This 3rd edition of the successful
Elements of Applied Stochastic Processes improves on the last edition by condensing the material and organising it into a more teachable format. It provides more in–depth coverage of Markov chains and simple Markov process and gives added emphasis to statistical inference in stochastic processes.
- Integration of theory and application offers improved teachability
- Provides a comprehensive introduction to stationary processes and time series analysis
- Integrates a broad set of applications into the text
- Utilizes a wealth of examples from research papers and monographs
" provides excellent coverage of the basic topics Bhat and Miller have provided an excellent text and reference book. (
Interfaces, July/ August 2004)
"...an extended and well–written introduction to the theory...of stochastic processes and their applications..." (Zentralblatt Math, Vol. 1024, 2004)
"...besides conveying the concepts of stochastic processes, this book succeeds in providing insight into the reasons why for a particular topic certain lines of investigation are pursued and why certain variables/functions are introduced." (Technometrics, Vol. 45, No. 3, August 2003)
" provides excellent coverage of the basic topics Bhat and Miller have provided an excellent text and reference book. (
Interfaces, July/ August 2004)
"...an extended and well–written introduction to the theory...of stochastic processes and their applications..." (Zentralblatt Math, Vol. 1024, 2004)