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Discrete Stochastic Processes

Hardcover
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Shastic processes are found in probabilistic systems that evolve with time. Discrete shastic processes change by only integer time steps (for some time scale), or are characterized by discrete occurrences at arbitrary times. Discrete Shastic Processes helps the reader develop the understanding and intuition necessary to apply shastic process theory in engineering, science and operations research. The book approaches the subject via many simple examples which build insight into the structure...