Bookcover of Stochastic Modelling Using Markov Chains
Booktitle:

Stochastic Modelling Using Markov Chains

Applications of Markov Chains

LAP LAMBERT Academic Publishing (2012-04-30 )

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ISBN-13:

978-3-8484-8095-1

ISBN-10:
3848480956
EAN:
9783848480951
Book language:
English
Blurb/Shorttext:
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.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
Stephy Thomas
Number of pages:
120
Published at:
2012-04-30
Stock:
Available
Category:
Theory of probability, stochastics, mathematical statistics
Price:
49.00 €
Keywords:
Markov Chains, Runs, Replacement Models

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