Stochastic Modelling Using Markov Chains: Applications of Markov Chains

Stochastic Modelling Using Markov Chains: Applications of Markov Chains


49,00 €
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von Stephy Thomas

Beschreibung

Modeling physical and natural phenomenon/process has been a necessity for the human beings. Initially mathematical models were used for modelling various natural phenomenon. Later, after realising the presence of uncontrollable errors, they tried to model it using the concept of probability. Modelling problems became complicated when there is dependence between these errors. Markov chains are being used widely to model various problems where there is dependence between the observations. In this monograph, some applications of the Markov chains in reliability modelling, quality assurance and distribution theory are considered. Here stochastic ageing is modeled using the Cox regression model and the Phase-Type distributions. This book can inspire those who have a basic knowledge about Markov Chains.


Tags: Mathematik, Wahrscheinlichkeitstheorie, Stochastik, Mathematische Statistik


Taschenbuch - 9783848480951
Verlag: LAP Lambert Academic Publishing
Ersterscheinung: Mai 2012
ISBN-13: 9783848480951
Größe: 220 mm x 150 mm x 7 mm
Gewicht: 195 Gramm
120 Seiten
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