Overview: Presents a comprehensive course on applied stochastic processes.Includes a wealth of exercises with detailed solutions.Provides numerous examples in reliability, information theory, production, risk, .This textbook addresses postgraduate students in applied mathematics, probability, and statistics, as well as computer scientists, biologists, physicists and economists, who are seeking a rigorous introduction to applied stochastic processes. Pursuing a pedagogic approach, the content follows a path of increasing complexity, from the simplest random sequences to the advanced stochastic
|