Essentials of Stochastic Processes: A Master's Level Course

This resource is tailored for a Master's Level course in stochastic processes, providing an introduction and application of essential concepts.

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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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0:36

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Published
Feb 29, 2020

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