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Stochastic Processes and Their Applications

by Frank Beichelt , L. Paul Fatti
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Current price ₹8,270.00
Original price ₹13,783.00
Original price ₹13,783.00
Original price ₹13,783.00
(-40%)
₹8,270.00
Current price ₹8,270.00

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Book cover type: Hardcover
  • ISBN13: 9780415272322
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: CRC Press
  • Publisher Imprint: CRC Press
  • Publication Date:
  • Pages: 338
  • Original Price: GBP 110.0
  • Language: English
  • Edition: N/A
  • Item Weight: 758 grams
  • BISAC Subject(s): Probability & Statistics / Bayesian Analysis

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.

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