|---|---|

≥25 in VCE Mathematics Methods 3/4 and no (or <30 in) VCE Specialist Mathematics 3/4 |
MAST10005 Calculus 1 | MAST10006 Calculus 2 and MAST10007 Linear Algebra** |
MAST20026 Real Analysis and either MAST20004 Probability or MAST20006 Probability for Statistics |

29 to 40 in VCE Specialist Mathematics 3/4 | MAST10006 Calculus 2 | MAST10007 Linear Algebra | MAST20026 Real Analysis and either MAST20004 Probability or MAST20006 Probability for Statistics |

≥38 in VCE Specialist Mathematics 3/4 | MAST10008 Accelerated Mathematics 1 | MAST10009 Accelerated Mathematics 2 | MAST20004 Probability [Optional Subject MAST20009 Vector Calculus] |

**May be done over summer.

In semesters 4 to 6 students do a common course.

Semester 4 | Semester 5 | Semester 6 | |
---|---|---|---|

Core subjects | MAST20005 Statistics | MAST30025 Linear Statistical Models | MAST30001 Stochastic Modelling |

plus choose at least one of | MAST30020 Probability for Inference*** | MAST30027 Modern Applied Statistics*** |

*** Students intending to a masters program in Statistics and Stochastic Modelling are advised to both of these subjects. Students who choose only one of these options must do at least one other level-3 Mathematics and Statistics subject.