11.0.0 Introduction

In the previous chapter, we discussed a general theory of random processes. In this chapter, we will focus on some specific random processes that are used frequently in applications. More specifically, we will discuss the Poisson process, Markov chains, and Brownian Motion (the Wiener process). Most of the discussion in this chapter is self-contained in the sense that it depends very lightly on the material of the previous chapter.


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Practical uncertainty: Useful Ideas in Decision-Making, Risk, Randomness, & AI

ractical Uncertaintly Cover