Stochastic Processes and Their Applications by Frank Beichelt - ISBN: 9780415272322
Hardcover
Assuming basic knowledge of calculus and probability theory, this text presents stochastic processes in a user-friendly way, containing numerous worked examples. The large number of exercises allows readers to check their understanding of the underlying theory, along with their ability to apply stoc…

Stochastic Processes and Their Applications

$361.94

  • Hardcover

    338 pages

  • Release Date

    18 October 2001

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Summary

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.

Book Details

ISBN-13:9780415272322
ISBN-10:0415272327
Author:Frank Beichelt, L. Paul Fatti
Publisher:Taylor & Francis Ltd
Imprint:CRC Press
Format:Hardcover
Number of Pages:338
Release Date:18 October 2001
Weight:790g
Dimensions:178mm x 254mm
A-Format
B-Format
C-Format
Stochastic Processes and Their Applications by Frank Beichelt - ISBN: 9780415272322
178 × 254 mm
A4
mm / in
What They're Saying

Critics Review

“The book’s primary strength lies in its crisp and lively presentation of the subject with neither undue attention nor neglect for technical detail. … The book is well prepared an accurate. … [The] chapters on probability and general stochastic processes serve to homogenize the audience as well as make the text feel more self-contained. … Is it worth owning? Yes … . “- The American Statistician, Aug. 2004, Vol. 58, No. 3

About The Author

Frank Beichelt

Frank Beichelt, L. Paul Fatti

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