Essentials of Stochastic Processes Review

A comprehensive review of key concepts in stochastic processes, tailored for a Master's level course. This resource covers fundamental topics and provides an introduction suitable for advanced study.

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This test is designed for a Master's Level course in stochastic processes. It features the introduction and use of martingales, which allow one to do much more with Brownian motion, e.g., option pricing, and queueing theory is integrated into the Continuous Time Markov Chain and Renewal Theory chapters as examples.

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Sep 27, 2019

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