Renewal Theory : Probability Theory, Infinite Monkey Theorem, Continuous-time Markov Process, Independent and Identically-distributed Random Variables, Poisson Process, Random Variable
Published by Omniscriptum
ISBN 10: 6130300441 (ISBN 13: 9786130300449)
- Softcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 29.14
Quantity: 1 available
Add to basketItem description from seller
nach der Bestellung gedruckt Neuware - Printed after ordering - High Quality Content by WIKIPEDIA articles! Renewal theory is the branch of probability theory that generalizes Poisson processes for arbitrary holding times. Applications include calculating the expected time for a monkey who is randomly tapping at a keyboard to type the word Macbeth and comparing the long-term benefits of different insurance policies. A renewal process is a generalization of the Poisson process. In essence, the Poisson process is a continuous-time Markov process on the positive integers (usually starting at zero) which has independent identically distributed holding times at each integer i (exponentially distributed) before advancing (with probability 1) to the next integer:i + 1. In the same informal spirit, we may define a renewal process to be the same thing, except that the holding times take on a more general distribution. (Note however that the IID property of the holding times is retained).
Seller Inventory # 9786130300449
Bibliographic details
- Title
- Renewal Theory : Probability Theory, Infinite Monkey Theorem, Continuous-time Markov Process, Independent and Identically-distributed Random Variables, Poisson Process, Random Variable
- Author
- Lambert M. Surhone
- Publisher
- Omniscriptum
- Condition
- Neu
- Binding
- Taschenbuch
- Item weight
- 119 grams
- Dimensions
- 220x150x5 mm
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| Item | 7 to 10 business days | 5 to 7 business days |
|---|---|---|
| First item | £ 30.00 | £ 38.57 |
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