Book Stopped random walks: limit theorems and applications Download File PDF Epub Torrent

Stopped random walks: limit theorems and applications ebook

Stopped random walks: limit theorems and applications Ebook

 By Allan Gut

 Language: English

 Publish Year : 1987

 

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E-Book review:

Classical probability theory provides information about random walks after a fixed number of steps. For applications it is more natural to consider random walks evaluated after random number of steps. This book offers a unified treatment of the subject and shows how this theory can be used to prove limit theorems for renewal counting processes, first passage time processes, and certain two-dimensional random walks, and how these results are useful in various applications.

 

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