Stochastic Processes An Introduction Third Edition | Statistics

Product Description

Based on a well-established and popular course taught by the authors over many years Stochastic Processes: An Introduction Third Edition discusses the modelling and analysis of random experiments where processes evolve over time. The text begins with a review of relevant fundamental probability. It then covers gambling problems random walks and Markov chains. The authors go on to discuss random processes continuous in time including Poisson birth and death processes and general population models and present an extended discussion on the analysis of associated stationary processes in queues. The book also explores reliability and other random processes such as branching martingales and simpl…