Ross, Sheldon M.

Stochastic processes - 2nd - New Delhi Wiley India Pvt. Ltd. 2014 - 510 p.

Table of Content

Preliminaries

· The Poisson Process

· Renewal Theory

· Markov Chains

· Continuous-Time Markov Chains

· Martingales

· Random Walks

· Brownian Motion and Other Markov Processes

· Stochastic Order Relations

· Poisson Approximations

Answers and Solutions to Selected Problems

Index

Description
The book provides a non measure theoretic introduction to stochastic processes, probabilistic intuition and insight in thinking about problems. This revised edition contains additional material on compound Poisson random variables including an identity which can be used to efficiently compute moments, Poisson approximations; and coverage of the mean time spent in transient states as well as examples relating to the Gibb's sampler, the Metropolis algorithm and mean cover time in star graphs.



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Stochastic processes

519.2 / ROS