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STAT 8720  RELIABILITY THEORY (3 credits)

This course covers the probabilistic and statistical aspects of reliability theory. Reliability theory is concerned with the probability that a component or system is successfully working over a given time period or at a specific time instance. (Cross-listed with MATH 8720).

Prerequisite(s): Either MATH 4740 or STAT 3800 or permission of the instructor. Some basics of mathematical analysis are helpful when discussing limit theorems, but not required.