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Tips for Studying Stochastic Methods?

LivinLaVivaPollo

Senior member
I'm taking a CE course right now about stochastic analysis of systems, and it's pretty tough. Anyone have any tips for studying this material? I got a 14/20 on the first midterm, but there's no curve for the class and passing is at 75% 🙁, so I need to study harder for the test this coming Wednesday. It seems like you just have to pull stuff out of your butt for some problems. Also, this course might be titled something else at other schools, but it deals with PMFs, CDFs, Joint Distributions, Poisson Distributions, parallel and series systems, probability axioms, etc. So... any hints? Can I just memorize certain formulas and then derive others on the fly?
 
Have you not taken a statistics course yet? Stochastics deals a lot with stat and if you've taken stat before stochastics (which you should) there isn't that much new material there
 
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