This book introduces stochastic processes and their applications for students in engineering, industrial statistics, science, operations research, business, and finance. It provides the theoretical foundations for modeling time-dependent random phenomena encountered in these disciplines. Through numerous science and engineering-based examples and exercises, the author presents the subject in a comprehensible, practically oriented way, but he also includes some important proofs and theoretically challenging examples and exercises that will appeal to more mathematically minded readers. Solutions to most of the exercises are included either in an appendix or within the text.... is an introduction to stochastic processes and their applications for students in engineering, industrial statistics, science, ... for modeling time-dependent random phenomena as they occur in physics, electronics, computer science and biology. ... Solutions to most of the exercises can be found in an appendix or the exercises are given together with their solutions. ... In particular, we acknowledge the contributions of H. Christoforou, S. Knight, T. Levin, V. Nkwambi and D. Tugendhaft.
|Title||:||Stochastic Processes and Their Applications|
|Author||:||Frank Beichelt, L. Paul Fatti|
|Publisher||:||CRC Press - 2001-10-18|