STOCHASTIC PROCESSES AND SOME APPLICATIONS
In this paper, we discuss about some applications to the birth and death process in biology and in the theory of waiting. First, we introduce some theoretical notions about the stochastic processes and we define the Markov chain and the Poisson process. Afterwards, we consider two processes of birth...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Agricultural Sciences and Veterinary Medicine, Bucharest
2016-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.16_4/Art53.pdf |
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